Resources
Accounting Today
- by Paige HagyPrivate company leaders looking to sell reported that tax on recognized gains (88%) and transfer taxes (87%) were major concerns, per a Deloitte survey.
- by Roger RussellWith no guidance available, tax practitioners and their clients have to figure out how much risk they want to take.
- by Chris GaetanoXero plans to shift third party app developers from a revenue share commercial model to a new tiered-pricing structure based on API usage and connections.
- by Paige HagyPrimeGlobal member firms' total revenue increased 19% year-over-year to $6.4 billion.
- by Michael CohnThe One Big Beautiful Bill Act makes the opportunity zone program permanent and also introduces some changes in the real estate investor tax breaks.
- by Bloomberg NewsWealthy taxpayers in high-tax states like California, New York and New Jersey are the biggest winners, as are workers who collect tips or overtime, and seniors.
- by Kristen RampePartners at firms that have chosen to remain independent are now asking whether a firm's internal buyout multiple should be adjusted.
- by Michael CohnThe deal will expand the Top 10 Firm's footprint to South Florida and its existing presence on the East Coast.
- by Daniel HoodThe agency's Criminal Investigation unit also identified 112% more tax fraud from the previous year.
- by Jeff StimpsonScenes from an Italian restaurant; blue Hawaii; you're gonna be soooory; and other highlights of recent tax cases.
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.