Accounting
Baker Tilly calls off $3B debt deal
Baker Tilly has dropped plans for a roughly $3 billion leveraged loan that was intended to refinance private credit debt...
Thousands seek NYC pied-a-terre tax relief, City Hall says
Roughly 2,000 people have completed applications seeking an exemption from New York City's newly-implemented pied-à-terre tax, a spokesperson for the...
Private sector added 44K jobs in July as hiring slows
Private sector hiring grew by 44,000 jobs in July, while pay increased 4.4% year-over-year, payroll giant ADP reported Wednesday, as...
FASAB issues guidance on public-private partnerships
The Federal Accounting Standards Advisory Board released guidance Tuesday on implementing the disclosure requirements for public-private partnerships with the federal...
IRS improper payments on tax credits increased last year
The Internal Revenue Service's overall improper payment rate on tax breaks like the Earned Income Tax Credit increased from 21.9%...
Ascend firms expand in California, New York
Two Ascend platform firms, PP&Co and LMC, expanded in California and New York, respectively.Processing ContentSan Jose, California-based PP&Co acquired Ami...
Small business work hours grew in July
Growth in the number of weekly hours worked at small businesses hit its highest level in over five years last...
Your advisory practice doesn’t have a demand problem, but a who problem
A recent poll we conducted revealed that 80% of firms said their advisory services were more profitable than compliance, and...
Deutsche Bank sues ex-managers in $636M Monte Paschi spat
Deutsche Bank AG is seeking damages from four former senior employees who claim the lender wrongly blamed them for alleged...
Your October tax crunch is self-inflicted
Natasa Adzic/stock.adobe.com Every October, our profession performs the same ritual. We work nights, we apologize to our families, we tell...
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