Platform adds two California firms
The Platform Accounting Group added Wayne Long & Co. and Seghetti Waxler, based in Bakersfield and Santa Cruz, California, respectively.
In the blogs: Generally positive
Postmarks and donations; tuning up your comp system; please, Santa…; and other highlights from our favorite tax bloggers.
Survey opens for 2026 Top 100 Firms and Regional Leaders
Accounting Today is looking for firms that belong in its prestigious annual rankings of the biggest practices in the field.
Senate Dems question IRS’s readiness for tax season
Led by Elizabeth Warren, 17 senators sent a letter to Treasury Secretary Scott Bessent expressing their ‘serious concerns.’
IRS makes whistleblowing easier
The new Form 211, ‘Application for Award for Original Information,’ lets people report tax noncompliance digitally.
Michigan enacts budget legislation decoupling provisions from OBBBA
Michigan’s main incentive for decoupling was to increase state revenue, as Michigan heavily relies on state income taxes as its largest revenue source.
Treasury announces states’ housing credit carryovers
The carryovers range from some $2.4 million in California and some $1.9 million in Texas to $44,851 in Alaska and $39,297 in Vermont.
Leaders confident in data, but still find errors regularly
The vast majority of finance leaders feel confident about the quality of their own data, but this might be an overconfidence as a majority still regularly find errors in their own data.
House plan sets tax harbor for stablecoins, crypto staking
The draft, a mix of bill text and policy aims, would exempt transactions of regulated stablecoins that consistently maintain a value between $0.99 and $1.01 from capital gains.
WH Smith faces UK probe over accounting
The venerable U.K. retailer also cut its annual dividend after an accounting error in its North American business triggered a stock slump.