DAILY BRIEFING

By Erik Wasson and Jack Fitzpatrick       4 min read

The economic package would raise $2.1 trillion in revenue through measures including tax increases on corporations and the wealthy. View story →

By Erik Wasson and Laura Litvan       5 min read

The specific tax hikes remain to be detailed, as does any move to suspend or expand a $10,000 SALT cap. View story →

By Katharine Gemmell       2 min read

The U.K.’s accounting watchdog has imposed sanctions against Grant Thornton Ltd., and a partner at the business, for its role in the alleged accounting fraud at the Patisserie Valerie bakery chain.  View story →

By Greg Farrell and Patricia Hurtado       2 min read

New York City prosecutors investigating Donald Trump said they’ve amassed millions of records from his accounting firm and from a range of banks and real estate companies that did business with the Trump Organization. View story →

By Ranica Arrowsmith       2 min read

Organizations can buy and sell their recurring revenue streams to raise capital. Read story →

By Michael Cohn       3 min read

Financial professionals are confronting some big obstacles when it comes to environmental, social and governance reporting, according to a new survey, including competing and sometimes conflicting disclosure frameworks, reporting methodologies and stakeholder demands. Read story →

By Danielle Lee      

EY names new Americas vice chair of talent; Katz, Sapper & Miller launches government consulting practice; and more CPA news.  Read story →

By Michael Cohn       6 min read

Tifphani White-King has charted an unusual career path, starting with aspirations of dancing and then becoming one of the first Black female tax partners at a major accounting firm. Read story →

By Dom Esposito, Tony Zecca       5 min read

Accounting Today mourns the loss of our longtime columnist Dom Esposito. In this column, he and consultant Tony Zecca write about the trend of private equity firms investing in CPA firms. Read story →