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Latest News & Web Pages
Trump's global tariffs struck down by Supreme Court
4+ min ago (550+ words) The U.S. Supreme Court struck down President Donald Trump's sweeping global tariffs, undercutting his signature economic policy and delivering his biggest legal defeat since he returned to the White House. Voting 6-3, the court said Trump exceeded his authority by invoking a…...
Tech news: Xero announces online bill pay
56+ min ago (102+ words) Xero announces online bill pay; TaxRock announces 2.0 edition; MyCPE One launches comprehensive learning and development services; and other accounting tech news and updates. Ascend names first-ever COO and REDW first-ever CFO; Prager Metis promotes four to principal; and more news…...
On the move: EY names new Cincinnati office MP
1+ hour, 54+ min ago (100+ words) Ascend names first-ever COO and REDW first-ever CFO; Prager Metis promotes four to principal; and more news from across the profession." No-brainer; kicking back; up against the wall and other highlights of recent tax cases. Platform Accounting Group acquired Smeriglio…...
Supreme Court rules against Trump tariffs, preserving Congress's tax power
3+ hour, 17+ min ago (670+ words) The Supreme Court ruled Friday in a landmark 6-3 decision against President Trump's sweeping imposition of tariffs under emergency authority, with Chief Justice John Roberts citing Congress's authority to levy taxes and tariffs. The case involves Trump's use of the International…...
Income Tax Draft Rules 2026: Cash Withdrawal & Deposit Limits And PAN Rules Explained
16+ hour, 2+ min ago (376+ words) Income Tax Draft Rules 2026: In order to ease compliance norms, the income tax department has proposed to allow cash withdrawal and deposits of up to Rs 10 lakh in a financial year without the requirement of a Permanent Account Number (PAN)....
Tax Fraud Blotter: Get rich Quick
16+ hour, 11+ min ago (808+ words) Prior Lake, Minnesota: Caesar Munir Wilson has been indicted in federal court on allegations that he filed and conspired to file false tax returns seeking hundreds of millions of dollars in fraudulent refunds from the IRS. Wilson is charged with…...
Trump's power to sue US is challenged in $10B IRS case
19+ hour, 10+ min ago (1170+ words) President Donald Trump has been given a deadline of next week to respond to claims that his $10 billion lawsuit against the Internal Revenue Service poses a glaring conflict of interest, setting up an early flash point in the historic case....
6 common S corp election mistakes your clients should avoid
21+ hour, 28+ min ago (191+ words) If you have business clients considering changing their LLCs or C corporations from their entity's default tax treatment to S corporation election, now is a great time to remind them about the pitfalls to avoid when making that transition." This…...
Platform adds Connecticut firm
23+ hour, 59+ min ago (215+ words) Smeriglio is based in Greenwich, Connecticut, and services both Connecticut and New York clients across industries including architecture, retail, automotive, nonprofits and contractors. Its office has one partner and three staff members. "We are thrilled to join Platform at this…...
UHY acquires CMJ
1+ day, 47+ min ago (261+ words) UHY acquired CMJ, expanding the Top 50 Firm's presence in New York State and adding CMJ's specialties in construction and financial services." As part of the transaction, CMJ adds one office to UHY, its founders Paul Curtis and William Jeffreys will…...