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Latest News & Web Pages
What makes a Best Firm for Technology?
19+ hour, 27+ min ago (898+ words) A look inside what it takes to truly get the most out of your firm's technology, based on the results of our annual Best Firms for Technology list, and with insights from Roman Kepczyk of Rightworks. How you doing, Roman?...
IRS upped overtime amid staff reductions
23+ hour, 9+ min ago (264+ words) The Internal Revenue Service has increased the amount of overtime hours and pay for its employees after extensive staffing reductions and last fall's government shutdown, according to a new report. Taxpayer Services accounted for 87% of the overtime hours worked, according…...
Evergrande liquidators seek $8. 4 B from Pw C in Hong Kong court
1+ day, 40+ min ago (482+ words) China Evergrande's liquidators are seeking 57 billion yuan ($8. 4 billion) in their lawsuit against Pricewaterhouse Coopers International Ltd. and its mainland China and Hong Kong affiliates, among the largest corporate claims ever sought in the city." Of the total amount, liquidators are…...
Musk's x AI fails to pay staff $420 for giving their tax returns to Grok
1+ day, 40+ min ago (337+ words) Elon Musk's x AI asked employees earlier this year to offer up their own tax returns as training data for the company's Grok chatbot, promising a $420 payment as incentive for doing so. Two months later, those payments still haven't materialized....
Trump moves to drop $10 B lawsuit against IRS
1+ day, 3+ hour ago (519+ words) President Donald Trump moved to drop his $10 billion lawsuit against the Internal Revenue Service over the 2019 leak of his tax information, the first move in a deal being discussed by administration officials that could include benefits for him and his…...
The operational capacity crisis firms are still underestimating
1+ day, 3+ hour ago (658+ words) The discourse surrounding the future of accounting has largely centered on automation, artificial intelligence and digital transformation. Yet many firms are facing a far more immediate and underestimated issue: operational capacity." The accounting profession is facing not only a technology…...
Lewis Group CPAs adds specialty-trades firm
1+ day, 4+ hour ago (131+ words) Lewis Group CPAs acquired specialty-trades accounting firm Atlas Accounting Group in April, expanding its presence in the Pacific Northwest, according to a report by the Vancouver Business Journal. The deal combines Atlas's trades specialty and Lewis's full-service tax practice." Regional…...
White House touts deals on soybeans and rare earths after Trump-Xi summit, while China talks up tariff cuts
1+ day, 20+ hour ago (425+ words) BEIJING " China has agreed to buy U. S. soybeans and address American access to rare earths, the White House said Sunday, touting some of the most tangible outcomes so far from a high-profile bilateral summit last week. U. S. President Donald Trump on Friday…...
Berkshire Hathaway returns to airlines with $2. 6 billion stake in Delta Air Lines
4+ day, 2+ hour 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
3+ day, 23+ hour 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…...