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Latest News & Web Pages
American Express, credit card provider to the wealthy, wants even more high spenders
2+ mon, 2+ week ago (489+ words) American Express is finding that even for a provider of credit cards to the affluent, it pays to focus on the highest of high rollers. The company recently shifted marketing dollars to its refreshed Platinum card, which carries an $895 annual…...
Trump says Mamdani 'destroying' NY as mayor vows tax hikes
13+ hour, 56+ min ago (444+ words) President Donald Trump assailed New York City Mayor Zohran Mamdani, warning that his push to ramp up taxes on the wealthy would be destructive to the nation's largest city. "Sadly, Mayor Mamdani is DESTROYING New York! It has no chance!...
On the move: CBIZ names new CIO/CTO
8+ hour, 16+ min ago (136+ words) The Financial Accounting Standards Board met to discuss accounting for transfers of crypto assets and disclosures around digital assets such as stablecoins. The IRS is asking for whistleblowers to report misuse, diversion or fraudulent use of federal funds by nonprofits,…...
Protect margins and retain talent in a rising wage era
9+ hour, 9+ min ago (684+ words) As 2026 unfolds, service industry leaders across the country are navigating a familiar but increasingly complex challenge: a new wave of minimum wage increases." This year alone, minimum wages increased in 19 states and dozens of cities and counties, reflecting a broader…...
Lack of governance coordination on AI costing companies
1+ day, 3+ hour ago (591+ words) While organizations are pouring incredible amounts of money into AI, lack of strong governance and coordination between leaders has blunted the effectiveness of these investments to the point where only a minority are realizing any tangible financial gains." Part of…...
NYC's second-home tax unites Mamdani, Hochul after budget fights
14+ hour, 29+ min ago (1114+ words) Governor Kathy Hochul and New York City Mayor Zohran Mamdani have finally found a tax that they agree on. Getting everyone else on board stands to be more complicated. Mamdani has been an eager proponent of taxing wealthier New Yorkers…...
Tech news: Xero announces Xero OS
12+ hour, 18+ min ago (145+ words) Xero announces Xero OS; employee benefit plan audit automation platform Tieout announces launch; Logic Gate touts Config Newton, an agentic GRC Engineer; and other news and updates from the accounting tech world. The Financial Accounting Standards Board met to discuss…...
IRS encourages whistleblowers to report fraud at tax-exempt groups
5+ hour, 36+ min ago (458+ words) The Internal Revenue Service is asking for whistleblowers to report misuse, diversion or fraudulent use of federal funds by tax-exempt organizations, individuals and businesses. The IRS issued a Whistleblower Alert Friday calling out an area of concern about misuse, diversion…...
States rush to build clean energy projects to tap expiring incentives
14+ hour, 8+ min ago (609+ words) U. S. states are moving to establish a pipeline of large-scale renewable energy projects that can qualify for billions of dollars in expiring federal tax credits." "It is critical to get projects that qualify for these credits, primarily for customer affordability," said…...
Lawmakers propose tax and IRS bills as filing season ends
1+ day, 6+ hour ago (782+ words) Senators introduced several pieces of tax-related legislation this week, including measures aimed at improving customer service at the Internal Revenue Service, cracking down on tax evasion and curbing the carried interest tax break, in addition to efforts in the House…...