Grant Thornton adds GT Brazil
The Top 10 Firm agreed to add Grant Thornton Brazil to its multinational platform, extending its reach into Latin America.
Senate Democrats warn of ‘tax bomb’ for student loan borrowers
Borrowers who receive discharges of their student debt under the Income-Driven Repayment program could be facing tax bills as high as $10,000 next year.
Hiring new graduates is essential … and risky
Firms want candidates to have critical reasoning skills and not just be “robots” who follow processes and procedures blindly without questioning or interpretation.
China targets tax dodges by sellers on Amazon, e-commerce sites
Chinese tax authorities ordered e-commerce giants to hand over sales data for the first time, in a rare move to crack down on tax evasion.
FASB updates accounting for purchased loans as it faces funding threat
The Financial Accounting Standards Board aims to improving the accounting for purchased loans as it confronts a potential threat from House Republicans.
Teachers don’t usually itemize — OBBBA could bring savings if they do
The higher standard deduction since 2017 has dramatically reduced itemization. But the new law provides incentive for teachers to consider whether that’s feasible.
CBIZ releases tax planning guide
CBIZ has released its 2026 Tax Planning Guide, offering a resource to help businesses and individuals navigate the One Big Beautiful Bill Act.
M&A roundup: Crete and Mercer expand
Crete Professionals Alliance added Acuity; and Mercer Advisors acquired Beach Freeman Lim & Cleland.
Auditors confront era of ‘hypervolatility’
A new report finds internal audit professionals adjusting to flat and shrinking budgets and the encroachments of artificial intelligence.
IRS allows staking of crypto assets in trusts
The Internal Revenue Service has provided a safe harbor for certain trusts enabling them to stake their digital assets without jeopardizing their tax status.