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Latest Articles
Sorren adds two Mid-Atlantic firms
37+ min ago (385+ words) Sorren acquired Alta CPA Group in Annapolis, Maryland, and Zinman & Company in Southampton, Pennsylvania, expanding the Top 50 Firm's Mid-Atlantic footprint. "Both Zinman & Company and Alta CPA Group have built exceptional reputations by delivering trusted guidance and personalized service," Josh Tyree,…...
The token has been transferred, but has the asset left the balance sheet?
54+ min ago (926+ words) A company transfers 100 bitcoin to another party. The blockchain leaves little doubt about what happened technically: 100 bitcoin have moved from one address to another. For the accountant, however, that is only where the analysis begins. Was the bitcoin sold, lent,…...
SEC Charges Multiple Entities in Fraud Schemes Totaling at Least $15 Million that Used WhatsApp and Other Platforms to Lure Investors
7+ hour, 37+ min ago (186+ words) Washington D.C., Sept. 29, 2026 — The Securities and Exchange Commission today charged multiple entities that are likely operated by individuals located overseas for defrauding hundreds of retail investors, including many in the U.S., through so-called investment confidence scams where the perpetrators sought to…...
Tax-slashing strategy popularized by largest hedge fund faces IRS crackdown
1+ hour, 42+ min ago (628+ words) A strategy popularized by AQR Capital Management, the world's largest hedge fund, to help wealthy people slash their taxes on ordinary income is facing the most concrete sign yet that U.S. authorities are preparing to clamp down. As part of an…...
IRS threatens crackdown on array of Wall Street tax dodges
2+ hour, 18+ min ago (604+ words) The U.S. Treasury Department took a big step toward curbing a Wall Street boom in investment strategies that help cut tax bills, with a notice signaling potential action on an array of tactics and a ruling that will limit the benefits…...
Trump’s municipal bond portfolio reaches as much as $1 billion as policy overlaps mount
7+ hour, 30+ min ago (1585+ words) President Donald Trump is a creditor to hundreds of cities, hospitals, schools, utilities and other public institutions across the country — many of which are directly affected by decisions made by his own administration. And that financial exposure is growing. Taken…...
Income Tax Audit, ITR Deadlines Extended For AY 2026-27: Check Revised Dates
18+ hour, 3+ min ago (404+ words) ITR Filing Last Date 2026: Taxpayers required to get their accounts audited under the Income-tax Act, 1961, have received additional time to complete their tax compliance for Assessment Year 2026-27. The Central Board of Direct Taxes (CBDT), on September 28, extended the deadline for…...
Woodard: Are you measuring the metric that matters?
20+ hour, 1+ min ago (611+ words) Successfully growing an accounting firm doesn't necessarily require more clients, according to industry thought leader Joe Woodard — just the right ones. "You can't have the right practice with the right people and the right service mix and the right technology…...
BGM enters Connecticut market
21+ hour, 4+ min ago (214+ words) The deal establishes BGM's presence in Connecticut and expands its footprint in New England. R. L. DePanfilis, founded in 1979, serves businesses, individuals, estates and trusts. Its partners David Gibbs and Kenneth Miller, along with their team, are joining BGM. In early September,…...
Frazier & Deeter expands in Southeast
21+ hour, 43+ min ago (183+ words) Frazier & Deeter acquired Machen McChesney and its sister company, FocusPay Solutions, expanding the Top 50 Firm's footprint in the Southeast. Frazier & Deeter, based in Atlanta, ranked No. 45 on Accounting Today's 2026 Top 100 Firms list. It reported $198.5 million in revenue, with roughly 100 partners…...