Finance leaders blindsided by hidden fees, price hikes in software
The vast majority of finance leaders have been surprised by the true price of their software, whether through hidden costs or sudden increases.
Education Dep’t to restart student loan collections
The U.S. Department of Education plans to resume collecting defaulted student loans on May 5 after a years-long pause that began with the pandemic.
In the blogs: Exciting yet tricky
Commissioner roulette; tax crimes and green cards; the trap of major projects; and other highlights from our favorite tax bloggers.
Atkins sworn in to chair SEC
Paul Atkins was sworn in as the new chair of the Securities and Exchange Commission and is expected to bring a more deregulatory and crypto-friendly approach.
Whistleblower Office looks to streamline claims
In its first multiyear operating plan, the IRS Whistleblower Office laid out its priorities.
PCAOB sanctions firm and partner for supervision, review violations
The Public Company Accounting Oversight Board sanctioned Adeptus Partners and its partner Howard Krant for violations related to supervision, review and quality control.
Americans hit pause on spending over financial worries
Some Americans are changing their financial behaviors and delaying purchases based on their feelings about their situation, according to a survey by the AICPA.
AI and PE add to apprehensions about career opportunities in accounting
How will artificial intelligence and private equity shape the work of young accountants?
Harvard intensifies funding fight with Trump administration
The university sued several U.S. agencies and top officials for freezing billions of dollars in federal funding and threatening its tax-exempt status.
Millionaire tax would generate about $400B in revenue
The Budget Lab at Yale projects that taxing income over $1 million at a 40% rate would generate $420 billion over a decade.