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Accountant Guides
Surviving the Financial Fallout of Divorce
Divorce can be a tumultuous and emotionally draining experience, but it doesn’t have to be financially devastating. Before the Divorce is Final **Determine How You’ll Cover the Cost of the Divorce**:** You may need to tap into your income stream and savings accounts, or even explore alternative options, such as borrowing from your retirement plan, […]
The Evolving Role of CPAs in a New Era of Liability and Risk
The accounting profession has undergone significant changes in recent years, with firms increasingly offering a wide range of services beyond traditional accounting and bookkeeping. This shift has led to a rise in liability and risk, as accounting firms venture into new territories, such as investment consulting, offshore outsourcing, and insurance sales. As a result, CPAs […]
TDS Rates for FY 2025-26: A Comprehensive Guide
Tax Deducted at Source (TDS) is a vital mechanism for ensuring tax collection at the source of income. For the Financial Year 2025-26 (Assessment Year 2026-27), the applicable TDS rates have been revised, and it is essential to understand these changes to comply with tax regulations. Classification of TDS India’s TDS can be classified into […]
Can a Market Drop Be the Key to Renouncing US Citizenship Without the Exit Tax?
The U.S. tax law regarding expatriation is quite complex. It has several tests that a person must meet to be considered a “covered expatriate” and subject to the US exit tax. One of the tests is having a net worth of $2 million or more. However, this test has recently been affected by market volatility. […]
The Accounting Industry at a Crossroads
The accounting industry is at a critical juncture, facing a significant talent gap that threatens to undermine the profession as we know it. According to recent reports, there are 340,000 fewer accountants in the workforce compared to 2019. This decline has far-reaching consequences, impacting not only accounting firms and businesses but also the economy as […]
The Future of Tax and Finance: Navigating Uncertainty and Change
Tax and finance executives around the world are facing an uncertain future, with the prospect of increased tariffs and the need for greater transparency. A recent survey by Deloitte has revealed that 82% of respondents expect increased public tax disclosures over the next two to three years, while 81% believe that national-level transparency laws are […]
ITR Filing : 5 major income tax provisions taxpayers need to know in 2025
**Tax Filing Made Easy with New Online Portal** Taxpayers will soon be able to file their returns for the recently concluded financial year through the official Income Tax Department website. It is mandatory to choose between the old and new tax regime while filing the online form — with specific exemptions and deductions available for […]
Capstone Accounting and Tax Expands with Private Equity Investment and Strategic Partnerships
Capstone Accounting and Tax, a Bend, OR-based accounting firm, has recently secured a private equity investment from Seaside Equity Partners, a San Diego-based firm. This investment will provide the necessary financial and strategic support for the firm to accelerate its long-term growth and expand its market presence through strategic partnerships and mergers and acquisitions. Financial […]
California’s Landmark Climate Disclosure Laws: A New Era of Corporate Climate Accountability
California has made significant strides in its efforts to tackle climate change by enacting two landmark climate disclosure laws that require thousands of large public and private companies to report their greenhouse gas (GHG) emissions and publicly disclose climate-related financial risks. These laws, known as the Climate Corporate Data Accountability Act (SB 253) and the […]
The Rise of NRI Investments in India’s Mutual Funds
Towards a Brighter Financial Future With India being perceived as the fastest-growing major economy in the world, it has become a promising destination for investments. The country’s growing economy, coupled with the increasing wealth creation opportunities, is attracting a significant number of Non-Resident Indians (NRIs) to invest their savings in the country. As NRIs look […]
Tax Season Mistakes You Can Avoid
Tax season is over, and millions of Americans are breathing a sigh of relief now that the April 15 deadline has passed. But what if you thought you received a big refund and were celebrating, only to realize that you might have missed out on a few dollars? According to tax experts, there are several […]
Ken Olson Joins CRB as Chief Financial Officer
Ken Olson, a seasoned finance executive with over 30 years of experience in global financial management, risk oversight, and treasury operations, has been appointed as the Chief Financial Officer (CFO) at CRB, a leading provider of sustainable engineering, architecture, construction, and consulting solutions to the life sciences and food and beverage industries. Expertise in Global […]