FASB plans changes in crypto accounting The Financial Accounting Standards Board met to discuss accounting for transfers of crypto assets and disclosures around digital assets such as stablecoins.
IRS encourages whistleblowers to report fraud at tax-exempt groups The IRS is asking for whistleblowers to report misuse, diversion or fraudulent use of federal funds by nonprofits, individuals and businesses.
On the move: CBIZ names new CIO/CTO CohnReznick adds chief administration and transformation officer; HCVT opens Denver metro office; and more news from across the profession.
Tech news: Xero announces Xero OS Plus, Tieout announces launch; LogicGate touts Config Newton, an agentic GRC Engineer; and other news and updates from the accounting tech world.
Protect margins and retain talent in a rising wage era This year alone, minimum wages increased in 19 states and dozens of cities and counties, reflecting a broader national shift toward higher baseline pay.
Trump says Mamdani 'destroying' NY as mayor vows tax hikes President Trump assailed New York Mayor Zohran Mamdani, warning that his push to ramp up taxes on the wealthy would be destructive to the nation's largest city.
States rush to build clean energy projects to tap expiring incentives U.S. states are moving to establish a pipeline of large-scale renewable energy projects that can qualify for billions of dollars in expiring federal tax credits.
NYC's second-home tax unites Mamdani, Hochul after budget fights Governor Kathy Hochul and New York City Mayor Zohran Mamdani have finally found a tax to agree on. Getting everyone else on board stands to be more complicated.
Lawmakers propose tax and IRS bills as filing season ends Senators introduced tax-related legislation aimed at improving taxpayer service, cracking down on tax evasion and curbing the carried interest tax break.
Lack of governance coordination on AI costing companies While organizations are pouring incredible amounts of money into AI, lack of strong governance and coordination between leaders has blunted the effectiveness of these investments or even lost them money.
