Taxes October 30, 2026
Billionaires Flood Final Stretch with $50M to Sink Prop. 40, California’s Wealth Tax
A billionaire-backed group fighting Proposition 40 spent more than $50 million over the past week on efforts to thwart the wealth tax.
Technology March 25, 2024
New EU Digital Law Puts Apple, Google and Meta to the Test
The European Commission said Monday that Apple and Google’s app store rules will be targeted in the first probes under the bloc’s Digital Markets Act
Accounting March 25, 2024
Corporate Finance Leaders Still Concerned About Bank Failure, Survey Shows
A high level of anxiety still lingers following 2023's bank failures. Over half (55%) of respondents expressed concerns about the future when it comes to bank safety and soundness.
Financial Reporting March 25, 2024
2024 GAAP Taxonomy Approved By SEC
The SEC has accepted the taxonomies on GAAP financial reporting and SEC reporting, the FASB said on March 19.
Taxes March 25, 2024
Corvee Adds Home Office Deduction Tax Position to Instead for Tax Planning
Corvee, a software and solutions company serving small and medium-size businesses as well as tax and accounting firms, has added home office deduction filing guidelines to Instead and Instead Pro.
Accounting March 25, 2024
Data Shows Finance and Insurance Sector Has Had 70 Percent Increase in R&D
Companies in the US finance and insurance sector have increased their R&D investment by 70.4% compared to the previous year, according to the latest annual data. The second highest increase of all sectors in the US.
Accounting March 25, 2024
AuditBoard and KPMG Announce Strategic Alliance
Organizations will be able to leverage the combined power of AuditBoard’s award-winning connected risk platform and KPMG’s deep expertise to elevate audit, risk, IT security, and ESG programs, and help businesses better manage growing risk challenges.
Accounting March 23, 2024
Biden Signs Senate and House Budget Deal, Averting Government Shutdown
The funding package increases defense appropriations by 3% while keeping overall domestic spending flat. Temporary spending measures had funded the federal government for the first six months of the federal fiscal year.
Taxes March 22, 2024
IRS Says Processing of New ERC Claims Likely to Resume This Spring
The IRS ordered an immediate moratorium on processing new ERC claims on Sept. 14, 2023, due to instances of widespread fraud.
Technology March 22, 2024
Avalara Promises 100 More Jobs at North Carolina Office
Avalara says it currently has around 4,800 workers globally, about 10% of whom are based in downtown Durham, NC.
Small Business March 22, 2024 Sponsored
Healthcare for Your Clients: QuickBooks Online Payroll + Allstate Health Solutions
QuickBooks has partnered with Allstate Health Solutions, allowing you and your payroll clients to effortlessly provide health insurance to employees directly from QuickBooks Online Payroll.
Taxes March 22, 2024
IRS Expands Rules on Energy Communities and Production and Investment Credits
The Internal Revenue Service has issued Notice 2024-30 that expands certain rules for determining what an energy community is for the production and investment tax credits.
Taxes March 22, 2024
Wolters Kluwer Extends Global Minimum Tax Expert Solution to North America
The solution will support multinational companies headquartered in North America to collect, align, calculate and report integrated financial and tax data in accordance with Organisation for Economic Co-operation and Development (OECD) Pillar Two tax requirements.