Latest Articles

  • Microsoft Joins $1 Trillion Club

    By:
    Chris Gaetano
    |
    Apr 25, 2019
    Microsoft, which likely has produced at least one product you use regularly, has become the third company to be worth more than $1 trillion. 
  • With TCJA Compliance So Complex, Firms Turn to AI

    By:
    Chris Gaetano
    |
    Apr 25, 2019
    A recent survey by Ernst & Young has found that the vast majority of tax professionals are turning to artificial intelligence software to help companies comply with the Tax Cuts and Jobs Act. 
  • Study: 63 Percent of Parents Say They Sacrificed Own Financial Security to Help Adult Children

    By:
    Chris Gaetano
    |
    Apr 24, 2019
    A recently released study has found that the vast majority of parents have given at least some financial support to their adult children, and for many it has come at the expense of their own financial security. 
  • Goldman Sachs First Bank to Release Report Using SASB Standards

    By:
    Chris Gaetano
    |
    Apr 24, 2019
    Goldman Sachs became the first bank to issue a sustainability report using the standards of the Sustainability Accounting Standards Board. 
  • CBO Anticipates Significant Growth Slowdown for 2019

    By:
    Chris Gaetano
    |
    Apr 23, 2019
    The Congressional Budget Office, in its 2019 Budget and Economic Outlook, expects that the 3.1 percent growth the country saw in 2018 will slow to 2.3 percent, with further reductions expected over the following few years. 
  • Just Because You're a Private Company, Don't Think the SEC Isn't Watching

    By:
    Chris Gaetano
    |
    Apr 23, 2019
    While the Securities and Exchange Commission is most associated with publicly traded companies, recent enforcement actions indicate that the agency is increasingly interested in the affairs of private companies as well. 
  • Regulatory Roundup: April 16-22

    By:
    Chris Gaetano
    |
    Apr 22, 2019
    With so many regulators out there, it can be tough to keep track of all the decisions being made. This is the NYSSCPA’s regular series that collects relevant regulatory announcements from the past week, and puts them in one place to help you stay on top of the issues. 
  • Number of Senior Citizens Still Working Has Doubled Since 1985

    By:
    Chris Gaetano
    |
    Apr 22, 2019
    During the past three and a half decades, the number of people over the age of 65 who continue working has doubled, mostly because they cannot afford to retire. 
  • TIGTA Says New Form 1040 Stressed IRS Capacity

    By:
    Chris Gaetano
    |
    Apr 22, 2019
    In a report issued last week, the Treasury Inspector General for Tax Administration said that the introduction of the new Form 1040, on top of all the other things that the IRS had to do to implement the Tax Cuts and Jobs Act, created a great deal of additional work for the agency at its busiest time of the year. 
  • FAF Names New FASB Member, Two New Foundation Members

    By:
    Chris Gaetano
    |
    Apr 19, 2019
    The Financial Accounting Foundation, which oversees the Financial Accounting Standards Board (FASB) and Governmental Accounting Standards Board (GASB), announced two new members of the foundation's board, as well as a new member of the FASB.