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Accounting Today
accountingtoday.com > news > knav-adds-affiniax-group

KNAV adds Affiniax Group

KNAV adds Affiniax Group2+ hour, 12+ min ago   (259+ words) KNAV Advisory acquired UAE-based assurance and advisory firm Affiniax Group, expanding its presence in the Middle East, effective Jan. 1, 2026. The transaction combines Affiniax's established local operations with KNAV's international network and systems. Affiniax will continue operating under its current leadership…...

Accounting Today
accountingtoday.com > news > ryan-acquires-meritax-advisors

Ryan acquires Meritax Advisors

Ryan acquires Meritax Advisors4+ hour, 3+ min ago   (292+ words) Tax and software provider Ryan acquired Meritax Advisors, expanding Ryan's property tax capabilities. "With Meritax Advisors joining Ryan, we're adding a disciplined, client-focused team with deep knowledge of the Texas property tax landscape," Damon Chronis, president of U.S. operations at Ryan,…...

Accounting Today
accountingtoday.com > articles > trump-vows-to-donate-any-proceeds-from-10b-irs-lawsuit

Trump vows to donate any proceeds from $10B IRS lawsuit

Trump vows to donate any proceeds from $10B IRS lawsuit6+ hour, 1+ min ago   (524+ words) President Donald Trump said he would donate any money he received in a $10 billion lawsuit that he filed against the U.S. Treasury and Internal Revenue Service over an unauthorized disclosure of his tax returns to the press during his first term…...

Accounting Today
accountingtoday.com > news > making-outsourcing-work-for-your-accounting-firm

Making outsourcing work for your firm

Making outsourcing work for your firm6+ hour, 58+ min ago   (1066+ words) For years, many accounting firms regarded outsourcing as a cautious experiment, useful in some cases but rarely a core part of their strategy. That has changed. Faced with a competitive business environment, ongoing talent shortages, and rising client expectations, firms…...

Accounting Today
accountingtoday.com > news > mutual-fund-study-examines-capital-gains-taxes

Mutual funds are 25% unrealized capital gains, study suggests

Mutual funds are 25% unrealized capital gains, study suggests18+ hour, 58+ min ago   (397+ words) Though assets continue to flow out of mutual funds into more tax-efficient vehicles, the threat of capital gains taxes may be keeping trillions of dollars locked in limbo, a new study found. "That's always been a challenging one to explain…...

Accounting Today
accountingtoday.com > news > democrats-question-trump-10b-lawsuit-vs-irs

Democrats blast Trump's $10B lawsuit vs. IRS

Democrats blast Trump's $10B lawsuit vs. IRS19+ hour, 19+ min ago   (300+ words) Sen. Ron Wyden, D-Oregon, and Elizabeth Warren, D-Massachusetts, want to know whether the Justice Department plans to defend the Internal Revenue Service and the Treasury Department against President Trump's $10 billion lawsuit over the leak of his tax returns to The…...

Accounting Today
accountingtoday.com > news > private-sector-added-22k-jobs-in-january

Private sector added 22K jobs in January

Private sector added 22K jobs in January1+ day, 1+ hour ago   (438+ words) Private sector employment grew by 22,000 jobs in the first month of the year, despite steep job losses in the professional and business services sector, payroll giant ADP reported Wednesday," The professional and business services sector, which includes accounting and tax…...

Accounting Today
accountingtoday.com > opinion > tax-strategy-proposed-regs-on-the-car-loan-interest-deduction

Tax Strategy: Proposed regs on the car loan interest deduction

Tax Strategy: Proposed regs on the car loan interest deduction1+ day, 1+ hour ago   (539+ words) On Dec. 31, 2025, the Internal Revenue Service issued Information Release 2025-129 promulgating proposed regulations on the new car loan interest deduction. The proposed regulations expand on Notice 2025-57, issued on Oct. 21, 2025. The deduction is to be claimed on Schedule 1-A of Form 1040. It…...

Accounting Today
accountingtoday.com > news > a-big-year-for-ai-in-accounting

A big year for AI in accounting

A big year for AI in accounting1+ day, 1+ hour ago   (642+ words) As talent shortages continue to challenge accounting firms, especially midsized and large ones, leaders are increasingly turning to automation and artificial intelligence to not only fill gaps but to expand capacity without growing headcount " something that is already having dramatic…...

Accounting Today
accountingtoday.com > news > irs-proposes-rules-for-clean-fuel-production-tax-credit

IRS proposes rules for clean fuel production tax credit

IRS proposes rules for clean fuel production tax credit1+ day, 20+ hour ago   (238+ words) The Internal Revenue Service and the Treasury Department released proposed regulations Tuesday on the clean fuel production credit under the One Big Beautiful Bill Act to help domestic producers of clean transportation fuels such as biodiesel. The clean fuel production…...