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The Top 75 Firm opened Mary Street Capital, an investment bank affiliate, to expand its advisory capabilities and serve family- and founder-owned middle-market businesses.

RSM US and RSM UK partners approved a new transatlantic partnership structure in a nearly unanimous vote, effective Jan. 1, 2026.

The Internal Revenue Service spelled out some of the services that will be limited or unavailable during the government shutdown.

A new international accounting standard for nonprofit organizations has emerged, drawing on the work of established standard-setters.

The Carbon Measures initiative will support the development of a ledger-based framework that is similar to what exists in traditional financial accounting.

Audit and GRC solutions provider AuditBoard announced the launch of Accelerate, its new AI solution designed for risk teams, as well as its acquisition of AI governance solutions provider Fairnow.

The National Association of State Boards of Accountancy has revamped its CPAverify.org and ALD.nasba.org websites with a new design and more features.

The Senate passed the Internal Revenue Service Math and Taxpayer Help Act despite the government shutdown, sending it to President Trump for his signature.

Payhawk launched its Link & Control solution, which allows companies to link their bank-issued corporate cards to the platform.

Delaware has long been known as one of the most business-friendly states, but for the past several years, companies have been moving for several reasons.

BDO announced its decision to remain independent of equity investments, plans to accelerate consolidation of member firms, and global leadership changes.

Accounting and financial reporting solutions provider SoftLedger announced a revamped partnership program with reduced pricing for certain participating firms.

Notice 2025-57 explains how businesses should report interest to car purchasers so they can deduct it under the OBBBA.

The so-called head tax would levy $21 per employee per month on companies with at least 100 workers, to raise $100 million for community-safety programs.

Netflix had to pay about $619 million to settle a multiyear tax dispute with Brazilian authorities going back to 2022.

Using AI to teach accounting; CPAs and financial statements; TIGTA on joint returns; and other highlights from our favorite tax bloggers.

Chief financial officers hope to control costs in 2026 while still expanding revenue, according to a new survey.

The Trump administration agreed to procedures for student debt relief so borrowers who have their loans canceled this year don't get hit with a huge tax bill.

The American Institute of CPAs is asking for more flexibility for taxpayers who wish to claim tax deductions for overtime and tip income under the OBBA.

SAP announced new specialized AI Joule Agents (named for its generative AI copilot Joule) that handle travel and expense processes as well as core finance functions.