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Emma Slack-Jorgensen
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Corporations Rely on Longstanding Partnership Rules to Reduce Certain Employment Taxes
Accounting
A report in The New York Times has brought new attention to a tax planning strategy involving limited partnerships that many…
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FASB Issues Update Aimed at Simplifying Accounting for Purchased Loans
Accounting
The Financial Accounting Standards Board (FASB) has released a new Accounting Standards Update (ASU) intended to streamline…
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FASB and GASB Seek Student Nominations for Postgraduate Technical Assistant Program
Accounting
The Financial Accounting Standards Board (FASB) and the Government Accounting Standards Board (GASB) are inviting accounting…
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Senate Moves Forward on Bill to End 40-Day Federal Shutdown
Accounting
The US Senate advanced a bill on Nov. 9 aimed at reopening the federal government after a 40-day shutdown that has halted…
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Treasury Launches Department-Wide Fraud Investigation into Contracting Programs
Accounting
The US Treasury has ordered a full audit of all contracts and task orders awarded under preference-based contracting…
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NATP Warns Shutdown and Staffing Cuts Threaten IRS Operations
Accounting
The National Association of tax Professionals (NATP) has warned congressional leaders that ongoing government shutdowns and…
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IRS Grants Reporting Relief for Employers on Tips and Overtime for Tax Year 2025
Accounting
The IRS has announced temporary relief for employers and other payers who may struggle to comply with new reporting rules on…
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Where Most Fraud Really Comes From
Accounting
At this year’s FAE Business and Industry Conference, experts Anthony M. Bracco and Brian Sanvidge offered a closer look at…
Read More
Zohran Mamdani Wins New York City Mayoral Race
Advocacy
Zohran Mamdani, a 34-year-old state assemblyman from Queens and a democratic socialist, was elected the 111th mayor of New…
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