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Latest News & Web Pages
Tax Fraud Blotter: Not so great
6+ hour, 1+ min ago (1135+ words) Atlantic Highlands, New Jersey: Joseph Manzi, the former director of finance, operations and development for the Church of Saint Leo the Great in Lincroft, New Jersey, has pleaded guilty to embezzling more than $1 million from the church after using the…...
Platform adds Mass. firm
12+ hour, 9+ min ago (296+ words) Platform Accounting Group acquired Burke & Associates CPAs under the new name Shoreline Advisors, expanding the Top 50 Firm's presence in Massachusetts. The firm services small and mid-sized businesses across architecture, design, real estate, technology and more. It adds offices in Boston,…...
Miner Perpetua Resources secures $2. 9 billion U. S. loan for Idaho gold, antimony project
16+ hour, 47+ min ago (250+ words) Mining company Perpetua Resources has secured a $2. 9 billion loan from the U. S. Export-Import Bank, CNBC has learned. The deal comes as the U. S. looks to secure access to critical minerals and break China's stronghold on essential supply chains. Perpetua shares rose more…...
Prediction markets are fueling a high-stakes brawl between states and federal regulators
17+ hour, 45+ min ago (843+ words) As prediction markets' volumes grow at a ruthless pace, their businesses are being challenged by states across the country. The federal government is fighting a multifront battle to stop them and assert their regulatory authority." Sixteen states are involved in…...
Space X, Open AI valuations would mean they leapfrog Berkshire Hathaway on first day of trading
18+ hour, 29+ min ago (399+ words) A slew of tech mega-IPOs are ahead and they're set to push Warren Buffett aside on their first day of trading. Space X on Wednesday officially filed to go public on the Nasdaq. On the same day, reports circulated that…...
AICPA elects Jan Lewis as chair
15+ hour, 26+ min ago (370+ words) Jan Lewis, a tax partner at BMSS Advisors in Ridgeland, Mississippi, has been elected as the new chair of the American Institute of CPAs and the Association of International Certified Professional Accountants, which combines the AICPA and the Chartered Institute…...
Why automation doesn't fix broken finance processes
16+ hour, 54+ min ago (1042+ words) Every finance leader today is being sold the same future: automation will simplify operations, reduce costs and accelerate decision-making." In practice, that outcome is far less consistent. Organizations are investing heavily, yet many are not seeing the expected returns. The…...
Jan. 6 police officers sue to block Trump's $1. 8 B fund
16+ hour, 56+ min ago (641+ words) Police who responded to the U. S. Capitol riots involving President Donald Trump's supporters in 2021 are suing to block the creation of a government "anti-weaponization" fund, alleging that it's "the most brazen act of presidential corruption this century." The lawsuit, filed Wednesday…...
Mamdani's tax plans may hurt New York, JPMorgan's Dimon says
17+ hour, 42+ min ago (554+ words) JPMorgan Chase & Co. Chief Executive Jamie Dimon criticized plans by New York's left-leaning mayor Zohran Mamdani to slap more taxes on the rich, arguing the move risks doing further damage to the city's status as a business hub. Dimon's comments…...
Pw C, EY lay off executive assistants as AI accelerates
17+ hour, 42+ min ago (732+ words) Pw C's U. S. arm laid off about 600 executive assistants, recruiters and other support staff in February, according to people familiar with the situation. The cuts followed months of uncertainty among the Big Four accountancy's non-client-facing employees after restructuring plans were announced…...