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Whitley Penn adds Toombs, Hall & Foster
36+ min ago (305+ words) Toombs, Hall & Foster specializes in real estate, construction, oil and gas, professional services, retail, wholesale, manufacturing and nonprofit organizations. With 28 staff members, the firm primarily serves clients based in Texas and the Southwest. Whitley Penn ranked No. 34 on Accounting Today's…...
Saylor's Strategy faces 'sizable' fourth-quarter loss from Bitcoin tumble
6+ hour, 58+ min ago (418+ words) Michael Saylor has long noted that Bitcoin's volatility "is a feature, not a bug" when pitching his cryptocurrency accumulator Strategy Inc." Investors will soon see the downside of that, with the company likely to report a multibillion-dollar loss when it…...
New made-in-USA cars qualify for Trump tax perk, IRS says
7+ hour, 20+ min ago (759+ words) Taxpayers who bought a new car in 2025 may qualify for a new tax break in the upcoming filing season " so long as that vehicle was made in the U.S., the Internal Revenue Service said. Taxpayers should check the vehicle information label,…...
Accounting firms can go beyond PE | Accounting Today
7+ hour, 53+ min ago (1313+ words) The private equity wave isn't slowing down anytime soon " but neither are the rest of the investors eyeing accounting firms. While private equity tends to dominate the conversation surrounding accounting firms taking outside capital, firm owners actually have an expansive…...
ICICI Bank Launches Capital Gains Account Scheme To Help Taxpayers Claim Exemptions, Earn Interest
15+ hour, 10+ min ago (311+ words) ICICI Bank has announced the launch of the Capital Gains Account Scheme (CGAS), a facility that allows taxpayers to park unutilised long-term capital gains or sale proceeds and claim tax exemptions while earning interest on the deposited amount. The launch…...
January 2026 - Journal of Accountancy
1+ day, 9+ hour ago (163+ words) Guide clients through the significant changes in H.R. 1. This annual tax quick guide highlights dollar thresholds, tax tables, standard amounts, credits, and deductions. After suffering two strokes in four days, the author battled mental health issues before he learned to recognize,…...
Simple but effective AI use cases for CAS
1+ day, 9+ hour ago (1554+ words) Discover a six-step process to implement artificial intelligence and explore examples with specific tools. Practitioners who provide client advisory services (CAS) can address staffing pressures and rising client expectations through the implementation of artificial intelligence (AI) tools. Using AI tools…...
Get ready for tax season
1+ day, 9+ hour ago (944+ words) Guide clients through the significant changes in H.R. 1. Clients will need more help than usual this tax season, as last summer's H.R. 1, P.L. 119-21, known as the One Big Beautiful Bill Act, made federal taxes more complicated for many individuals. The law introduced new…...
Shaping AI governance and controls
1+ day, 9+ hour ago (143+ words) Bradley Niedzielski, National Business Controls Advisory Leader, and Audit & Assurance partner, Deloitte & Touche LLP, discusses why broad controls and strong governance are important when implementing AI. Q When using artificial intelligence (AI), how can companies maintain strong controls, governance, and…...
India's GST Collection Rises 6.1% YoY In December 2025; Details Here
1+ day, 12+ hour ago (93+ words) For the April-December 2025 period, gross GST revenues total Rs 16.50 lakh crore, marking an 8.6% increase from Rs 15.19 lakh crore collected during the same period last year. India's GST Collection Rises 6.1% YoY In December 2025; Details Here GST Collection December 2025: India's goods and…...