Art of Accounting: ISGTSIO
“I’m so glad tax season is over!” is a phrase often heard from accountants. Why would anyone would say this?
Trump officials weigh tax move against green groups
White House officials are preparing executive orders that would strip some environmental nonprofits of their tax-exempt status.
Treasury’s cash pile hits four-year high
Tax collections are confirming Wall Street forecasts that the U.S. government will not exhaust its borrowing capacity until later this year.
Atlanta Braves face $19M tax-hike battle
The country’s only public Major League Baseball team is facing off against the Tax Code in a lonely battle over player pay that threatens to cost it millions.
Bessent replaces acting IRS commissioner in Musk power struggle
Treasury Secretary Scott Bessent appointed his deputy, Michael Faulkender, to lead the IRS, after Gary Shapley had been installed without Bessent’s knowledge.
The evolution of accounting marketing
AAM Hall of Famers August Aquila and Kristen Lewis examine the rise of marketing as a professional function in accounting firm — and look ahead to where it’s going.
Acting IRS commissioner replaced by Treasury official
Gary Shapley, who was named only days ago as acting commissioner, is reportedly being replaced by Deputy Treasury Secretary Michael Faulkender.
Tech news: Certinia announces spring release
Certinia announces spring release; Intuit acquires tech and experts from fintech Deserve; Paystand launches feature to navigate tariffs; and other accounting tech news and updates.
On the move: EY names San Antonio office MP
Carr, Riggs & Ingram appoints CFO and chief legal officer; TSCPA hosts accounting bootcamp; and more news from across the profession.
IRS proposes to end crackdown on basis-shifting transactions
The Treasury and IRS plan to withdraw regulations that labeled basis-shifting transactions among partnerships and related parties as “transactions of interest.”