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2026-02-16T15:37:01.222Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. A Zillow analysis forecasts 20 out of the 50 largest metros will become more affordable in 2026. The Midwest has the most entries and remains a firm candidate for most affordable region in the US. Home prices are staying firm, but a drop in mortgage rates will give buyers…
Halfpricesoft, an accounting and payroll solutions provider, announced the latest version of its ezW2Correction software, which is intended to assist with file corrections for years 2015 to 2025 tax forms at one flat rate.Processing ContentThe new version, among other things, now allows clients to import correction data directly from a CSV file or from an existing e-file document, significantly reducing manual entry and processing time. Meanwhile, it also now features a new efile direct service add-on service, which will be needed if 10 or more returns will be processed. The new version can also print SSA-approved W-2C (copy 1, 2,…
The American Institute of CPAs is asking the Treasury Department and the Internal Revenue Service to simplify the “determine and document” requirement for taxes charged to controlled foreign corporations.Processing ContentIn a letter earlier this month, the AICPA sent recommendations in response to Notice 2025-75, Transition Rule for Applying Section 951(a)(2)(B), one of the four international tax notices released in the wake of the One Big Beautiful Bill Act. The transition rule modifies the application of Section 951(a)(2)(B) for certain taxable years of foreign corporations beginning before Jan. 1, 2026.The letter points out that U.S. taxpayers could face significant practical challenges…
The Joint Chiefs of Global Tax Enforcement, a group of five national tax authorities including the Internal Revenue Service’s Criminal Investigation unit, along with the U.K., Canada, Australia and the Netherlands, issued a pair of advisories explaining how over-the-counter cryptocurrency trading desks and cryptocurrency payment processors can be used to hide and move funds tied to criminal activity.Processing ContentThe advisory on OTC crypto trading desks notes that they can help clients conceal illicit activity and bypass anti-money laundering controls. Recent estimates suggest the platforms enable individuals to buy and sell digital assets outside a public exchange and account for a…
When I moved to San Francisco almost 13 years ago, I never imagined how much it would help my career — and, unexpectedly, lead me to fall in love with the country outside of it.I have always lived in cities, from Viña del Mar, Chile, where I was born, to Los Angeles, where I grew up. However, my marketing career didn’t really take off until I moved to San Francisco, the epicenter of the startup boom.There, I had everything I wanted: I was surrounded by potential clients, I dined at fancy restaurants, I made great friends, and I had no…
Accounting education and educators aren’t immune to the challenges that are sweeping the profession, says Yvonne Hinson, president of the American Accounting Association, and they’re making changes to address them.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 editor-in-chief Dan Hood. All too many of us imagine that academia exists sort of apart from the real world and that it’s more or less frozen in time at whatever point we last…
In his four years as director of the New York City Department of Planning, Dan Garodnick oversaw one of the most sweeping changes to the city’s zoning rules in decades. The policy, called City of Yes, initiated a collection of revisions to boost housing, including updates that allow new apartment projects to add bulk used for affordable housing, homes to convert basements or add backyard cottages as accessory dwellings, and more office buildings to be converted into residential space.Mayor Zohran Mamdani won the election last year on bold campaign pledges to deliver solutions for a worsening housing and affordability crisis.…
Michael Fiddelke is working like a man with something to prove.Target’s newest CEO has been in the job for two weeks now, and he’s wasted no time getting down to business on some of the retailer’s most difficult problems.”He’s got off to a running start,” Global Data retail analyst Neil Saunders told Business Insider. “He wants change, but I think he’s also keen to be seen that he wants change at Target.”Fiddelke’s CEO appointment was met with skepticism by many, including Saunders, who questioned whether the longtime Bullseye employee would be willing to make meaningful changes to get the company…
This as-told-to essay is based on a conversation with Mallory Contois, a 35-year-old founder and CEO based in Los Angeles. It’s been edited for length and clarity.By 2019, my life was comfortable. I had a lovely fiancé, a lovely home by the ocean, and I knew how to do my tech job very well. It felt like I had full control over everything, but I reached a point in my life where I went from wanting stability to wanting to see what I was capable of.That same year, all in short succession, I quit my job, called off my wedding,…
Delivery service Instacart is moving further into new areas, such as advertising and retail tech.The company’s roughly 600,000 gig workers, who shop and deliver groceries and other retail goods, are its most visible face for many people. But Instacart’s business is growing in many directions, CEO Chris Rogers said on a November earnings call.”We have the leading online grocery marketplace, a best-in-class suite of enterprise technologies for retailers, and a growing advertising ecosystem,” Rogers said on the call, his first as CEO after assuming the position in August.Instacart needs people to make good on its growth plans. The company had…