Julia Chirkova
- Accounting Industry News & Standards
- August 20, 2026
- 38 views
IRS Updates FAQs on Business Interest Expense Deduction Limitations
The Internal Revenue Service (IRS) has released updated Frequently Asked Questions (FAQs) regarding the limitations on the deduction for business interest expense, as detailed in Fact Sheet FS-2026-14, which revises…
- Accounting Industry News & Standards
- August 19, 2026
- 39 views
Carr, Riggs & Ingram Completes Two Strategic Acquisitions in Just Over a Week, Bolstering National Reach and Specialized Expertise
Carr, Riggs & Ingram (CRI), a prominent accounting firm ranked among the Top 25 nationally, has significantly expanded its service offerings and geographical footprint through the completion of two strategic…
- Accounting Industry News & Standards
- August 17, 2026
- 35 views
New York City Can Proceed with Luxury Second Home Tax Implementation Pending Court Review
New York City has received a significant, albeit temporary, reprieve in its ongoing legal battle over the controversial pied-à-terre tax. A state appeals court judge ruled on Thursday, allowing the…
- Accounting Industry News & Standards
- August 12, 2026
- 25 views
Silicon Valley’s Atherton Dethrones Florida’s Fisher Island as Nation’s Most Expensive Enclave
The affluent enclave of Atherton, California, nestled in the heart of Silicon Valley, has officially claimed the title of the nation’s most expensive ZIP code, according to recent reports. This…
- Accounting Industry News & Standards
- August 11, 2026
- 23 views
The Trust Deficit: Job Descriptions Are Creating a Chasm Between Employers and Employees
A comprehensive national survey of 1,000 U.S. workers, conducted by MyPerfectResume, a prominent resume-building service, has illuminated a significant and growing problem in the modern workforce: job descriptions are fostering…
- Accounting Industry News & Standards
- August 11, 2026
- 25 views
Staten Island Judge Halts Controversial Pied-à-Terre Tax Rollout Amid Lawsuit
A Staten Island judge has temporarily halted the Mamdani administration’s controversial rollout of the pied-à-terre surcharge, a tax targeting expensive second homes, in a significant legal development announced Monday. The…
- Accounting Industry News & Standards
- August 10, 2026
- 23 views
Tariff Refunds Ignite Debate Over Fairness and Accessibility for Small Businesses
Billions of dollars in tariff refunds are now being processed for importers following the U.S. Supreme Court’s decisive ruling earlier this year that deemed President Trump’s "Liberation Day" tariffs illegal.…
- Accounting Industry News & Standards
- August 9, 2026
- 37 views
The 2026 Employee Happiness Index Reveals Highest First-Half Morale Since 2023 Amidst Uneven Recovery
The latest 2026 Employee Happiness Index, commissioned annually by BambooHR, an HR software platform catering to small and mid-sized businesses, indicates a significant rebound in employee morale. For the first…
- Accounting Industry News & Standards
- August 8, 2026
- 27 views
The Vital Distinction: Preserving Essential Records While Minimizing Transient Data Residue in Accounting Firms
Accounting firms are under increasing scrutiny regarding data management and security, a trend amplified by evolving regulatory landscapes and the ever-present threat of cyber incidents. While the imperative to meticulously…
- Accounting Industry News & Standards
- August 8, 2026
- 37 views
The IRS Updates Guidance on Qualified Overtime Compensation Deduction
The Internal Revenue Service (IRS) has released updated frequently asked questions (FAQs) concerning the new deduction for qualified overtime compensation, a significant tax provision introduced by the One Big Beautiful…
