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Latest News & Web Pages
Accountants worried about war in Iran
8+ hour, 59+ min ago (340+ words) The quarterly survey, released Wednesday by the Association of Chartered Certified Accountants and the Institute of Management Accountants, polled 485 ACCA The'percentage'of respondents'reporting increased operating costs'reached its'highest rate in Q1 of this year since Q3 2022, which was in the aftermath of Russia's invasion…...
Execs adjust to volatility in second Trump administration
16+ hour, 1+ min ago (443+ words) The survey, released Monday by Pw C, found executives are now largely positive about how their companies have responded over the past 15 months, with 90% of the 633 U. S. executives polled last month saying their company is in a stronger position than two…...
Goldman Sachs bond traders stumbled as Wall Street rivals thrived: 'A fire is being lit under' them
16+ hour, 10+ min ago (473+ words) When Goldman Sachs executives were asked about disappointing results in the firm's fixed income division this week, they made it sound as though the trading environment was simply not in their favor. Fixed income revenue fell 10% in the first quarter,…...
Only 18% of organizations track AI ROI
12+ hour, 17+ min ago (412+ words) While recent data finds a clear majority of professional service organizations routinely use generative AI, few are actually measuring their returns on investment, and when they do it is often centered around internal metrics like employee use versus anything to…...
Protect clients from post-closure payroll tax notices
12+ hour, 22+ min ago (405+ words) As your clients' trusted advisor, you are naturally someone they turn to for direction when navigating the sometimes tricky waters of managing payroll." Closing payroll accounts matters because stopping payroll to employees doesn't automatically close an employer's payroll tax accounts....
IRS CEO touts successful tax season despite cutbacks
13+ hour, 22+ min ago (538+ words) Internal Revenue Service CEO Frank Bisignano testified on Tax Day during a Senate Finance Committee hearing about the filing season that is coming to a close and how IRS operations were affected by the new tax deductions in the One…...
Most PCAOB-registered firms don't do audits
12+ hour, 22+ min ago (369+ words) Most firms registered with the Public Company Accounting Oversight Board aren't conducting any public audits." In its 2025 annual report, the PCAOB found that 863 of 1, 444 (60%) registered firms do not perform issuer, broker-dealer or substantial-role audits. Within the U. S. , 340 of 646 (53%) of firms do…...
Regulators are reportedly zeroing in on suspicious trades ahead of market-moving Trump post
18+ hour, 50+ min ago (307+ words) U. S. derivatives regulators are examining a handful of unusual oil futures trades that took place minutes before a surprise announcement by President Donald Trump signaling a pause in attacks on Iran, according to Bloomberg News. The investigation is being spearheaded by…...
A Tax Day cash drain is coming for US funding markets
16+ hour, 54+ min ago (679+ words) Wall Street strategists expect a robust increase in the Treasury's coffers this week as Americans pay their taxes, potentially putting pressure on relatively calm U. S. funding markets and spurring institutions to bolster their cash holdings." Strategists estimate that tax payments due…...
Hochul wants tax on NYC second homes worth $5 M+
16+ hour, 54+ min ago (631+ words) New York Governor Kathy Hochul is proposing a new tax on second homes in New York City worth at least $5 million as a way to raise cash for the city's struggling budget. "If you can afford a multimillion-dollar second home…...