Schellman gets Goldman investment The Top 50 Firm received a minority investment from Private Equity at Goldman Sachs Alternatives, expected to close at the end of Q2 2026.
A sliver of NYC's wealthy has unusual rallying cry: tax me more The members of the "Patriotic Millionaires," who include a Disney heiress, argue that rich residents can afford paying more into city coffers.
Reimagining financial decision-making, work and value in the age of AI In the future of finance, the success of AI tools won't depend on scattered individual initiatives, but on establishing a standardized approach across teams.
IRS plans extended hours at Taxpayer Assistance Centers The Internal Revenue Service will have extended weekday and Saturday hours this spring through April 30 despite recent closures of several TACs.
Tax Fraud Blotter: A boy's best friend … Don't rock the boat; go fly a kite; no place like home; and other highlights of recent tax cases.
Tech news: Deloitte launches physical AI solution Plus, RightRev launches Revi AI platform for revenue accounting automation; Rocketlane unveils Nitro AI for professional service firms; and other accounting tech news.
IRS releases proposed regs on Trump accounts The pilot program for the new Trump accounts will deposit $1,000 into the accounts of children born between 2025 and 2028.
IASB finalizing standard for rate-regulated cos. The International Accounting Standards Board is finalizing a standard to give investors a clearer picture of utilities' performance and future cash flows.
CRI acquires CFO Hub The Top 25 Firm acquired CFO Hub, expanding its reach to California and strengthening its footprint in New York, Austin, and the Washington, D.C. metro area.
Employers cut 92K jobs, including 1.4K in accounting The professional and business services sector lost 5,000 jobs, including 1,400 in accounting, tax preparation, bookkeeping and payroll services.
