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Latest News & Web Pages
'Biggest bottleneck in the AI buildup' fuels DRAM ETF to record
2+ hour, 48+ min ago (317+ words) The Roundhill Memory ETF (DRAM) just hit $9. 8 billion in assets under management in 43 days" the fastest pace ever for an exchange-traded fund, according to TMX Vetta Fi. Ahead of Thursday's milestone, the CEO of Roundhill Investments told CNBC's "ETF Edge…...
New York plans tax on homes over $1 M purchased with cash
1+ hour, 26+ min ago (771+ words) New York lawmakers are planning a new tax on New York City homes purchased in cash for at least $1 million, according to people familiar with the state budget negotiations. The lawmakers are also considering expanding the tax to all-cash purchases…...
Newsom pitches software tax to raise billions in new revenue
1+ hour, 26+ min ago (774+ words) California Governor Gavin Newsom is proposing a new tax on cloud-based software sales, turning to the technology sector for billions of dollars in new revenue as the state's budget is being lifted by the artificial-intelligence boom. The proposal, unveiled Thursday…...
On the move: Eisner names a new cannabis leader
1+ hour, 26+ min ago (166+ words) Eisner Amper named a new partner-in-charge of its cannabis and hemp group; the Wisconsin Institute of CPAs elected a new chair; Weaver named a new head of its India operations; RSM announced a big slate of leadership appointments; and more…...
ITR Filing Begins: Excel Utilities Released For ITR-1 And ITR-4; Know Who Can File Return
14+ hour, 55+ min ago (313+ words) ITR Filing 2026: The income tax department has released Excel-based ITR utilities for the financial year 2025-26 (assessment year 2026-27). The excel utilities for ITR-1 and ITR-4 are now available on the income tax portal, allowing eligible taxpayers to begin filing their income…...
Six strategies for AI
18+ hour ago (282+ words) Artificial intelligence is forcing the accounting profession to evolve faster than ever before, and firm leaders aren't backing down from the challenge. When asked to describe their firms' strategies on AI, senior executives from Accounting Today's 2026 Top 100 Firms and Regional…...
Tax Fraud Blotter: Full of scrap
18+ hour ago (1375+ words) Grand Rapids, Michigan: James Phillip Scholten, 51, of Byron Center, Michigan, was sentenced to 20 months in federal prison for tax evasion. Additionally, Scholten was ordered to pay restitution to the IRS in the amount of $868, 707 and serve three years of supervised…...
Some short sellers are seeing opportunity in this tech mania. How they're spotting fake AI stocks
1+ day, 1+ hour ago (767+ words) Short sellers are increasingly hunting for cracks beneath the stock market's artificial-intelligence frenzy, betting that some of the speculative excesses, copycat "AI" branding and vulnerable legacy business models could eventually unravel. As billions of dollars flood into data centers, semiconductors…...
Long-stalled crypto market bill wins key Senate committee vote
21+ hour, 52+ min ago (306+ words) The Senate Banking Committee advanced a landmark digital asset market structure bill Thursday after months of negotiations, signaling fresh momentum for the long-stalled measure. The bipartisan committee vote will likely be cheered by the crypto industry, which has long sought…...
IRS creates significant issue ruling program
1+ day, 18+ hour ago (178+ words) The IRS cautioned that the "significant issue" needs to be a "germane and specific issue of law," and wouldn't merely be a "comfort ruling" to reassure corporate taxpayers or "the conclusion in such a ruling otherwise would not be essentially…...