Survivors of the Devastating Eaton Fire Demand Audits of Utility Wildfire Prevention Spending

Survivors of the devastating Eaton fire, which ravaged communities in Altadena and resulted in 19 fatalities and the destruction of thousands of homes and structures, have urgently called upon California…

IRS Extends Tax Deadlines for Washington Residents Impacted by December 2025 Storms, Flooding, and Landslides

Washington residents grappling with the aftermath of severe storms, widespread flooding, and destructive landslides that struck in December 2025 now have a reprieve from the immediate pressures of Tax Day.…

Dallas Lawyer David Woodcock Appointed SEC Director of Enforcement

The U.S. Securities and Exchange Commission (SEC) has appointed Dallas attorney David Woodcock as its new Director of Enforcement, a pivotal role overseeing the agency’s federal civil corporate securities and…

The Strategic Crossroads: Accounting Firms Navigate the Complex Decision of Office Expansion

By Adam Taylor Accounting firms, inherently rooted in local, trust-driven markets, find that physical presence remains a critical component of client relationships and operational success. As these firms contemplate expanding…

Treasury Department and IRS Finalize Regulations on "No Tax on Tips" Provision

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have issued final regulations detailing the specific occupations eligible for the "no tax on tips" provision, a significant…

The Growing Scrutiny of Accounting Firms in Bank Secrecy Act and Anti-Money Laundering Compliance

Accounting firms are increasingly finding themselves under the microscope of banks and financial regulators, particularly concerning their roles in Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance. While these…

Sax Bolsters Management Consulting and Technology Capabilities with Acquisition of CoMetrics Partners

Top 75 accounting firm Sax has acquired CoMetrics Partners, a New York City-based specialized management consulting and technology firm serving consumer product companies, lenders, and investors, in a strategic move…

Xero and Anthropic Forge Strategic Partnership to Integrate Generative AI into Small Business Financial Management

Global small business platform Xero announced this week a significant multiyear partnership with artificial intelligence research and development company Anthropic. This groundbreaking collaboration will embed Anthropic’s advanced generative AI model,…

Extend Adds Support for Sage Intacct, Xero, and Microsoft Dynamics 365 Business Central

Extend, a leading AI-powered spend and expense management platform, has significantly broadened its service offering for banks and their business clientele with the introduction of new, robust support for Sage…

Mayor Mamdani Signals Retreat from Threatened Property Tax Hike Amidst Broad Opposition

STATEN ISLAND, N.Y. – Mayor Zohran Mamdani has reportedly informed city and state lawmakers that he is "highly unlikely" to proceed with a proposed property tax increase, a significant pivot…