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Mamdani Scraps Property Tax Hike, Counts Second-Home Revenue
New York City Mayor Zohran Mamdani has ditched his plan to raise New Yorkers’ property taxes — an unpopular measure he threatened to use to help close a two-year deficit.Read full article on original site
Bezos Family Anchors Robin Hood Endowment With $100 Million Gift
The Robin Hood Foundation said it’s well on its way to reaching its $1 billion goal for a permanent endowment, with a $100 million anchor gift from the Bezos family.Read full article on original site
Milken to Debut Toronto Summit as Canada Draws Global Elite
The Milken Institute is planning its first summit in Toronto later this year as Prime Minister Mark Carney’s push to get the attention of global investors gains traction.Read full article on original site
Lake Tahoe Power Crunch Shows AI’s Growing Energy Toll in West
Lake Tahoe has long been a refuge for Silicon Valley’s tech elite, from Mark Zuckerberg to Larry Ellison. Now the artificial intelligence boom behind much of that wealth is straining the region’s power market, pushing up costs for residents in the lakeside towns below.Read full article on original site
Hamptons Home Rentals for $100,000Â Sit Empty Ahead of US Open Golf Weekend
A glut of housing supply is reducing prices for the tournament at Shinnecock Hills Golf Club.Read full article on original site
Epstein Island’s Billionaire Owner Is Battling Zealous Voyeurs
The latest reports from “Little St. Jeff’s,” the notorious Caribbean hideaway of Jeffrey Epstein, are startling.Read full article on original site
Atlas Co-Founder Gives WashU $200 Million for New Health School
Andrew Bursky and his wife pledged $200 million through their family foundation to name a newly created school of public health at Washington University in St. Louis.Read full article on original site
Why US Inflation Matters for British Investors
The threat of rising US interest rates could have a knock-on effect for assets across the board.Read full article on original site
With Inflation on Rise, I Bonds Are Luring Investors Again
Investors won’t get eye-popping 9.62% returns, but today’s I bonds lock in steady, inflation-adjusted returnsRead full article on original site
Modi Asks Indians to Stop Buying Gold, Hitting Jewelry Stocks
Prime Minister Narendra Modi has called on Indians to avoid buying gold for at least a year to preserve foreign-exchange reserves, a surprising appeal in a country where the metal plays a vital role in savings, weddings and religious festivals.Read full article on original site
May 2026
Mamdani Scraps Property Tax Hike, Counts Second-Home Revenue
New York City Mayor Zohran Mamdani has ditched his plan to raise New Yorkers’ property taxes — an unpopular measure he threatened to use to help close a two-year deficit.Read full article on original site
Bezos Family Anchors Robin Hood Endowment With $100 Million Gift
The Robin Hood Foundation said it’s well on its way to reaching its $1 billion goal for a permanent endowment, with a $100 million anchor gift from the Bezos family.Read full article on original site
Milken to Debut Toronto Summit as Canada Draws Global Elite
The Milken Institute is planning its first summit in Toronto later this year as Prime Minister Mark Carney’s push to get the attention of global investors gains traction.Read full article on original site
May 2026
Mamdani Scraps Property Tax Hike, Counts Second-Home Revenue
New York City Mayor Zohran Mamdani has ditched his plan to raise New Yorkers’ property taxes — an unpopular measure he threatened to use to help close a two-year deficit.Read full article on original site
Bezos Family Anchors Robin Hood Endowment With $100 Million Gift
The Robin Hood Foundation said it’s well on its way to reaching its $1 billion goal for a permanent endowment, with a $100 million anchor gift from the Bezos family.Read full article on original site
Milken to Debut Toronto Summit as Canada Draws Global Elite
The Milken Institute is planning its first summit in Toronto later this year as Prime Minister Mark Carney’s push to get the attention of global investors gains traction.Read full article on original site
Lake Tahoe Power Crunch Shows AI’s Growing Energy Toll in West
Lake Tahoe has long been a refuge for Silicon Valley’s tech elite, from Mark Zuckerberg to Larry Ellison. Now the artificial intelligence boom behind much of that wealth is straining the region’s power market, pushing up costs for residents in the lakeside towns below.Read full article on original site
Hamptons Home Rentals for $100,000Â Sit Empty Ahead of US Open Golf Weekend
A glut of housing supply is reducing prices for the tournament at Shinnecock Hills Golf Club.Read full article on original site
Epstein Island’s Billionaire Owner Is Battling Zealous Voyeurs
The latest reports from “Little St. Jeff’s,” the notorious Caribbean hideaway of Jeffrey Epstein, are startling.Read full article on original site
Atlas Co-Founder Gives WashU $200 Million for New Health School
Andrew Bursky and his wife pledged $200 million through their family foundation to name a newly created school of public health at Washington University in St. Louis.Read full article on original site
Why US Inflation Matters for British Investors
The threat of rising US interest rates could have a knock-on effect for assets across the board.Read full article on original site
With Inflation on Rise, I Bonds Are Luring Investors Again
Investors won’t get eye-popping 9.62% returns, but today’s I bonds lock in steady, inflation-adjusted returnsRead full article on original site
Modi Asks Indians to Stop Buying Gold, Hitting Jewelry Stocks
Prime Minister Narendra Modi has called on Indians to avoid buying gold for at least a year to preserve foreign-exchange reserves, a surprising appeal in a country where the metal plays a vital role in savings, weddings and religious festivals.Read full article on original site
IRS Raises Mileage Rates Midyear: What You Need to Know
For the first time since 2022, the IRS is changing standard mileage rates in the middle of the tax year. If you track business, medical or moving miles, this matters. Starting July 1, 2026, the numbers go up, and your recordkeeping needs to get more precise.What Changed and WhyThe IRS bumped the business mileage rate…
Understanding the Exchange Ratio
With more than $57 trillion in mergers and acquisitions, according to the Institute for Mergers, Acquisitions & Alliances, understanding how the Exchange Ratio works is essential for businesses and investors to maximize these processes.The ratio assesses how many shares the company that's purchasing the takeover company must issue per share of the takeover business. Transactions…
Travel Companions: How to Share Expenses
No matter how well you know someone, you usually learn a lot more once you’ve traveled with them. We are all different in this activity, from people who prefer aisle seats over window seats, to Airbnb renters or hotel enthusiasts, to the outdoorsy versus museum aficionados.Friendship compatibility does not always translate to travel compatibility. Therefore,…
Ready to Set Your Q4 Financial Goals?
Surprising as it may seem, Q4 is at your doorstep, knocking and asking for attention. What’s more, it’s that time of year when everything starts getting busy: kids go back to school, football starts, and then the holidays are just up ahead. During this time, you might also be hearing “cha-ching, cha-ching” as what lies…
The Death of the App: Why Your Business Will Sideline SaaS Dashboards
For two decades, enterprise software has been built around a simple assumption: people log into multiple applications to retrieve information, make decisions, and complete work. A CRM, a project tracker, a business intelligence dashboard, a support ticketing system, and more. All this is because these applications operate in isolation.There is a shift whose intention is…
Extending Daylight Hours, Protecting Cultural Livelihoods and Making Local Banking Easier
Sunshine Protection Act of 2025 (HR 139) – The purpose of this legislation is to make daylight savings time (DST) permanent for most of the country. States and territories presently exempt from DST may choose the standard time for those areas. This latest version of the bill was introduced by Rep. Vern Buchanan (R-FL) on…
How to Account for Bolt-On Acquisitions
With over $4 trillion in merger and acquisition transactions happening in 2025, understanding the necessary accounting considerations is essential to see how tax professionals can navigate financial statements.Defining Bolt-On AcquisitionsThis process is often used by private equity companies and occurs when a bigger business acquires a smaller company, providing investors with synergistic performance. This happens…
Understanding Depreciation Recapture
This accounting and tax method refers to a treatment used by the Internal Revenue Service (IRS) to obtain tax remittances on sales of depreciated property. Understanding how it works is essential for filers to make the most of it.Required ConditionsAs property depreciates, its value declines. When depreciated assets are sold, it's able to be filed…
Supreme Court Will Decide What Homeowners Are Owed When Tax Sale Erases Equity
A county in Michigan was owed about $2,200 in back taxes. To collect it, the government took a home worth close to $200,000, auctioned it for a fraction of that, and called the matter settled. The family is now putting a simple question to the Supreme Court: when the state sells your house over a…
Tips for Early Retirement Planning
Retirement planning starts with retirement spending. Ideally, retirees are mortgage-free and relatively debt-free before they leave the working life behind. In retirement, a key strategy is to maintain low monthly staple expenses.Therefore, if you want to devise a financial plan that will allow you to retire early, consider cutting back your basic household expenses a…
August 2026
IRS Raises Mileage Rates Midyear: What You Need to Know
For the first time since 2022, the IRS is changing standard mileage rates in the middle of the tax year. If you track business, medical or moving miles, this matters. Starting July 1, 2026, the numbers go up, and your recordkeeping needs to get more precise.What Changed and WhyThe IRS bumped the business mileage rate…
July 2026
Supreme Court Will Decide What Homeowners Are Owed When Tax Sale Erases Equity
A county in Michigan was owed about $2,200 in back taxes. To collect it, the government took a home worth close to $200,000, auctioned it for a fraction of that, and called the matter settled. The family is now putting a simple question to the Supreme Court: when the state sells your house over a…
June 2026
The IRS Could Owe You Money Thanks to a Pandemic-Era Court Ruling
Here's something that flew under the radar for most people: a court decision from late last year could put money back in your pocket if you got hit with IRS penalties during COVID. But you need to act fast! For some taxpayers, the deadline to file a claim is July 10. What This Case Is…
May 2026
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Tax Considerations for Data Center Projects in the Age of AI
Artificial intelligence is driving an unprecedented surge in data center construction. Developers, private equity sponsors and their tax advisors are navigating a complicated web of questions that touch everything from ownership structure to site selection to power sourcing. Get the early decisions wrong and the tax consequences can follow a project for years.Why REITs Have…
Mamdani Scraps Property Tax Hike, Counts Second-Home Revenue
New York City Mayor Zohran Mamdani has ditched his plan to raise New Yorkers’ property taxes — an unpopular measure he threatened to use to help close a two-year deficit.Read full article on original site
May 2026
Mamdani Scraps Property Tax Hike, Counts Second-Home Revenue
New York City Mayor Zohran Mamdani has ditched his plan to raise New Yorkers’ property taxes — an unpopular measure he threatened to use to help close a two-year deficit.Read full article on original site
Bezos Family Anchors Robin Hood Endowment With $100 Million Gift
The Robin Hood Foundation said it’s well on its way to reaching its $1 billion goal for a permanent endowment, with a $100 million anchor gift from the Bezos family.Read full article on original site
Milken to Debut Toronto Summit as Canada Draws Global Elite
The Milken Institute is planning its first summit in Toronto later this year as Prime Minister Mark Carney’s push to get the attention of global investors gains traction.Read full article on original site
Lake Tahoe Power Crunch Shows AI’s Growing Energy Toll in West
Lake Tahoe has long been a refuge for Silicon Valley’s tech elite, from Mark Zuckerberg to Larry Ellison. Now the artificial intelligence boom behind much of that wealth is straining the region’s power market, pushing up costs for residents in the lakeside towns below.Read full article on original site
Hamptons Home Rentals for $100,000Â Sit Empty Ahead of US Open Golf Weekend
A glut of housing supply is reducing prices for the tournament at Shinnecock Hills Golf Club.Read full article on original site
Epstein Island’s Billionaire Owner Is Battling Zealous Voyeurs
The latest reports from “Little St. Jeff’s,” the notorious Caribbean hideaway of Jeffrey Epstein, are startling.Read full article on original site
Atlas Co-Founder Gives WashU $200 Million for New Health School
Andrew Bursky and his wife pledged $200 million through their family foundation to name a newly created school of public health at Washington University in St. Louis.Read full article on original site
Why US Inflation Matters for British Investors
The threat of rising US interest rates could have a knock-on effect for assets across the board.Read full article on original site
With Inflation on Rise, I Bonds Are Luring Investors Again
Investors won’t get eye-popping 9.62% returns, but today’s I bonds lock in steady, inflation-adjusted returnsRead full article on original site
Modi Asks Indians to Stop Buying Gold, Hitting Jewelry Stocks
Prime Minister Narendra Modi has called on Indians to avoid buying gold for at least a year to preserve foreign-exchange reserves, a surprising appeal in a country where the metal plays a vital role in savings, weddings and religious festivals.Read full article on original site
IRS Raises Mileage Rates Midyear: What You Need to Know
For the first time since 2022, the IRS is changing standard mileage rates in the middle of the tax year. If you track business, medical or moving miles, this matters. Starting July 1, 2026, the numbers go up, and your recordkeeping needs to get more precise.What Changed and WhyThe IRS bumped the business mileage rate…
Understanding the Exchange Ratio
With more than $57 trillion in mergers and acquisitions, according to the Institute for Mergers, Acquisitions & Alliances, understanding how the Exchange Ratio works is essential for businesses and investors to maximize these processes.The ratio assesses how many shares the company that's purchasing the takeover company must issue per share of the takeover business. Transactions…
Travel Companions: How to Share Expenses
No matter how well you know someone, you usually learn a lot more once you’ve traveled with them. We are all different in this activity, from people who prefer aisle seats over window seats, to Airbnb renters or hotel enthusiasts, to the outdoorsy versus museum aficionados.Friendship compatibility does not always translate to travel compatibility. Therefore,…
Ready to Set Your Q4 Financial Goals?
Surprising as it may seem, Q4 is at your doorstep, knocking and asking for attention. What’s more, it’s that time of year when everything starts getting busy: kids go back to school, football starts, and then the holidays are just up ahead. During this time, you might also be hearing “cha-ching, cha-ching” as what lies…
The Death of the App: Why Your Business Will Sideline SaaS Dashboards
For two decades, enterprise software has been built around a simple assumption: people log into multiple applications to retrieve information, make decisions, and complete work. A CRM, a project tracker, a business intelligence dashboard, a support ticketing system, and more. All this is because these applications operate in isolation.There is a shift whose intention is…
Extending Daylight Hours, Protecting Cultural Livelihoods and Making Local Banking Easier
Sunshine Protection Act of 2025 (HR 139) – The purpose of this legislation is to make daylight savings time (DST) permanent for most of the country. States and territories presently exempt from DST may choose the standard time for those areas. This latest version of the bill was introduced by Rep. Vern Buchanan (R-FL) on…
How to Account for Bolt-On Acquisitions
With over $4 trillion in merger and acquisition transactions happening in 2025, understanding the necessary accounting considerations is essential to see how tax professionals can navigate financial statements.Defining Bolt-On AcquisitionsThis process is often used by private equity companies and occurs when a bigger business acquires a smaller company, providing investors with synergistic performance. This happens…
Understanding Depreciation Recapture
This accounting and tax method refers to a treatment used by the Internal Revenue Service (IRS) to obtain tax remittances on sales of depreciated property. Understanding how it works is essential for filers to make the most of it.Required ConditionsAs property depreciates, its value declines. When depreciated assets are sold, it's able to be filed…
Supreme Court Will Decide What Homeowners Are Owed When Tax Sale Erases Equity
A county in Michigan was owed about $2,200 in back taxes. To collect it, the government took a home worth close to $200,000, auctioned it for a fraction of that, and called the matter settled. The family is now putting a simple question to the Supreme Court: when the state sells your house over a…
Tips for Early Retirement Planning
Retirement planning starts with retirement spending. Ideally, retirees are mortgage-free and relatively debt-free before they leave the working life behind. In retirement, a key strategy is to maintain low monthly staple expenses.Therefore, if you want to devise a financial plan that will allow you to retire early, consider cutting back your basic household expenses a…


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