The new standard marks the 11th accounting standards update issued by the FASB this year, up from four for the full 2024 and the highest annual output since 2020.

Longtime CFO Marc Hamburg’s departure comes as Berkshire preps for Warren Buffett to step down as its CEO at the end of the year.

Commercial pricing for Microsoft’s flagship subscriptions will rise 16% on average starting in July 2026 as the catalog of AI tools expands, the company said Thursday.

Why did you build your career around employee stock ownership plans (ESOPs)? I spent several years in private equity before transitioning to ESOP investment banking. What drew me to employee ownership was the opportunity to make sophisticated corporate finance tools typically reserved for institutional buyers accessible to closely held businesses. We combine tax strategy, access […] The post IPA Profile: Michael Bannon, Managing Director, CSG Partners appeared first on Inside Public Accounting.

Why did you build your career around employee stock ownership plans (ESOPs)? I spent several years in private equity before transitioning to ESOP investment banking. What drew me to employee ownership was the opportunity to make sophisticated corporate finance tools typically reserved for institutional buyers accessible to closely held businesses. We combine tax strategy, access […] The post IPA Profile: Michael Bannon, Managing Director, CSG Partners appeared first on Inside Public Accounting.

Serve Robotics’ sidewalk delivery robots are now delivering restaurant orders in Fort Lauderdale, Florida, in collaboration with Uber Eats. The robots join those already in operation in Miami, Los Angeles, Chicago, Dallas-Fort Worth and Atlanta, Serve Robotics said in a Friday (Dec. 5) press release. The company expects to have 2,000 delivery robots operating […] The post Serve and Uber Eats Extend Sidewalk Delivery Robot Service to Fort Lauderdale appeared first on PYMNTS.com.

New IRS guidance establishes transition rules for CFC dividends, bifurcates PTEP into pre- and post-June 2025 categories for foreign tax credit purposes, and excludes certain property sales from deduction eligible income under OBBBA.

Eleven steps that will help them help you. By Ed Mendlowitz Tax Season Opportunity Guide Go PRO for members-only access to more Edward Mendlowitz.

Seven services you can offer. By Domenick J. Esposito 8 Steps to Great Go PRO for members-only access to more Dom Esposito.

Parsippany, N.J.-based IPA 100 firm SAX LLP (FY24 net revenue of $110.89 million) has announced that SCL Consulting, a Maryland-based financial consulting firm, has joined SAX effective November 14, 2025. The deal strengthens one of SAX’s fastest-growing practice areas—client accounting services (CAS)—and expands the firm’s Mid-Atlantic presence.  Founded in 2014 by Shane Lease, SCL Consulting specializes in CAS and advisory […] The post SAX Acquires SCL Consulting, Expands Client Accounting Services Practice appeared first on Inside Public Accounting.

Albuquerque-based IPA 100 firm REDW Advisors & CPAs (FY24 net revenue of $65.04 million) has promoted Kimberly Mathews to principal in its tax services practice. Mathews, who is based in the firm’s Pacific Northwest office, will guide tax strategy, advance client service initiatives and support the continued growth of REDW’s national tax practice.  Mathews brings nearly 25 years of experience to the role. […] The post REDW Advisors & CPAs Promotes Kimberly Mathews to Principal in Tax Practice appeared first on Inside Public Accounting.

Albuquerque-based IPA 100 firm REDW Advisors & CPAs (FY24 net revenue of $65.04 million) has promoted Kimberly Mathews to principal in its tax services practice. Mathews, who is based in the firm’s Pacific Northwest office, will guide tax strategy, advance client service initiatives and support the continued growth of REDW’s national tax practice.  Mathews brings nearly 25 years of experience to the role. […] The post REDW Advisors & CPAs Promotes Kimberly Mathews to Principal in Tax Practice appeared first on Inside Public Accounting.

Italian robotics firm Generative Bionics has raised $81 million in new funding. The new funding round was one of the largest ever in Europe in the “humanoid robotics deep tech space,” Generative Bionics said in a Monday (Dec. 8) announcement. “Our mission is to build a future where intelligent humanoid robots collaborate daily with people, amplifying human […] The post Tether Backs $81 Million Humanoid Robotics Project in Italy appeared first on PYMNTS.com.

Robert Fantasiza, his wife Cheryl and their two sons, one of whom is believed to be incarcerated, are all named in the lawsuit.

Marc Hamburg has been finance chief at the giant holding company throughout many prominent acquisitions, including its purchase of Geico and BNSF Railway.

Tariff jitters remain, but pent-up demand, rising stocks and stable interest rates are driving prospective buyers to pull the trigger on deals.

Understand the legal tax hack the IRS actually wants you to use. The Concierge CPA With Jackie Meyer For CPA Trendlines Go PRO for members-only access to more Jackie Meyer.

By CPA Trendlines Research You want to hit the busy season running, not getting organized. The holiday season provides an excellent slow-time opportunity for tax offices to get ahead on tax season preparations. MORE Listicles here Exclusively for PRO Members. … Continued Go PRO for members-only access to more CPA Trendlines Research.

Your Guide to Tax Technology Meets Transformation Planning, Research, and the Rise of Intelligent Automation Artificial intelligence is moving beyond the testing phase. It’s now powering the everyday workflows of tax professionals. Tech providers are racing to integrate AI. And … Continued Go PRO for members-only access to more CPA Trendlines Research.

We need more revenue per person, and private equity alone won't solve that. By Michelle Golden River The Rosenberg Survey Go PRO for members-only access to more Michelle Golden.

Fourteen provisions to include. By Marc Rosenberg CPA Firm Mergers: Your Complete Guide Go PRO for members-only access to more Marc Rosenberg.

Perception, even your own, is reality. By Martin Bissett  Business Development on a Budget Go PRO for members-only access to more Martin Bissett.

Payments FinTech Airwallex has been valued at $8 billion after raising $330 million. The new funding, announced Monday (Dec. 8), will help finance the company’s ongoing growth in the U.S. and fuel expanded artificial intelligence (AI) hiring and product development. Airwallex, based in Australia, says it has opened a second worldwide headquarters in San […] The post Airwallex Eyes ‘Borderless’ Banking as Valuation Hits $8 Billion appeared first on PYMNTS.com.

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