The Prager Metis partner who led the audits of collapsed crypto trading platform FTX has agreed to a two-year professional suspension for what the SEC called “negligent” work.

US banks and credit unions may soon be able to use intermediaries to transfer funds through the Federal Reserve’s real-time payments system, according to a central bank proposal.

Most of Bitcoin’s gains have come while Wall Street sleeps. Now a new exchange-traded fund is built to ride that pattern — buying Bitcoin at the market close and selling before the open, while investing in Treasuries during the day.

Bets on a ceasefire between the US and Iran have sent more than $170 million coursing through Polymarket, making it one of the largest geopolitical wagers in the short history of prediction markets.

Digital finance and tokenized assets are slated to become a core part of the world’s financial system, but most businesses don’t know what impact that will have on their operations, according to a survey by HSBC Holdings Plc.

Morgan Stanley is set to become the first Wall Street bank to launch its own Bitcoin-tracking exchange-traded fund, a milestone for the digital-asset ecosystem that underscores how deeply the original cryptocurrency has embedded itself in the financial mainstream — even as the market around it has cooled.

Some of the dividend deductions taken by Varian Medical Systems Inc. must be disallowed because the medical device and software manufacturer didn’t directly hold shares of controlled foreign corporations for which the deductions were claimed, the US Tax Court said Wednesday.

The German Finance Ministry on Wednesday issued draft legislation that would add to its global minimum tax reporting requirements a list of jurisdictions that have applied the tax domestically for companies’ reference.

A Miami strip club doesn’t seem to have convinced a Florida appellate court panel at oral arguments Wednesday that the state revenue department applied a “secret” rule to impose sales tax on certain transactions fees.

Artificial intelligence is putting accounting firm leaders on alert for workers well-versed in using and managing the new tools as the industry invests heavily in modernizing workflows.

Below is a reformatted text version* of the minutes of the Federal Reserve’s March 17-18 meeting, released Wednesday in Washington:

Norway’s finance ministry launched a public consultation Wednesday on potentially abolishing a tax on nitrogen oxide emissions, one of several environmental levies in its purview.

Nebraska created an unemployment insurance fee and updated its wage-hour and child labor laws under a bill expected to go into effect July 17.

Canada’s provinces of Manitoba, Ontario, and Prince Edward Island will each raise their hourly minimum wages Oct. 1, their governments said.

Holman Automotive Group Inc. was hit with a proposed class action alleging its retirement plan wrongly includes a suite of target-date funds that carry excessive and unnecessary fees.

A former Nestlé USA Inc. employee filed a proposed class action challenging the food manufacturer’s practice of charging tobacco-using workers an extra $75 per month for health-care coverage.

Auto-Owners Insurance Co. scored a court order dismissing claims that it wrongly invested about one-third of its retirement plan assets in an in-house stable value fund that produced meager returns.

Influential Democrats are embracing broad tax cut plans for working-class Americans with an eye toward winning control of Congress in November and the White House in 2028.

Brazil’s adoption of OECD Transfer Pricing Guidelines marks a significant shift towards global standards, presenting new challenges and opportunities for Brazilian taxpayers to align their practices with international norms and prepare for increased scrutiny.

Businesses that are still waiting for employee retention credits should confirm the IRS received the claim, respond quickly to any document request, and take steps to preserve litigation rights.

The strategy of self-preservation embraced by some of the most prestigious law firms in the face of President Donald Trump’s demands didn’t work. One year later, the firms that caved have lost partners and clients.

Martyn S. Babitz joined Archer & Greiner as of counsel in its private wealth, estates, and trusts practice in Voorhees, the firm announced Tuesday.

Olga Beloded joined Pryor Cashman as a partner in its tax group in New York, the firm announced Tuesday.

It’s often said a parent’s love can’t be measured, but a recent survey on youth sports may come close. For each day a child plays a sport, researchers found, parents expend three hours and 23 minutes in effort: organizing and driving, watching games and practices, making snacks and doing laundry.