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Latest News & Web Pages
Berkshire Hathaway returns to airlines with $2. 6 billion stake in Delta Air Lines
7+ hour, 22+ min ago (386+ words) Berkshire Hathaway added a sizeable stake in Delta Air Lines, marking the conglomerate's return to the airline industry after exiting the sector entirely during the Covid-19 pandemic in 2020. The Omaha-based company built a position worth more than $2. 6 billion, making Delta…...
ASL adds California firm
4+ hour, 32+ min ago (178+ words) Regional Leader Abbott, Stringham & Lynch acquired San Jose, California-based Aright Co." ASL, based in Campbell, California, is a Regional Leader in the West on Accounting Today's 2026 Top 100 Firms and Regional Leaders list. It reported $35. 7 million in revenue, with 17 partners and…...
'Biggest bottleneck in the AI buildup' fuels DRAM ETF to record
11+ hour, 7+ min ago (317+ words) The Roundhill Memory ETF (DRAM) just hit $9. 8 billion in assets under management in 43 days" the fastest pace ever for an exchange-traded fund, according to TMX Vetta Fi. Ahead of Thursday's milestone, the CEO of Roundhill Investments told CNBC's "ETF Edge…...
Two levers for doubling your firm's value
8+ hour, 1+ min ago (528+ words) Almost every CPA firm owner I know ends up having the same conversation sooner or later. What is our firm worth? Sometimes it happens because someone is thinking about selling. Sometimes it happens because a new partner is coming in…...
New York plans tax on homes over $1 M purchased with cash
9+ hour, 45+ min ago (771+ words) New York lawmakers are planning a new tax on New York City homes purchased in cash for at least $1 million, according to people familiar with the state budget negotiations. The lawmakers are also considering expanding the tax to all-cash purchases…...
Newsom pitches software tax to raise billions in new revenue
9+ hour, 45+ min ago (774+ words) California Governor Gavin Newsom is proposing a new tax on cloud-based software sales, turning to the technology sector for billions of dollars in new revenue as the state's budget is being lifted by the artificial-intelligence boom. The proposal, unveiled Thursday…...
On the move: Eisner names a new cannabis leader
9+ hour, 45+ min ago (166+ words) Eisner Amper named a new partner-in-charge of its cannabis and hemp group; the Wisconsin Institute of CPAs elected a new chair; Weaver named a new head of its India operations; RSM announced a big slate of leadership appointments; and more…...
ITR Filing Begins: Excel Utilities Released For ITR-1 And ITR-4; Know Who Can File Return
23+ hour, 13+ min ago (313+ words) ITR Filing 2026: The income tax department has released Excel-based ITR utilities for the financial year 2025-26 (assessment year 2026-27). The excel utilities for ITR-1 and ITR-4 are now available on the income tax portal, allowing eligible taxpayers to begin filing their income…...
Six strategies for AI
1+ day, 2+ hour ago (282+ words) Artificial intelligence is forcing the accounting profession to evolve faster than ever before, and firm leaders aren't backing down from the challenge. When asked to describe their firms' strategies on AI, senior executives from Accounting Today's 2026 Top 100 Firms and Regional…...
Tax Fraud Blotter: Full of scrap
1+ day, 2+ hour ago (1375+ words) Grand Rapids, Michigan: James Phillip Scholten, 51, of Byron Center, Michigan, was sentenced to 20 months in federal prison for tax evasion. Additionally, Scholten was ordered to pay restitution to the IRS in the amount of $868, 707 and serve three years of supervised…...