SEC moves to scrap Biden-era rule on climate risk disclosures The Securities and Exchange Commission wants to formally kill rules that would have required public companies to report greenhouse gas emissions and risks.
IRS offers look-back interest calculator for contracts The Excel-based calculator can help companies working on large, multiyear construction or manufacturing projects compute the interest for the contracts.
IRS ups HSA amounts for 2027 The Internal Revenue Service released the inflation-adjusted amounts for health savings accounts for 2027, increasing the limits from 2026.
On the move: Vokt to head BKR Plus, Eide Bailly names a slate of managing directors; Baker Tilly principal to head AICPA Tax Executive Committee; PrimeGlobal reports double-digit growth in member revenue; and other news from across the profession.
Tech news: Sage announces new automation for receivables, AP, purchasing, analytics Plus, Auditoria.AI announces Governed Autonomy operating framework; HubSync rolls out HubSync Halo; and other accounting tech updates.
Judge pauses action on Trump's $1.8B fund amid suits The fund was created as part of an agreement to resolve the president's lawsuit against the Internal Revenue Service over the past leak of his tax information.
AI, due diligence and the new IRS AI is a powerful tool for tax professionals, but with a smaller, more automated and less forgiving IRS, firms need to have the right policies in place.
Why table-stakes tax planning is still elusive at many firms Talking about the importance of one type of tax planning or another is far different from implementing all of those strategies across the industry.
Florida's property-tax plan risks fees for 'everything' Governor Ron DeSantis floated a plan that could eventually eliminate property taxes for more than 90% of Florida residents who own their homes.
Capitol Hill staff won't rule out year-end tax deal The House-passed Taiwan tax bill, which has bipartisan support but languished in the Senate, could be a legislative priority where both parties could coalesce.
