The Internal Revenue Service issued the annual inflation adjustments for health savings accounts in 2025 as prices continue to rise.
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The House passed a bill that would repeal the SEC's SAB 121, which requires custodians to list digital currency as a liability on their balance sheets. However the president said he'd veto the bill.
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The Top 50 Firm snagged a $250 million minority investment from private equity firm Bain Capital.
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Senior leaders from Accounting Today's Top 100 Firms and Regional Leaders share the areas where they see the most potential for the profession.
Senior leaders from Accounting Today's Top 100 Firms and Regional Leaders share their biggest concerns for the year ahead.
The 25 accounting practices with the highest revenue growth in percentage terms in 2023 from Accounting Today's Top 100 and Regional Leaders list.
Bodies of evidence; the Ultimate crime; one expensive ghost; and other highlights of recent tax cases.
The Internal Revenue Service and the Treasury Department plan to issue regulations on the interplay between foreign tax credits, dual consolidated losses and OECD rules.