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The timing of restructuring will be critical, though, thanks to its significant tax implications.
June 6 -
It's time finance and accounting leaders seriously considered automating AP functions and marking its place as a standard business practice.
June 6ExpandAP -
The freedom of working remotely while traveling the world doesn't include freedom from tax compliance issues.
June 6 -
The Internal Revenue Service is turning to artificial intelligence to help select tax returns to audit and narrow the tax gap, but it needs to use this new technology consistently and transparently, according to a new government report.
June 5 -
Between inflation and reduced contributions, charities and not-for-profits are being squeezed and need extra help and time to file their Form 990 with the IRS.
June 5 -
The shift of public accounting firms, traditionally focused on providing auditing and tax services, into expansive multidisciplinary firms has long raised concerns among investors and regulators.
June 5Baruch College -
The White House has vetoed a bill that would have repealed a measure requiring custodians of crypto assets to count them as liabilities on their balance sheets.
June 5 -
A crypto investor known as "Bitcoin Jesus" has been released on bail in Spain, where he faces extradition to the U.S. on tax fraud charges.
June 5 -
The governor will potentially replace the tolling plan with a tax on New York City businesses.
June 5 -
The U.S. Fifth Circuit Court of Appeals in New Orleans sided with the private funds industry, which argued that the agency overstepped its authority.
June 5