Author: Editor

Individuals and businesses in New Mexico affected by severe storms, flooding and landslides that began on June 23 now have until next Feb. 2 to file various federal individual and business returns and make tax payments.Following the disaster declaration issued by the Federal Emergency Management Agency, individuals and households residing or having a business in Chaves, Lincoln, Otero and Valencia Counties qualify for this relief. The current list of eligible localities is on the IRS Tax Relief in Disaster Situations page. Affected individuals and businesses have until Feb. 2, 2026, to file returns and pay any taxes that were originally due during this period.…

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CAS expert Kane Polakoff of Top 100 Firm CohnReznick digs deep into the current staff of client advisory services, and how this fast-growing service offering is rapidly evolving.Transcription: Transcripts are generated using a combination of speech recognition software and human transcribers, and may contain errors. Please check the corresponding audio for the authoritative record. Dan Hood (00:03):Welcome to On the Air with Accounting Today. I’m Dan Hood. CAS or client advisory services — or, to some people, client accounting services — whatever definition you give it, it continues its exponential growth across the accounting profession with firms of all sizes…

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As a growing number of the wealthiest U.S. colleges capitulate in their battles with the Trump administration, the strain from lost and frozen federal funding is putting pressure on the remaining holdouts to cut a deal. Universities targeted by Donald Trump’s crackdown on diversity programs and other policies he says show a liberal bias are essentially bleeding at the negotiating table after taking on debt, laying off hundreds of staff and slashing spending. As the fall semester approaches, they may be increasingly eager to ink accords that will stanch the flow.   Cornell and Northwestern, both of which announced steps to address major…

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A window display of actress Sydney Sweeney is seen on a window of an American Eagle store on August 01, 2025 in New York City. Michael M. Santiago | Getty ImagesShares of American Eagle surged more than 15% on Monday after President Donald Trump complimented the retailer’s marketing campaign with actress Sydney Sweeney.”Sydney Sweeney, a registered Republican, has the ‘HOTTEST’ ad out there. It’s for American Eagle, and the jeans are ‘flying off the shelves.’ Go get ’em Sydney!” Trump wrote on his social media site Truth Social not long after markets opened. Shortly after Trump’s post, shares of American Eagle…

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A worker performs quality checks on a Boeing Co. F/A-18 Super Hornet fighter aircraft at the Boeing Defense, Space & Security facility in St. Louis, Missouri, U.S., on Monday, July 24, 2018.Alex Flynn | Bloomberg | Getty ImagesSome 3,200 Boeing defense unit workers went on strike early Monday hours after turning down a contract offer with the company.Boeing offered 20% wage increase, a $5,000 ratification bonus and other improvements. Its latest offer, which the workers voted down Sunday, included wage increases for employees at the top of the pay scale, and improved retirement benefits, according to their union, the International…

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