Bankruptcy

BOI on hold; the TCJA and future budgets; using private equity; and other highlights from our favorite tax bloggers.

The U.K.'s audit and accountancy regulator has opened an investigation into an accountant following solar farm investments made by a now bankrupt local authority.

Sellers cannot protect themselves from a buyer's bankruptcy or if the buyer just stops making payments.

The tax prep franchise's owner, NextPoint, earlier sought bankruptcy protection in Canada.

As a potential economic downturn looms, companies need to consider the valuation and accounting ramifications of bankruptcy.

Americanas sought bankruptcy protection after its shares tumbled 77% in one day and dollar bonds sank to 15 cents on the dollar following the reporting of the massive accounting hole.

Owing $2 million in taxes, the "Machete" star and prolific businessman jokes that he now understands dog grooming isn't 'a legit expense.'

The Brazilian retailer filed for bankruptcy protection after finding billion-dollar "accounting inconsistencies" that artificially boosted profits and reduced its reported liabilities by half.

NFT guide; levels of the IRA; new blog in town; and other highlights from our favorite tax bloggers.

Sam Bankman-Fried's failed FTX empire filed for bankruptcy on Nov. 11, potentially creating more than a million creditors and convulsing crypto.