GOP lawmakers raise doubts on prospects of third budget bill
The tax-writing Ways and Means Committee hasn't had any discussions about including tax provisions in a third reconciliation bill.

Baker Tilly acquires Anchin
Top 10 Firm Baker Tilly will acquire Top 100 Firm Anchin, Block & Anchin, and will move its headquarters from Chicago to New York City.

FASB proposes guidance on market-return cash balance plans
The Financial Accounting Standards Board issued a proposed accounting standards update to enhance the guidance for some market-return cash balance plans.

In the blogs: Hit 'post' too soon
Dangerous counter-trend; compliance challenges; tax-free periods; and other highlights from our favorite tax bloggers.

Accounting has large freelancer gender pay gap
The finance and accounting sector has the largest freelancer gender pay gap of any major work category, according to a new global study.

Two firms merge, rebrand as Proactive Advisory Group
Proactive Tax & Advisory in Babylon, New York, and Accountability Services in Seattle merged and rebranded under the name Proactive Advisory Group.

Congress introduces bills to overhaul digital asset tax rules
Members of the tax-writing House Ways and Means Committee are holding a hearing on a legislative package that would overhaul the taxation of digital assets.

PCAOB chair plans to overhaul inspections
Demetrios Logothetis outlined his plans for revamping the PCAOB's audit firm inspection program and its new quality control standard.

Trump's $100K H-1B visa fee rejected
The president's decree dramatically increasing the cost of the popular visa is an unlawful tax and must be vacated, the judge said in a ruling.

Utah's Sadler Gibb adds Washington firm
The Draper, Utah-based firm acquired Assure CPA in Spokane, Washington, expanding its Pacific Northwest presence and adding public-company audit capabilities.