Accounting January 7, 2025
Navigating 2025’s Complex Landscape for Boards and Audit Committees
Maintaining the focus on financial reporting and internal control risks remains job number one for audit committees.
Financial Reporting January 7, 2025
Two Wipfli Reports Show Growth and Confidence for Banks and Credit Unions in 2025
Based on the extensive data, the surveyed financial leaders describe challenges such as cybersecurity, talent shortages and digital transformation maturity as continuing to shape strategies and priorities in 2025.
Accounting January 6, 2025
2024’s Economy Lays the Groundwork for a Steady 2025
As we look to 2025, the small business economy is on track to support these businesses and provide additional opportunities for growth. However, uncertainties remain.
January 3, 2025
Biden Blocks Nippon Steel’s $14.1 Billion Takeover of U.S. Steel
Biden announced his formal decision on Friday after the case was referred to him by a U.S. security review panel, ahead of a deadline early next week.
Accounting January 3, 2025
Grant Thornton’s U.S. and Ireland Entities to Create Global Platform
The new platform of roughly 12,000 professionals will include a united Trans-Atlantic advisory and tax practice, as well as independent audit practices.
Accounting January 3, 2025
Remote and Stripe Partner for Contractor Payments in Cryptocurrency
The company said this gives companies a secure, near-instant alternative to compensate contract talent in the way that suits them best while Remote maintains compliance at home and abroad.
AICPA January 2, 2025
AICPA Requests Guidance Related to Partial Exclusion for Gain from Certain Small Business Stock
Section 1202 was enacted as part of the Omnibus Budget Reconciliation Act of 1993 as an incentive for taxpayers to start and/or invest in certain small businesses.
Small Business December 30, 2024
Former President Jimmy Carter Dies at Age 100
The singular achievement of his years in power was his role in negotiating a milestone peace agreement between Egypt and Israel, longtime rivals in the Middle East.
Small Business December 27, 2024
The Top Tax & Accounting News Stories of 2024
2024 saw major news events and ongoing trends that are significantly shaping the profession, including how professionals practice, how firms operate, and your business and individual clients.
Accounting December 24, 2024
State CPA Society News and Updates – Dec. 2024
State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories.
Firm Management December 23, 2024
HubSync Releases 2024 Product Enhancements & New Features
HubSync Co. has announced several new enhancements to its product suite. These new features focus on how firms manage tax and accounting processes, leveraging cutting-edge AI and user-centric design.
Accounting Standards December 22, 2024
IASB Updates Accounting Standards for Nature-Dependent Electricity Contracts
Nature-dependent electricity contracts help companies to secure their electricity supply from sources such as wind and solar power.