States generally assert taxing authority over income based on two core principles: residency and source.
Category: NYT Accounting News
10 ways to have a better tax season
‘Cautious optimism’ is the watchword for this tax season — but there’s still plenty tax practitioners can do to make it run smoothly.
Capital One agrees to acquire fintech Brex for $5.1B
The bank plans to buy the closely held financial-technology company that focuses on corporate expense management and accounting.
Whitman Transition Advisory merges with C-Suite Impact
Whitman Transition Advisors and C-Suite Impact announced a merger to create a consulting firm under the name Whitman Advisory.
IRS offers guidance on overtime deduction ahead of tax season
The Internal Revenue Service and the Treasury released a set of questions and answers on the new deduction for overtime pay under the One Big Beautiful Bill Act.
On the move: Firms go golfing
BDO USA partners with the LPGA while Weaver signs up a brand ambassador from the PGA; and other accounting firm and personnel news.
Accounting challenges lurk behind the M&A rebound
Larger transactions and the resurgence of SPACs are reshaping the market, increasing the stakes for accurate, timely, and well-informed accounting decisions.
Tax Fraud Blotter: Prophet motive
Credits galore; boost boast; and other highlights of recent tax cases.
Tennessee CPAs lobby lawmakers
The Tennessee Society of CPAs organized an annual visit to the state capital in Nashville to visit legislators and call on them to make changes in state laws.
Sax acquires Owen J. Flanagan & Co.
The Top 75 Firm has added an audit and accounting firm in New York, the latest deal after receiving private equity funding.