Offering comprehensive expertise for privately held companies and individuals
Tax Fraud Blotter: No solution
Making use of refunds; playing defense; how to use thin air; and other highlights of recent tax cases.

On the move: Nisivoccia wins President's Award for advocacy work
New FICPA chair begins tenure; Blue & Co. opens new office in Chattanooga; and more news from across the profession.

Trump wins broad economic policy shift as House passes tax bill
President Donald Trump secured a sweeping shift in U.S. domestic policy as the House passed a $3.4 trillion fiscal package that cuts taxes, curtails spending on safety-net programs and reverses much of Joe Biden's efforts to move the country toward a clean-energy economy.

Congress passes Trump tax bill
House Republicans passed the wide-ranging Trump tax legislation dubbed the One Big Beautiful Bill Act, overcoming resistance from a group of GOP holdouts and united opposition from Democrats.

Tech news: Wolters Kluwer adds document summaries, tool directory to CCH AnswerConnect
Plus, FileAI announces V2 platform launch; Foxit launches PDF and Document Workflow APIs; and other accounting tech updates.

AICPA proposes to toughen auditors' responsibilities for spotting fraud
The American Institute of CPAs' Auditing Standards Board is looking for feedback on a proposed standard updating auditors' responsibilities related to fraud.

Employers added 147K jobs in June, including 200 in accounting
The jobs report beat expectations, while the unemployment rate dipped one-tenth of a percentage point to 4.1%.

Practice Profile: Art appreciation
The art practice of New York City accounting firm LMC helps clients go from "starving" to successful artists in need of the firm's tax and advisory services.

House Republicans clear critical hurdle in Trump tax bill debate
The bill includes tax cuts Republicans campaigned on, a phase-out of Biden-era clean energy incentives and funding for the president's crackdown on illegal immigration.

In the blogs: Get yourself ready
Preparing for OBBBA; your firm: the next generation; courage and foolishness; and other highlights from our favorite tax bloggers.
















 

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