Blackstone acquires a majority investment made less than three years ago by a fellow private-equity company, the latest in a long line of recent deals involving large accounting firms.
FASB on Monday published an Accounting Standards Update (ASU) that clarifies for non-calendar-year-end entities the interim effective date of ASU No. 2024-03, Income Statement — Reporting ...
In the emergency application filed Tuesday, the Justice Department said beneficial ownership reporting is important in the government’s fight against crimes such as the financing of terrorism.
The IRS provided temporary relief that permits eligible taxpayers to use alternative methods to make adequate identification of digital asset units sold, disposed of, or transferred in 2025.
Two Boise State University accounting professors created a podcast series to attract new talent by taking students on professional journeys. Contrary to persistent stereotypes, the accounting ...
The Tax Court held that the surviving shareholder of an S corporation was still a shareholder at the time of the S corporation’s bankruptcy and liable for her share of a distribution and additions to ...
Q Do companies sometimes find “unexpected” derivative instruments? A Yes! When companies want to borrow money at a fixed rate of interest, it is not uncommon to find that borrowing on a variable rate ...
Our expert tax report highlights the important issues that tax preparers and their clients need to address for the 2024 tax year. Stay informed and proactive with guidance on critical tax ...
The Social Security Administration announced an increased maximum amount of wages subject to Social Security tax in 2025. The cost-of-living adjustment (COLA) for Social Security benefits for 2024 is ...
Q. When I am in video meetings with clients, I take notes, but I am splitting my attention between the call and writing. I feel like I might be missing something important or giving the impression ...