Business News

BUSINESS

Block Gets a $40M Wake-Up Call over Compliance Failures

Jack Dorsey’s fintech empire, Block Inc., just got struck with a $40 million fine. Yep, you read that right. And no, this isn't a headline out of a cybersecurity thriller — it?...

BUSINESS

Walmart Knows How to Make a Trade War Work

Walmart’s always had a knack for making life easier for shoppers—but behind the smiley-face prices, it’s also been slick at dodging economic speed bumps. When President Trump...

BUSINESS

Top Accounting Firms Baker Tilly Moss Adams in $2B Merger Talks

You know something’s cooking when accounting firms start acting like Wall Street sharks. Baker Tilly, the Chicago-based heavyweight in the advisory and assurance ring, is reporte...

BUSINESS

Non-Traditional Revenue Strategies for Audit, Tax and Advisory Firms

As Audit, Tax, and Advisory firms increase their profile with investors—and as the top players start landing serious funding—the whole industry is facing the heat. The pressure...

BUSINESS

Why U.S. Accountants Still Cannot Practice in the U.K.

“If it ain't broke, don't fix it”, but when you try fixing what's already working (sorta), you'd better bring a good wrench. And right now, it seems lik...

BUSINESS

PCAOB Fines PwC $2.75M For Quality Control Lapses

The Public Company Accounting Oversight Board (PCAOB) has dropped the hammer on PwC Israel, striking the firm with a $2.75 million fine for widespread training exam misconduct...

BUSINESS

Is the $5.65B Deal a Win for Sun Communities or Blackstone?

Sun Communities just pulled off a big-league deal, trading its marina empire for a hefty $5.65 billion payday. Think of it like swapping a decked-out superyacht for a steady cash-f...

BUSINESS

What’s Behind the Sluggish Start for M&A in 2025?

Wall Street was hoping for fireworks, but instead, it got fizzlers. After Donald Trump returned to the White House, dealmakers anticipated a flood of mergers and acquisitions (M&am...

BUSINESS

New Financial Reporting Rule Tracks Cash Transactions Over $200

As money services businesses (MSBs) and financial professionals, we’ve seen our fair share of rule changes, but this one’s turning more than a few heads. Starting April...

BUSINESS

Alphabet Agrees to Buy Cybersecurity Firm Wiz for $32 Billion

When it comes to tech giants and billion-dollar deals, one thing’s for sure, "no" isn’t always the final answer. Just last year, Alphabet, Google’s parent company, offered&nb...

BUSINESS

How Advisors Can Safeguard Client Life Insurance?

Did you know that, according to a Harris Poll, about 65% of the population mistakenly thinks that the price initially established with an insurer for their non-guaranteed life insu...

BUSINESS

Is AI About to Replace Your CPA This Tax Season

Filing taxes is like eating your veggies, you know it’s good for you, but no one’s exactly thrilled to dig in. And here’s the kicker: Nearly 43% of Americans woul...