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Eide Bailly admits 24 partners; MGI Worldwide adds new member firm; and more news from across the profession.
May 10 -
The extent of how many taxpayers were affected by the breach was unknown until now.
May 10Wolters Kluwer Tax & Accounting North America -
A recent survey has found that 40% of tax professionals believe generative AI will allow them to demand higher rates, in comparison to 6% who said rates will decrease.
May 10 -
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.
May 9 -
The Internal Revenue Service issued the annual inflation adjustments for health savings accounts in 2025 as prices continue to rise.
May 9 -
Overall, a better experience, but there were still some bumps on the road to April 18.
May 9Wolters Kluwer Tax & Accounting -
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.
May 9 -
The cost of extending the 2017 tax cuts for households, small businesses and the estates of wealthy individuals enacted under President Donald Trump has expanded, according to new estimates from Congress's fiscal scorekeeper.
May 8 -
The SEC's guidance is a part of a much broader movement as the U.S. strives to catch up with Europe.
May 8Visual Lease -
The Public Company Accounting Oversight Board sanctioned three auditors from Florida's Liggett & Webb.
May 7