Boston residents face 28% tax hike as office values slump
If the Massachusetts legislature fails to sign off on a proposal to temporarily raise commercial rates before the end of next month, Mayor Michelle Wu said the city would need a tax increase.
Top taxpayer disputes with the IRS
Disagreements with the IRS, while business as usual for CPAs, can be terrifying to the taxpayer.
C-suite execs concerned about taxes post-election
A new survey by PwC of top corporate executives uncovered worries about tax policy after the election.
Finance leader confidence in gen AI goes from 85% no to 87% yes in a year
Confidence in generative AI has soared among financial operations and tax professionals, going from overwhelming negative to overwhelmingly positive in just one year.
Senators introduce bill to improve IRS customer service
Sen. Bill Cassidy, R-Louisiana, and Mark Warner, D-Virginia, introduced legislation supported by the AICPA that would create a dashboard to inform taxpayers of backlogs and wait times for their tax refunds.
Understanding 2025 tax policy risks as election approaches
In less than 30 days, Americans will elect the politicians who will set policy for the next two years in Congress and four years at the White House.
Buy-sell agreements and their tax considerations
An updated, funded buy-sell agreement can allow a surviving partner to maintain sole control of the business if one of the owners or partners were to die prematurely or become disabled.
Trump Jr. takes aim against Deloitte contracts
Donald Trump Jr. is threatening Deloitte’s lucrative contracts with the federal government because one of the firm’s executives reportedly leaked private conversations with JD Vance to the media.
Internal auditors less confident on AI versus other threats
A survey of internal audit and IT leaders found that while they identity AI as a growing technology risk, they have the least confidence in their ability to evaluate and handle its risks versus other technologies.
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