The Michigan Supreme Court recently issued an order denying The Walt Disney Company’s application for leave to appeal the Michigan Court of Appeals August 18, 2025, decision. By denying the appeal, the state high court let stand the appellate court’s ruling that the state’s demand for payment at the end of an audit creates a new, independent legal obligation that is separate from the original duty to report and remit unclaimed property. The result is that the clock restarts when the state issues a demand for payment. This effectively negates companies’ (holders’) statute of limitations-based defenses in Michigan.

Taxpayers have enrolled more than four million children in tax‑favored Trump Accounts, IRS recently announced, underscoring the strong early adoption of the program. Bank of New York Mellon Corp. (BNY) will manage the initial accounts and support development of a dedicated program app, while Robinhood Markets Inc. will serve as the brokerage platform and initial trustee.

Andersen Consulting enters into a Collaboration Agreement with Weexa, a global provider of digital transformation, B2B integration, and supply chain digitalization solutions.

The One Big Beautiful Bill Act (OBBBA) introduced two new, retroactive, and temporary federal income tax deductions starting in the 2025 tax year (and currently through 2028) applicable to employees who receive qualified tips or qualified overtime compensation. Under IRS guidance, employers are not required to change how they report pay for 2025. Due to the lack of changes from employer/payer reporting, additional IRS guidance provides employees with instructions for determining the amount of their deduction without a form like a Form W-2, Wage and Tax Statement, from their employer. Beginning in tax year 2026, information returns furnished to employees will separately report certain tips and overtime. IRS final regulations identify occupations that customarily and regularly receive tips on or before December 31, 2024, and define qualified tips for purposes of the deduction. The regulations are effective June 12, 2026, and apply to taxable years beginning after December 31, 2024.

Andersen Group Inc. (NYSE: ANDG) a provider of independent tax, valuation, and financial advisory services to individuals and family offices, businesses, and funds in the United States, today announced the appointment of Sue Decker to its Board of Directors.

Andersen Global launches in Cameroon as Phoenix Advisory joins as a member firm and adopts the Andersen brand.

Andersen Managing Director and CEO of the Andersen Institute for Finance & Economics, Fabio Natalucci, will moderate a panel at the Tax Council Policy Institute’s Conference titled Tax Matters: Federal, State, and Global Taxes in Turbulent Times on May 14-15 in Washington, D.C. Fabio will moderate the session Where we are now from an economist’s point of view? on May 14.

Andersen Managing Director Carl Fiore is presenting at the New York State Society of Certified Public Accountants (NYCPA) Estate Planning Conference on May 21, 2026, in New York, New York. Carl will discuss current estate planning issues.

Andersen Managing Director Jason Gritton will present at the 2026 TEI New England All-Day Conference Meeting on May 21, 2026, at Bentley University in Waltham, Massachusetts. Jason will discuss international taxation issues.