ACCOUNTING & TAXES

Can OpenAI’s Real Time Accounting Close End the Fire Drill?

Month-end close has a particular talent for making perfectly organized finance teams look like detectives searching a house after someone moved all the furniture. One analyst has t...

SEC UPDATES

SEC Eases AI Debt Bond Rules, Putting Less Skin in the Game

AI infrastructure needs chips, power, land, cooling, and one other ingredient that rarely gets the same attention: a mountain of debt. That financing pressure helps explain why the...

M&A UPDATES

Grassi Expands NYC Presence with Hoffman Mulligan Addition

Grassi, a prominent accounting firm based in New York, has strategically expanded its operations by integrating Hoffman Mulligan into its fold, effective August 1. This move signif...

ACCOUNTING & TAXES

Dentist Accused of Dodging $1.1M in Taxes

What happens when a dentist allegedly stops filing taxes for more than a decade, keeps the business running, and then tells the IRS to pay him $525,000? That is the unusual tw...

BUSINESS

The Corporate Transparency Act Rollercoaster Is Finally Over

The Corporate Transparency Act (CTA) has spent the past few years looking less like a compliance rule and more like a regulatory pinball machine. After shifting deadlines, nationwi...

IRS UPDATES

IRS Sets the Stage for the New Saver’s Match

The feds are switching up retirement. Instead of just given people a tax credit, they’re now talking about straight-up dropping money into your retirement account. That&rsquo...

M&A UPDATES

Eide Bailly Expands with MUN Merger

Top 20 accounting firm Eide Bailly is set to merge with MUN, a Roseville, CA-based accounting and advisory firm, effective August 17. This strategic move will expand Eide Bailly's ...

AICPA UPDATES

AICPA Wants CAMT Guidance to Stop Moving the Goalposts

Corporate tax teams have spent the past few years doing something they generally hate: building expensive models around rules that keep moving. The Corporate Alternative Minimum Ta...

IRS UPDATES

Employers Get a New Tax-Free Pass with Trump Account Contributions

The IRS and Treasury just moved Trump Accounts from a family savings idea into the employer benefits world. The concept traces back to a 2024 election proposal from Donald Trump an...