Resources
Accounting Today
- by Michael CohnPCC chair Jere Shawver is on a mission to increase awareness of the group that represents the perspectives of privately held companies on accounting standards.
- by Michael CohnThe legislation would eliminate income taxes for Americans who earn less than $46,000 and reduce income taxes for those making between $46,000 and $80,500.
- by Michael CohnThe Canadian Public Accountability Board published individual auditing firm inspection reports for the first time, marking a significant milestone.
- by Mary Ann TasoulasMillionaire's lifestyle; Cocoplum loco; bourbon beef; and other highlights of recent tax cases.
- by Anastasia AtamanchukCalifornia's proposed wealth tax has become one of the most closely watched fiscal policy experiments in American history.
- by Bloomberg NewsWashington state is set to approve a new tax on millionaires, a measure that would shift how the state raises money and set off a likely court fight.
- by Michael CohnThe new IRS Tax Withholding Estimator accounts for changes to tax credits and deductions introduced by the One Big Beautiful Bill Act.
- by Paige HagyThe Top 50 Firm acquired Berman Hopkins CPAs & Associates, growing its presence in central Florida and continuing its expansion in the Southeeast.
- by Wenzel R. ReyesThe profession needs to engage seriously with whether the binary audit opinion remains the right product for the public interest it is meant to serve.
- by Michael CohnThe IRS changed the submission process for groups that intend to operate as 501(c)(4) tax-exempt organizations, requiring them to submit forms through Pay.gov.
Wall Street Journal
- Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.
- The Canadian government said it would provide extraordinary financing to Canada Post to avoid insolvency at the state-owned mail service.
- Amazon.com said it is open to talks with officials from the Canadian and Quebec governments about the decision to shut down operations in the country’s French-speaking province, which would lead to 1,700 people losing their jobs.
- Once a stalwart supporter of Black and LGBTQ rights, the retailer joined corporate America’s retreat from DEI initiatives.
- Find insight on Cnooc, YTL Power International, Ampol, and more in the latest Market Talks covering energy and utilities.
- Read about CSX, Magna International, Alaska Air and more in the latest Market Talks covering the auto and transport sector.
- Find insight on CSX, Givaudan, Rio Tinto and more in the latest Market Talks covering basic materials.
- Find insight on Banca Monte dei Paschi di Siena’s bid for Mediobanca, Travelers and more in the latest Market Talks covering financial services.
- Novo Nordisk shares rose sharply after the Danish pharmaceutical giant said an experimental weight-loss shot helped patients lose 22% of their body weight in a clinical trial.
- The European Commission said that the parties’ offer to sell five of International Paper’s plants in Europe fully addresses its competition concerns over the deal.