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Latest News & Web Pages
Space X, Open AI valuations would mean they leapfrog Berkshire Hathaway on first day of trading
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…...
Tax Strategy: Post 2026 tax-filing season synopsis
28+ min ago (730+ words) The Internal Revenue Service characterizes the 2026 tax filing season as a success. However, for paper return filers, taxpayers sending a check with their tax return, or taxpayers requesting a check for their refund, the process was much slower. Acceptance and…...
Intuit to sunset Pro Advisor Program, launch new Pro Partner Accountants program
18+ hour, 25+ min ago (767+ words) Intuit announced that, early next year, its Pro Advisor Program will be replaced with a new Intuit Pro Partner Accountants program, touted as a next-generation global program for scaling and growth integrated with Intuit Accountant Suite. Compared to the individual-focused…...
Intuit to lay off 17% of workforce
18+ hour, 7+ min ago (213+ words) "These changes are a necessary evolution to reduce complexity and architect an organization that operates with the velocity required to fuel our growth engines. We are fundamentally re-engineering our operating model to increase accountability, accelerate decision making, and ensure our…...
Open AI takes the lead in AI IPO horse race: 'Getting to public markets first is very important"
23+ hour, 50+ min ago (460+ words) Reports that Open AI is set to confidentially file for an IPO as soon as Friday changed prediction market traders" outlook on which private AI giant will debut on the public markets first." Traders on Kalshi now see Open AI…...
Grant Thornton to add MCA Connect
21+ hour, 35+ min ago (309+ words) Grant Thornton Advisors will acquire MCA Connect, a consulting and technology firm that helps manufacturing and distribution companies modernize their operations with digital solutions. Based in Denver, MCA Connect is a Microsoft partner for manufacturing and distribution, and is a…...
Jan. 6 rioters who beat police may get payouts, Blanche says
1+ day, 1+ hour ago (643+ words) Acting Attorney General Todd Blanche wouldn't rule out the possibility that rioters who attacked police at the U. S. Capitol on Jan. 6, 2021, could receive payments from a new $1. 8 billion taxpayer fund being created by the Justice Department. "Anybody in this country is…...
Fintech firm Mercury hits $5. 2 billion valuation after funding round, up 49% in 14 months
1+ day, 4+ hour ago (620+ words) Mercury, a fintech firm that provides banking services to startups, has raised $200 million in funding at a $5. 2 billion valuation, CNBC has learned exclusively. That valuation is 49% higher than the San Francisco-based company's previous funding round just 14 months ago, bucking the…...
Trump IRS suit settlement questioned by judge as case closed
1+ day, 58+ min ago (672+ words) The judge who oversaw President Donald Trump's $10 billion lawsuit against the Internal Revenue Service questioned whether the government was being transparent about a settlement that could result in massive payouts to Trump allies. U. S. District Judge Kathleen Williams on Monday issued…...
Trump's IRS settlement includes dropping tax cases, audits
1+ day, 16+ hour ago (616+ words) President Donald Trump scored a major legal victory over the Internal Revenue Service on Tuesday as the agency he has long reviled was barred by the Justice Department from continuing any "known and unknown" probes into his tax returns. The…...