Goldman Sachs ensnared in EY data breach earlier this year
Goldman Sachs Group Inc.'s data was exposed earlier this year in a hack of accounting firm EY, according to a person familiar with the matter.

NYC can proceed with pied-a-terre tax as court weighs appeal
New York City can proceed with the rollout of its pied-à-terre tax while an appeals court considers a legal challenge.

Trump says he's considering gas tax suspension to ease costs
The administration is looking for ways to ease high energy costs ahead of November's midterm elections.

AI recommendations favoring narrow band of big firms
The majority of CPA firms are completely invisible to AI search, which is dominated by a small number of extremely large organizations.

In the blogs: No longer have a choice
Midterm elections a month away; tax geeks; zero U.S. tax; and other highlights from our favorite tax bloggers.

IFAC sets new global principles for accountants
The International Federation of Accountants introduced a set of six global principles to provide a framework for creating healthy, sustainable professional environments.

Groups ask IRS to stop plan to deny tax credits to immigrants with citizen children
Nearly 200 organizations are urging the IRS to scrap a plan to deny federal tax credits to lawful immigrants and their children who are U.S. citizens.

Are CPA firms asking the right questions of offshore partners?
When CPA firms add offshoring to their strategy, they often approach several third-party providers across different countries to understand their capabilities.

Blue & Co. names next managing director
Kurt Beier will succeed Brad Shaw as managing director of Indiana-based Top 100 Firm Blue & Co. in January 2027.

Prager Metis grows real estate expertise
The Top 75 Firm acquired Sherbert CPA, expanding its industry expertise in real estate, affordable housing and construction, and growing its Southeast footprint.