The tax-filing season for individuals just opened recently, but businesses already got a head start on various tax incentives in the One Big Beautiful Bill Act.
Category: NYT Accounting News
On the move: Koltin Consulting names first chief growth officer
PCAOB adds to advisory groups; Schneider Downs transitions to single CEO structure; and more news from across the profession.
Blue acquires D & Co. in Texas
The Top 75 Firm acquired D & Co., expanding its presence in Texas and strengthening its healthcare specialty.
GHJ acquires Blueprint CFO
The Top 100 Firm acquired Blueprint CFO, a fractional CFO services firm, expanding its presence in Southern California.
IRS had some problems with tax relief for former hostages
The agency incorrectly labeled some taxpayers as hostages when providing tax relief, or failed to remove a special indicator after their release from captivity.
Burgmaier Group adds Balise
Albuquerque, New Mexico-based Burgmaier Group announced it completed a merger with tax firm Balise PC.
Tax platform Accrual launches with AI automation support for all forms
Accrual, a tax prep and review platform for firms that launched today with $75 million in funding, already supports every federal and state tax form, as well as the unstructured data to fill it.
AICPA to propose changes to attestation standards
The Auditing Standards Board will be proposing a set of updates to its attestation standards to address sustainability information and other assurance issues.
Mutual funds are 25% unrealized capital gains, study suggests
None of the findings in a new working academic paper will likely surprise financial advisors. But they could provide some helpful data for conversations with investors.
Democrats blast Trump’s $10B lawsuit vs. IRS
Senators Ron Wyden and Elizabeth Warren want to know if the DOJ plans to defend the IRS against Trump’s $10 billion lawsuit over the leak of his tax returns.