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In late 2022, Noah Pepper, a former Stripe business lead for the Asia Pacific region, founded Multiplier, a startup that aimed to sell software to tax accountants. But soon after ChatGPT was released, it occurred to him that AI can change how professional service firms use technology. “I realized I was barking up the wrong … Read more
In late 2022, Noah Pepper, a former Stripe business lead for the Asia Pacific region, founded Multiplier, a startup that aimed to sell software to tax accounts. But soon after ChatGPT was released, he realized that AI can change how professional service firms use technology. “I realized I was barking up the wrong tree by … Read more
Republican South Carolina Treasurer Curtis Loftis appears likely to stay in office for at least the rest of the year. The Republican-dominated House has decided not to take up a resolution passed by the Senate to kick Loftis out of office because of his role in a phantom $1.8 billion account that showed up on the state’s books but … Read more
COLUMBIA, S.C. (AP) — South Carolina’s Republican-dominated Senate and its elected Republican treasurer faced off Monday in an extraordinary hearing as senators try to kick state treasurer Curtis Loftis out of office over a $1.8 billion accounting error. The hearing is the culmination of over two years of investigation by the Senate that started when state accountants … Read more
On Thursday, the financial giant Bitcoin, traditional financial institutions like BNY have been hesitant to enter the space, largely because of regulatory uncertainty. Still, BNY has shown an interest in the technology, including Ethereum, the second largest cryptocurrency, with the bank. The plan, however, clashed with the Securities and Exchange Commission during the Biden Administration, … Read more
For the first time in over two centuries as a U.S. state, South Carolina lawmakers are going to try to remove a statewide elected official from office. The Republican-dominated Senate on Wednesday decided to hold a hearing to decide if Republican state Treasurer Curtis Loftis should be removed from office over a $1.8 billion accounting error and then failing … Read more
Macy’s Inc. is clawing back more than $600,000 in cash bonuses from executives after an accounting scandal led to inflated pay. The department-store operator tied executives’ cash bonuses to an earnings metric that turned out to be overstated by around $81 million in 2023, Macy’s said in a securities filing on Tuesday evening. That meant … Read more
Accounting software company Open Ledger has launched a new product in time for tax day. Meet PokéTax, a game that helps make tax filing quite fun. Instead of tax forms, users take on Tax Trainers — gym leaders — representing different parts of a tax form, such as income, deductions, and credits. Each leader asks … Read more
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© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal InformationFORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive … Read more
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