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Millionaires, who comprise less than 1% of New York City filers, generate 40% of city income tax revenue, says the Citizens Budget Commission.

President Trump's idea of mailing $2,000 "dividend" payments from tariffs to citizens marks a throwback to the stimulus checks distributed during COVID.

Plus, the end of Windows 10, and Xero's big buy, and seven other developments in accounting technology you may have missed.

Aprio is uniting its Aprio Firm Alliance with the Professional Services+ Alliance it inherited from RSM US to create a combined Aprio Alliance.

The Internal Revenue Service has provided a safe harbor for certain trusts enabling them to stake their digital assets without jeopardizing their tax status.

Citrin Cooperman merged in KBFM; Brown Edwards acquired DesRoches; and Pinion added Gifford & Cox.

The industry asked for and received a delay in the rule from the IRS in 2023. Now that it's going into effect, here are the key implications for sponsors and savers.

Compliance solutions provider Sovos announced expansions to its AI platform, including product tax code classifications for sales and use tax and data mapping.

The Council raises between $1 million to $1.5 million per year from approximately 40 participating accounting firms to research and treat Alzheimer's disease.

Regardless of when the government gets back up and running, it is likely that the effects of the reduced staff, reduced funding, and the shutdown will be felt during the 2026 tax filing season and perhaps beyond.