Daily News & Insights

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...

ACCOUNTING & TAXES

EY Faces £4.9mn Fine for Mishandling Audits

There’s no shortage of headlines in the accounting world lately, from a storied British travel brand (Thomas Cook) being tossed to a Polish buyer, to EY getting a £4.9 million f...

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...

ACCOUNTING & TAXES

Is the Future of Municipal Bond Tax Exemptions in Jeopardy?

The municipal bond market, long seen as the “grandpa” of fixed-income investing, is having its main character moment again. With rising rates, Washington drama, an...

ECONOMY

What Really Happened After Trump's Tariffs

On April 9, 2025, President Donald Trump announced a 90-day pause on the sweeping tariffs introduced a week earlier, following outreach from over 75 countries and mounting fin...

TECHNOLOGY

How KPMG Saved 1,000 Hours in the Hiring Process with One AI Bot

What if we told you your next recruiter might not have a LinkedIn profile… or even a pulse? Nope, it’s not a Black Mirror rerun. It’s KPMG’s latest AI power move, and spoil...

ACCOUNTING & TAXES

Accounting Shift Triggers $5.9 Billion Loss for Saylor’s Strategy

Michael Saylor’s Strategy Inc., formerly known as MicroStrategy, is once again dominating headlines, but not for a record-breaking Bitcoin buy. Instead, the company has posted a ...

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...

ACCOUNTING & TAXES

April 15 Tax Filing Manual for Professionals

The April 15 tax deadline? Yeah, it’s coming in hot, hotter than the wings on Hot Ones. And if you’re a tax professional, CPA, or EA trying to help your clients cross the finis...

MONTHLY NEWS CAPSULE

March 2025 Recap: News & Insights in 10 Mins

As Q1 2025 winds down, March 25 brought a flood of pivotal shifts across the global business and finance landscape. From billion-dollar write-downs and bold divestitures to regulat...

ACCOUNTING & TAXES

Social Media Signup May Be Treated as a Taxable Event

It’s hotter than a CPA’s inbox in April, and this time, Italy’s coming for tech giants where it hurts: their so-called “free” business model. In a lan...