In the blogs: Are you ready for some football betting?
Synthetic voices; CRAT; cross-border commerce; and other highlights from our favorite tax bloggers.
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What to know about the wildfires spreading in Spain and France
COTIGNAC, FRANCE – JULY 21: Bystanders watch the smoke and flames from a wildfire on July 21, 2026 in Cotignac, France. Over 1,000 firefighters were called in to control the fast-moving wildfire that has burned more than 2,500 hectares in southern France. (Photo by FBM Media/Getty Images) Fbm Media | Getty Images News | Getty…
Comparing IGSB vs VTES: Corporate Bonds Beat Tax-Exempt Bonds on Returns
Comparing iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB 0.07%) and Vanguard Short-Term Tax-Exempt Bond ETF (VTES 0.04%) reveals a choice between higher-yielding taxable corporate debt and lower-yielding tax-exempt municipal securities for short-duration fixed-income portfolios. Both funds aim to provide income and stability by targeting investment-grade bonds with relatively short maturities. However, they serve…
Tax Fraud Blotter: Life imitates art
One Range Rover, two Ferraris; quite a JOLT; live-video app; and other highlights of recent tax cases. Processing Content Davenport, Iowa: In Scott County, Iowa, two criminal cases were brought against Latisha Collier, a former “Love After Lockup” cast member who operated Boss Tax and Accounting Services in the Davenport area. Collier, 39, was sentenced…
FASB adds project on goodwill impairment
The Financial Accounting Standards Board decided during a board meeting to add a project on goodwill impairment testing to its technical agenda. Processing Content The project will address the level at which goodwill is tested for impairment, and the frequency of the testing. At a meeting last week, FASB staff members told board members about…
Buffett says AI giants are ‘playing a game they don’t want to play’ to compete in the AI race
The Oracle of Omaha is finally investing in tech stocks, and that’s purely because they’ve changed their capex spending model to stay competitive in the AI race. “The real question with Google and all of its competitors now, because they’re all laying out hundreds of billions, and… that’s real money,” Warren Buffett told CNBC. “That’s…
Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence
The Trump administration is moving ahead with its efforts to fire Federal Reserve governor Lisa Cook, two months after the Supreme Court allowed her to retain her job while she fights the president’s effort to terminate her over mortgage fraud allegations that she has denied. The justices in a 5-4 decision in June said Cook, who was…
