White House proposes to get rid of 60 accounting requirements for contractors
The White House is proposing to eliminate dozens of accounting requirements for federal contractors it considers “unnecessary and redundant.”
Hurricane Katrina: An accountant looks back
When people think of the public accounting profession, they often don’t realize that what we do can have a monumental impact on people’s lives.
Open for small business: Introducing a new podcast that goes behind the scenes with Aotearoa’s small business owners
Open for Small Business is Xero’s new podcast that spotlights and celebrates the resilience, innovation and impact of small business owners across Aotearoa New Zealand. Hosted by Bridget Snelling, Xero Country Manager – New Zealand, the podcast dives into the real stories behind the mahi, from breakthrough moments to hard-earned lessons. Each fortnightly episode features …
In the blogs: Heading into fall
Reducing K-1 penalties; another use for property taxes; 183 isn’t always added up the same; and other highlights from our favorite tax bloggers.
Access the new Investment Boost via Xero
Did you hear about the New Zealand government’s new tax deduction? It’s called Investment Boost, and it’s been introduced to help your business grow with earlier deductions when you buy new assets. The 2025 New Zealand Budget delivered on 22 May introduced a new tax deduction for all businesses: 20% of the cost of new …
Deloitte US asks India staff to return to office two days a week
The new rule becomes effective starting Oct. 1 for employees at the firm’s seven offices that help clients or provide back-office support across the country.
Democrats protest corporate AMT loopholes
A group of mostly Democratic lawmakers sent a letter to Treasury Secretary Scott Bessent criticizing recent moves to ease the corporate alternative minimum tax for large corporations in two recent notices.
How AI is exposing the cracks in professional development
The fourth industrial revolution isn’t just changing what accounting and finance professionals do — it’s revealing how fundamentally broken professional development has become.
SEC gets chief for unit overseeing IPOs, corporate disclosures
James Moloney, a partner at the law firm Gibson, Dunn & Crutcher, will head the SEC’s division of corporation finance starting next month.
Five firms merge to create national accounting ‘powerhouse’
A group of accounting and advisory firms is joining forces under the Richey May brand to create a national footprint and rank among the top 50 in the U.S.