Taxes December 12, 2025
IRS Says Financial Crimes Surged Nearly 16% in 2025—Up to $10.6B
Of the $10.59 billion, $4.5 billion resulted from tax fraud, marking an increase of 111.8% from FY24, the agency said this week.
Taxes November 12, 2025
Chicago Mayor Floating Change to Head Tax Proposal, Sources Say
Mayor Brandon Johnson’s team has been floating a change to his corporate head tax proposal that would increase the minimum size of companies affected from 100 to 200 employees.
SEC November 12, 2025
Column: SEC Must Be Independent, Not Beholden to Trump
The Securities and Exchange Commission cannot fulfill its statutory mission if it is viewed as subject to the political whims of the president.
Payroll November 11, 2025
Column: Cash is Not King. It’s Cringe
A survey of Gen Z consumers found that 53% use physical cash only as a last resort, and 29% believe that people who pay with cash are “cringe.”
Taxes November 11, 2025
Chicago Alderman Yells at Gov. JB Pritzker Over Opposition to Mayor’s Head Tax Plan
Southwest Side Alderman Byron Sigcho-Lopez stopped Pritzker after a Veterans Day ceremony on Tuesday, demanding the Illinois governor explain how he would “tax the rich.”
Payroll November 11, 2025
ADP Jobs Report Shows More Job Cuts
Goldman Sachs Group Inc. economists estimate U.S. payrolls declined by 50,000 in October, after including employees who participated in the government deferred resignation program.
Taxes November 11, 2025
Shutdown Deal Leaves Popular Obamacare Tax Credits on Shaky Ground
Expiring Affordable Care Act subsidies face an uphill battle for renewal as Democrats try to find enough Republicans to back an extension.
Taxes November 11, 2025
Smarter Tax Breaks for Homeowners, Young and Old
Instead of across-the-board property tax cuts, targeted state and federal incentives for younger first-time home buyers and older would-be sellers could begin to break the logjam in the housing market.
Firm Management November 10, 2025
Private Equity is Gobbling Up Accounting Firms—But Not This Atlanta Firm
Atlanta's Moore Colson is determined to stay independent as private equity firms acquire competitors.
Accounting November 10, 2025
Wine Accountants Reveal Impacts of Industry Challenges
Two top accounting leaders in California's North Bay—Jon Dal Poggetto and Timothy Allen—answer questions about regulations, challenges of their business and what they wish people knew about the wine industry.
Payroll November 10, 2025
This is What Three Women Who Asked for Higher Pay Got—and What They Learned
For working women, asking for a raise isn't as simple as "yes" or "no." Three women share what happened when they asked for higher pay.
Taxes November 10, 2025
High Stakes for Chicago Mayor Brandon Johnson’s Progressive Agenda in Head Tax Push
Having already failed to deliver other key tenets of his ambitious tax-the-rich wish list, the head tax is a watershed moment for Johnson and his allies.
Income Tax November 10, 2025
Trump Pardons Baseball Legend Darryl Strawberry on Tax Evasion Charge
President Donald Trump is granting a pardon to former baseball star Darryl Strawberry, who pleaded guilty three decades ago to tax evasion, according to a White House official.