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Some states are 'decoupling' from OBBBA tax changes
1+ mon, 5+ day ago (832+ words) He anticipates states will continue to adopt the OBBBA provisions at their own pace, but in some cases that can take years. He cited the example of California, which finalized its adopting and decoupling provisions last June for the Tax…...
Experiential learning: A game changer for accountants
1+ mon, 2+ week ago (867+ words) Online games allow students of all ages to deal with ethical dilemmas in real-world scenarios. Whether you're a first-year accounting student or a corporate controller with 20 years of experience, learning never stops. In the real world, early-career training is getting…...
Here are 3 forces that drove a remarkable, record-setting week on Wall Street
9+ hour, 37+ min ago (40+ words) You can call it a comeback. Stocks rocketed to record highs last week on hopes of a peace deal with Iran, with the S & P 500 closing above 7, 100 for the first time and the Nasdaq completing its. .....
Fed officials still foresee rate cut this year, despite war impacts, minutes show
1+ week, 3+ day ago (18+ words) Policymakers said they would need to remain "nimble" as they weighed the impact the war had on inflation....
Jamie Dimon says Iran war makes Middle East peace prospects better in the long term
3+ week, 4+ day ago (421+ words) JPMorgan Chase CEO Jamie Dimon said Tuesday that while the Iran war poses near-term risks, it may ultimately improve the prospects for lasting peace in the Middle East. "I think the Iran war makes it a better chance in the…...
IRS navigates tax season amid staffing cuts
1+ mon, 2+ day ago (328+ words) The Internal Revenue Service managed to get through the tax filing season last year despite extensive budget and staffing cuts, according to a new government report, but this year will be dealing with tax changes stemming from the tax law…...
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
1+ day, 9+ hour 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!...
Lack of governance coordination on AI costing companies
1+ day, 22+ 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…...
On the move: CBIZ names new CIO/CTO
1+ day, 4+ hour 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,…...