Proposed Regulations Clarify Investment Parameters for New "Trump Accounts" Aimed at Early Childhood Wealth Building

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have unveiled proposed regulations detailing eligible investments for "Trump Accounts," a novel savings vehicle established by the One…

BST & Co. CPAs and Gallagher, Flynn & Co. Merge to Form BST Gallagher Flynn

Latham, NY- and South Burlington, VT-based accounting and advisory firms BST & Co. CPAs and Gallagher, Flynn & Co. have officially combined, announcing the formation of a new entity named…

Aprio Ventures Launches Strategic Investment Program to Accelerate Innovation in Accounting and Advisory Services

Top 25 accounting firm Aprio announced Tuesday the establishment of Aprio Ventures, a new strategic investment program designed to foster connections with emerging technology companies and enhance the firm’s service…

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…

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…

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…

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…

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…

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…

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.…