The Top 25 Firm acquired Trace Advisory in Ridgeland, Mississippi, expanding its ability to serve government entities and public-sector organizations.
Category: NYT Accounting News
Hillary Salo named next FASB chair
The Financial Accounting Foundation named Hillary Salo as the next chair of the Financial Accounting Standards Board, starting July 1, 2027.
How non-grantor trusts maximize charitable, small business stock tax advantages
With recent changes to tax law, non-grantor trusts have become attractive vehicles for gaining tax efficiencies, such as when making charitable contributions.
More small businesses offering retirement plans
While only about 19% of small businesses offered a retirement plan in 2019, 31% now offer them in 2026.
In the blogs: Changing hands again
Below the fold; AI hyperscalers; politically biased; and other highlights from our favorite tax bloggers.
Aprio funds AI initiatives
Aprio, a Top 20 Firm based in Atlanta, is expanding its investment in artificial intelligence through its Aprio Ventures program.
Treasury proposes GENIUS Act rules on who can sell stablecoin
The Treasury Department issued a notice of proposed rulemaking on implementing a section of the GENIUS Act on who can sell digital assets pegged to a fiat currency like the U.S. dollar.
Check your tech stack for AI training leaks
Tech stacks may be leaking more information than firms realize due to terms and conditions that give vendors permission to access and use it how they see fit.
EY sets up Career Residency Program
Ernst & Young has enhanced its internship program, combining real-world work experience with coaching and future-focused skills development.
Firm files patent on service contract and warranty accounting
Kerper Bowron LLC filed U.S. and international patent applications for the Kerper-Bowron Method of forecasting liabilities for warranties and service contracts.