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THIS WEEK
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Numeral Raises $100 Million as Investment in AI Tax Compliance Accelerates
Tax technology continues to attract significant investment as businesses look for ways to automate increasingly complex indirect tax obligations. The latest example is Numeral, which has secured $100 million in Series C funding, bringing its total funding to $157 million. The round was led by Insight Partners, with participation from Salesforce Ventures, Geodesic, Benchmark, Mayfield,…
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EY Invests $100 Million to Reward Human Skills in the Age of AI
As artificial intelligence transforms professional services, EY is putting significant money behind a different part of the workforce equation:…
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Deloitte to Pay $21.5M to Resolve U.S. Employment Discrimination Allegations
Deloitte has agreed to pay $21.5 million to the United States to resolve allegations that certain employment practices involving race…
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594 IRS Devices Remain Missing After Major Workforce Reductions — TIGTA Flags Taxpayer Data Risk
A major reduction in the US Internal Revenue Service workforce has left the agency facing another challenge: hundreds of…
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Vertex Delivers Strong Q2 Results as E-Invoicing Drives Long-Term Growth
Vertex (NASDAQ: VERX) reported solid second-quarter 2026 financial results, delivering double-digit revenue growth, expanding profitability, and raising its full-year…
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Amgen Reaches $74 Million Settlement in Shareholder Case Linked to $10.7 Billion IRS Tax Dispute
Amgen Reaches $74 Million Settlement in Shareholder Case Linked to $10.7 Billion IRS Tax Dispute Amgen has agreed to…
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25 U.S. States Launch Fresh Legal Challenge Against Trump’s Global Tariffs
A coalition of 25 Democratic-led U.S. states has opened another front in the legal battle over President Donald Trump’s…
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Grant Thornton’s $5 Billion CBIZ Deal Signals a New Era for U.S. Accounting Firms
The U.S. accounting industry is getting another major shake-up. Grant Thornton Advisors has agreed to acquire CBIZ in a…
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U.S. Introduces New Global Tariffs Using Forced Labour as Legal Basis
The United States has introduced a new round of tariffs affecting imports from 60 of its largest trading partners,…
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Section 301 Explained: The U.S. Trade Law Behind Many of Today’s Tariffs
Understanding recent U.S. trade policy has become increasingly difficult without understanding one particular piece of legislation: Section 301 of…