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IRS recognizes National Whistleblower Day with $8 billion recovered since 2007

The Internal Revenue Service today highlighted the upcoming National Whistleblower Day, and the important role whistleblowers play in exposing fraud, reducing the tax gap, and strengthening compliance.

IRS simplifies penalty relief, introduces automatic process for eligible taxpayers

The Internal Revenue Service today announced a new automatic process to provide penalty relief for taxpayers with a history of filing and paying on time, reducing the need for them to request assistance.

Treasury, IRS issue final regulations naming certain charitable remainder annuity trust transactions as listed transactions

The Department of the Treasury and the Internal Revenue Service today issued final regulations identifying certain arrangements purporting to be Charitable Remainder Annuity Trusts as listed transactions.

IRS, Security Summit launch summer series to help tax pros protect clients from identity theft

The IRS and Security Summit partners today launched the summer “Protect Your Clients; Protect Yourself” campaign, a five-week series highlighting practical steps tax professionals can take to protect client data, their businesses, and themselves from evolving tax-related identity theft threats.

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IRS warns crypto holders about fake compliance portal scam

The IRS said fraudsters are mailing letters that direct digital asset holders to a bogus “Digital Asset Compliance Portal” that mimics IRS.gov to collect personal information.

Senate Finance Committee advances tax bill backed by AICPA

The Senate Finance Committee approved the Taxpayer Assistance and Service Act, legislation backed by the AICPA that would modernize IRS operations, expand taxpayer services, and give the IRS authority to deny, revoke, or suspend preparer tax identification numbers.

A new top 5 firm: Grant Thornton acquiring fellow top 10 firm CBIZ

The deal, which includes an investment by private-equity company New Mountain Capital, will create a footprint featuring 34,000-plus employees in more than 20 countries and territories.

FinCEN director expects final BOI reporting rule soon

The director of the Financial Crimes Enforcement Network told a congressional subcommittee that she’s “very optimistic” that the final rule will be issued before the end of the year.

As AI use in cybersecurity rises, so do the risks

The share of respondents actively using AI in cybersecurity strategy rose sharply in a global survey, but governance is not maturing at the same pace as deployment.

PCAOB seeks feedback on its 5-year strategic plan

The board that oversees audits of public companies proposed six goals in a draft of its 2026–2030 strategic plan.

Are finance leaders moving too fast on agentic AI?

While more than 9 in 10 senior finance leaders in a recent survey said they’re under career pressure to demonstrate a return on agentic AI investment, the ROI may be slowed by an emphasis on speed above all.

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Mamdani Offers 50 Ways to Aid Small Business, From Barbershops to Bingo

As a mayoral candidate, Zohran Mamdani focused on the difficulties of running a small business in New York City, coining the term “halalflation” in a viral video.By Claire Fahy

Big Losses for Small Businesses in the ‘Frozen Zone’

Restaurants near the buckling building in Midtown faced spoiled food and furloughs after being forced to shut down for weeks.By Christina Caron

Tossed Tuna and Furloughed Workers: Midtown’s ‘Frozen Zone’ Scrapes By

For nearly three weeks, restaurants and other small businesses in the shadow of the former Pfizer building were shut when the tower began to buckle.By Sarah Maslin Nir

When a World Cup Team Needs a Trim, the Barbershop Comes to Them

Maram Hammadi, who grew up playing on dirt fields in Iraq before opening a barbershop outside Seattle, heard Egypt needed a barber. He cleared his books.By Remy Tumin

Hong Kong Police Raid Independent Bookstores and Arrest 5 People

Other booksellers have been detained in recent months as part of a broad national security crackdown.By Alexandra Stevenson

How a Family of 5 Lives on $46,000 a Year in Wakefield

After a career spent working primarily as a teacher’s assistant, Glennys Torres and her family took a risk starting a new business.By Wesley Parnell

Can the World’s Largest Stadium Explain the Global Economy?

High growth rates and surging exports in Vietnam mask deep frustrations in one of Asia’s most ambitious countries.By Damien Cave and Linh Pham

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Inside The High Stakes Capital Stack Behind Modern Data Centers

I have seen how successful data center projects are built​.,

Outdated And Incomplete Data Drive Most AI Hallucinations

Hallucination gets treated as a flaw in AI reasoning. In my experience, it is usually a flaw in what the data collection layer can reach. ,

How Disconnected Workflows Destroy Your AI ROI

Companies often struggle to see a return on AI because they don’t connect the tools with how their teams actually work together. ​,

5 Things Successful People Quit That Everyone Else Is Proud Of

Your not to do list is more important than your to do list, and you have never written one. Here are 5 things successful people quit that everyone else brags about.,

Your E-Commerce Storefront May Look Perfect, But AI Likely Can't Read It

Three moves matter and they have an order: Open the front door, fix the entity layer and treat your legibility as a metric.,

How To Know When Your Core Values Are Backwards And Fix Them

Every company already has core values. The only question is whether they were intentionally designed or accidentally formed through repeated behavior.,

The Zero-Based Company: How To Reset For The AI Era

The companies that win the next decade are unlikely to be the ones that ran the leanest version of the old structure.,

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For those with criminal records, AI is breaking down barriers to employment

Tens of millions of Americans have criminal records that can be barriers to employment. An AI-powered app is helping those eligible to expunge their records at a pace not seen before.

Who is a music industry plant? And does it matter?

Musicians from the Rolling Stones to up-and-coming pop star Bella Kay have one thing in common: Influencers are being paid to promote their songs.

Capital One says it closed Trump Organization accounts over money-laundering concerns

The bank is asking a judge to permanently dismiss a lawsuit from Trump-affiliated businesses, arguing a monthslong internal review — not the Jan. 6 riot — explains why hundreds of accounts were shut down in 2021.

Why did OpenAI's and Anthropic's AI models hack other companies?

OpenAI and Anthropic say their models broke into other companies' systems during testing, raising security concerns amid a heated debate over how to regulate AI.

For sale: early access to Trump's Truth Social posts

The president's media company is offering investors early access to his Truth Social feed for up to $100,000 a month. Experts say the service may violate insider trading laws.

FIFA scraps controversial deal to sell stakes in World Cup to private investors

FIFA abandoned a plan to create a commercial venture and then sell stakes to minority investors, just days after unveiling it. The plan drew sharp condemnation — and a boycott from European nations.

What makes a toy go viral

Squishy, slimy, fidgety toys are having a moment. But it’s more than just an anxiety-soothing, social-media fueled trend – these toys are reshaping how toys get made.