Treasury targets tax exemptions for schools over racial policies The Treasury Department escalated an effort to strip schools of their tax-exempt status if they consider race in admissions, scholarships or other areas.
Epstein's tax advice and the mysterious $158M 'work of art' for Leon Black Many of the tools Jeffrey Epstein employed in the tax transactions cited in a report have been used by other billionaires to generate massive tax savings.
Trump administration threatens tax-exempt status of thousands of schools The Treasury Department and the IRS issued proposed regulations threatening to end the tax-exempt status of schools that offer programs to help minority groups.
The AI skills gap in accounting is structural, not technical The common assumption is that closing the AI skills gap means teaching accountants new technical skills. But the real gap is structural: whether a firm has redesigned its governance, roles, and workflows around AI.
Gray Griffith & Mays expands in West Virginia Charleston, West Virginia-based Gray Griffith & Mays acquired Lambright & Gutta, effective as of Sept. 2.
Trout expands dental advisory practice Lancaster, Pennsylvania-based Trout CPA acquired Schiff & Associates, expanding the firm's dental advisory practice.
Withum expands in California The deal expands the Top 25 Firm's assurance and consulting practice, and strengthens its industry and service capabilities.
FASB proposes codification tweaks The Financial Accounting Standards Board posted a proposed accounting standards update with targeted improvements to the Accounting Standards Codification.
NYSE internal audit requirement: Why a five-year delay is too long A proposed NYSE rule change would let newly listed companies wait five years before establishing an internal audit function.
Private sector added 38K jobs in August as pay grew Base pay rose 3.2% and gross pay was up 4.7% year over year, according to the new ADP Pay Insights component of the report.
