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Latest Articles
Your clients' data belongs to your clients
3+ hour, 42+ min ago (573+ words) Every accountant knows the first principle of the profession, even if it's rarely stated out loud: We work in service of the business owner. The financials we prepare and the insights we deliver exist to help someone else's business succeed....
ITR Filing 2026: ITR-3 and ITR-4 Dos and Don'ts Before August 31 Deadline
11+ hour, 27+ min ago (1346+ words) With the August 31, 2026, deadline for filing income tax returns for non-audit business and professional taxpayers approaching, taxpayers using ITR-3 and ITR-4 should ensure that their income, deductions, tax payments and other details are correctly reported before submitting the return. The…...
SEC Charges Former Executives With Fraud in Connection With $1.9 Billion Collapse of Subprime Auto Lender Tricolor
1+ day, 49+ min ago (385+ words) The Securities and Exchange Commission today charged Daniel Chu, Jerome Kollar, and Ameryn Seibold, the former CEO, CFO, and Senior Director of Finance, respectively, at Texas-based Tricolor Holdings, LLC, for their roles in an alleged multi-year scheme… Official websites use....
Filling the Regulatory Tank: Regulation Crypto Assets Proposing Release
1+ day, 2+ hour ago (550+ words) Commissioner Hester M. Peirce Official websites use.gov Secure.gov websites use HTTPS More in this Section Filling the Regulatory Tank: Regulation Crypto Assets Proposing Release In 2020, I spoke about my encounter on a stormy New Jersey night and an empty…...
Statement on Regulation Crypto Assets: Fit-for-purpose Exemptions for Crypto Market Innovation
1+ day, 2+ hour ago (315+ words) Today, the Commission continues its work to restore American leadership in capital formation by developing tailored, fit-for-purpose rules that are designed to support innovation in crypto asset markets. Today, we are charting a new course with a package of exemptions…...
Statement on Regulation Crypto Assets
1+ day, 2+ hour ago (460+ words) Commissioner Mark T. Uyeda Official websites use.gov Secure.gov websites use HTTPS More in this Section Statement on Regulation Crypto Assets Today, the Commission proposes Regulation Crypto Assets, which would create a specific offering framework for certain investment contracts involving…...
SEC Proposes New Regulation Crypto Assets
1+ day, 3+ hour ago (498+ words) The Securities and Exchange Commission today announced that it proposed new rules, titled “Regulation Crypto Assets,” that would create a clear and fit-for-purpose framework for certain investment contracts involving crypto assets. This proposal follows… Official websites use.gov Secure.gov…...
Statement on Commencement of Appointment Process for Public Company Accounting Oversight Board Seat
1+ day, 2+ hour ago (330+ words) Paul S. Atkins, Chairman Official websites use.gov Secure.gov websites use HTTPS More in this Section Statement on Commencement of Appointment Process for Public Company Accounting Oversight Board Seat On behalf of the Securities and Exchange Commission (the “SEC”), I…...
Treasury proposes GENIUS Act rules on who can sell stablecoin
1+ day, 20+ hour ago (333+ words) The Treasury Department issued a notice of proposed rulemaking Monday on implementing a section of the GENIUS Act, a law passed last year that sets up a regulatory framework for stablecoins, a form of digital assets pegged to a fiat…...
Check your tech stack for AI training leaks
1+ day, 21+ hour ago (1253+ words) "If you go and read their terms, they're not exactly favorable. Some of the terms have been like that for several years," he said. While there is great variation between how vendors word their respective policies, however, there are certain…...