Treasury projects 3.2% rise in business tax preparation costs

U.S. businesses will likely face $131.8 billion in monetized time and compliance costs completing their taxes in fiscal 2026, according to the Treasury Department.

S&P Global taps Booz Allen vet for CFO of planned mobility spin-off

Kristine Martin Anderson, Booz Allen’s chief operating officer, will serve as the company’s interim CFO until a permanent replacement is found.

Unemployment rises to 4.6%, highest level in more than four years

The rising jobless rate bolsters the Dec. 10 Federal Reserve decision to firm up the labor market by trimming the main interest rate by a quarter point.

New 1099 thresholds, crypto tax forms test AP departments: survey

Large companies can spend over 100 hours filing thousands of 1099 tax forms, a “significantly more complex” undertaking than W-2s, Avalara’s Kevin Halverson said.

Navan CFO announces departure following $6.2B IPO

Amy Butte will depart the travel platform in January after helping to steer the business through its IPO in October.

Trump AI order introduces ‘unstable regulatory landscape’: analysis

The executive order opens a “pandora’s box of not only constitutional issues, but also issues pertaining to the EO’s interpretation and scope,” legal analysts said.