NEWS: ACCOUNTING TODAY
Setup News Ticker
   NEWS: ACCOUNTING TODAY
Accounting Today
Jan 17, 2020

IRS to restore some sequestered funds
Less than a thousand businesses were affected by an OMB determination involving the refundable corporate minimum tax credit.

Accounting Today
Jan 17, 2020

Firms on the move: Boyer & Ritter constructs can sculptures to benefit local food bank
Baker Newman Noyes and Aronson cut ribbons on new offices; Sweeney Conrad celebrates 40 years; and more CPA news.

Accounting Today
Jan 17, 2020

Transforming accounting partners into marketing advocates
Marketing directors and partners at accounting firms share the same goal: advancing the firm's brand and helping it achieve specific growth and profitability targets.

Accounting Today
Jan 17, 2020

People on the move: DHG appoints senior manager of inclusion and diversity
Aprio promotes a dozen to partner and director; Mathieson, Moyski, Austin & Co. hires first firm administrator; and more personnel news.

Accounting Today
Jan 17, 2020

Trump tax cut hands $32B windfall to America's top banks
Savings for the top six U.S. banks from President Donald Trump's signature tax overhaul accelerated last year, now topping $32 billion as the lenders curbed new borrowing, pared jobs and ramped up payouts to shareholders.

Accounting Today
Jan 17, 2020

International accounting groups call for better sustainable development disclosures
A group of international accounting organizations is calling for improved reporting and action on the UN's Sustainable Development Goals to hit the ambitious goals set for 2030.

Accounting Today
Jan 17, 2020

Intuit names Barry Pennett VP and GM of ProConnect group
Barry Pennett has been placed in the new role of vice president and general manager of Intuit's ProConnect Group, just in time for tax season.

Accounting Today
Jan 17, 2020

Intuit names new VP and GM of ProConnect group
Barry Pennett has been named to the new role of vice president and general manager of Intuit's ProConnect Group, just in time for tax season.

Accounting Today
Jan 17, 2020

The millionaires who actually want to pay more in taxes
They call themselves the Patriotic Millionaires, and they say with straight faces it's time the ultra-affluent kick in more to Uncle Sam.

Accounting Today
Jan 17, 2020

Tax season is coming and it might be as chaotic as last year
Filing taxes last year was a nightmare for taxpayers, their accountants and the Internal Revenue Service. This year might not be much better.

Accounting Today
Jan 17, 2020

Firms giving back: H&R Block holds nationwide school supply drive
Top 100 Firm Boyer & Ritter also donated more than 3,100 cans of food as part of the firm's holiday party.

Accounting Today
Jan 16, 2020

Tax Fraud Blotter: Her little secrets
A little off the top; noted; over the Edge; and other highlights of recent tax cases.

Accounting Today
Jan 16, 2020

M&A roundup: Double mergers, and more
UHY Advisors and UHY LLP merged in Pattison, Koskey, Howe and Bucci, CPAs; MBAF expanded its tax and accounting practice by adding Kramer & Associates; and Fiondella, Milone & LaSaracina merged in Viola Chrabascz Reynolds and Formica & Dobkin.

Accounting Today
Jan 16, 2020

FASB clarifies accounting for equity securities
The Financial Accounting Standards Board has issued a standards update aimed at clarifying the interaction between the rules related to equity securities, equity method investments and certain derivatives.

Accounting Today
Jan 16, 2020

State sales and use tax changes in 2019 and what to expect in 2020
The year 2019 was a continuation of the banner year of 2018 for major law and administrative changes in sales and use tax compliance, inspired and driven in large part by the Supreme Court's decision in South Dakota v Wayfair.

Accounting Today
Jan 16, 2020

ACCA launches 'wellbeing hub' for students' mental health
The Association of Chartered Certified Accountants will provide mental health, lifestyle and community support as part of a new online resource.

Accounting Today
Jan 16, 2020

IRS offers tax relief for student loan debt discharges
The Internal Revenue Service and the Treasury Department are offering a safe harbor to provide relief to taxpayers who borrowed money to attend a nonprofit or for-profit school and had their student loan debts discharged.

Accounting Today
Jan 16, 2020

USC professor honored with AAA 2020 Lifetime Contribution Award
Professor S. Mark Young, the George Bozanic and Holman G. Hurt chair in sports entertainment business and professor of accounting at the University of Southern California, was recognized for his contributions to management accounting education.

Accounting Today
Jan 16, 2020

High-tech taxman who loves hockey is Putin's new premier
Vladimir Putin is putting his trust in an obscure technocrat with little political experience to be prime minister and revive Russia's flagging economy, as he prepares the country for the most significant constitutional overhaul in a generation.

Accounting Today
Jan 16, 2020

IRS leaker who outed Michael Cohen's banking secrets is spared jail time
A former Internal Revenue Service analyst persuaded a judge not to send him to prison for leaking confidential government records on suspicious banking activity by President Donald Trump's former lawyer Michael Cohen.

Accounting Today
Jan 16, 2020

Expense management vendors unite to form Emburse
A group of six travel and expense management software vendors — Abacus, Captio, Certify, Chrome River, Nexonia and Tallie — have come together under a single company, Emburse, in an effort to challenge SAP Concur.

Accounting Today
Jan 15, 2020

FASB is the villain!
The ability to explain accounting clearly is the power that will make accountants superheroes.

Accounting Today
Jan 15, 2020

Moody's predicts CECL will have limited impact on big banks
The new credit losses accounting standard is not expected to have a major impact on the loan loss reserves of most large publicly listed U.S. banks, according to Moody's Investors Service.

Accounting Today
Jan 15, 2020

Whistleblower protections for accountants and tax professionals bolstered by new law
The Taxpayer First Act protects a broad range of disclosures about potential violations of IRS rules or tax fraud.

Accounting Today
Jan 15, 2020

Illinois CPA Society honors 2020 'Mary T. Washington' program grads
Twenty-six diverse college students are the most recent class to graduate from the three-day internship preparation course.

Accounting Today
Jan 15, 2020

Audit fees keep rising, thanks to new accounting standards
Average audit fees increased 4.25 percent from 2017 to 2018, according to a new report.

Accounting Today
Jan 15, 2020

Putting the 'C' in CRM
Customer relationship management is an essential part of an accounting firm's business, but it often gets overlooked in favor of the good accounting work the firm does for their client.

Accounting Today
Jan 15, 2020

Trump tax fight with House put on hold for McGahn ruling
House Democrats' lawsuit seeking President Donald Trump's federal tax returns was put on hold as a judge said he's waiting for a higher court's ruling in a separate case on whether Congress can make ex-White House counsel Don McGahn testify.

Accounting Today
Jan 15, 2020

Trump's SALT cap fuels a wealth exodus from high-tax states
Some of the hardest evidence yet indicates that the 2017 Republican tax law is pushing money and people from high-tax U.S. states like New York and New Jersey and into low-tax states including Florida.

Accounting Today
Jan 15, 2020

White House plans tax cut, hopeful of a Republican House majority
The White House continues to work on a tax-cut plan in hope that Republican lawmakers will be in control of Congress after the 2020 elections, President Donald Trump's top economic aide Larry Kudlow said.

Accounting Today
Jan 15, 2020

It's time to help clients eliminate 'minimum credit card' policies
With a little bit of data analysis, accountants can help small businesses develop more profitable approaches.

Accounting Today
Jan 14, 2020

In the blogs: Less than 100 days
Tracking refunds; an extra deadline; the Advocate's report; and other highlights from our favorite tax bloggers.

Accounting Today
Jan 14, 2020

Citrin Cooperman merges in LGSH
The firm has continued its recent expansion streak in Southern California, snapping up its third firm in the Los Angeles area in recent months.

Accounting Today
Jan 14, 2020

Tax pros' top worry for 2020 is late client info
Far fewer are concerned about the Tax Cuts and Jobs Act, unlike last year.

Accounting Today
Jan 14, 2020

Accountants to rely more on Big Data in 2020
Technology such as data analytics, artificial intelligence, machine learning, blockchain and robotic process automation will be playing a greater role in the accounting profession this year, according to a recent report from the Institute of Management Accountants.

Accounting Today
Jan 14, 2020

Service disruption hits Thomson Reuters platforms
Accountants are left disgruntled with a lack of information.

Accounting Today
Jan 14, 2020

BlackRock pushes for clearer accounting of climate risks from companies
BlackRock, the world's biggest fund manager, said Tuesday that it plans to put sustainability at the center of its investment strategy and it will push companies to improve their climate risk disclosures.

Accounting Today
Jan 14, 2020

IRS improves online Withholding Estimator to reflect new W-4
The Internal Revenue Service unveiled an enhanced Tax Withholding Estimator on its website Tuesday, designed to help workers fill out the new W-4 withholding form and hopefully avoid the problems seen last year when many taxpayers found themselves owing more taxes or receiving less of a tax refund than they expected.

Accounting Today
Jan 14, 2020

How AI in ERP will create the finance team of the future
The move to the cloud is allowing users to make more of their data and of the many new intelligent tools that are out there.

Accounting Today
Jan 14, 2020

KPMG opens Lakehouse campus in Orlando
The Big Four firm's $450 million, 55-acre learning and development center is set to host 28,000 professionals through its first year of operation.

Accounting Today
Jan 14, 2020

Family-owned businesses urged to sell before the party ends
For the owner of a multimillion-dollar company, selling by the end of 2020 could result in a much smaller tax bill than striking a deal in 2021 under new rules.

Accounting Today
Jan 13, 2020

New Jersey governor signs bill to bypass SALT cap on small business tax deductions
New Jersey Governor Phil Murphy signed legislation Monday giving small businesses in the Garden State a workaround for the $10,000 cap on state and local tax deductions under the Tax Cuts and Jobs Act.

Accounting Today
Jan 13, 2020

IRS whistleblower awards declined steeply in FY19
The Internal Revenue Service's Whistleblower Office made 181 awards to whistleblowers in fiscal year 2019, totaling over $120 million and collected more than $616 million.

Accounting Today
Jan 13, 2020

Meet the new W-4
The brand-new withholding form for 2020 will present taxpayers with challenges, and tax pros with opportunities, says ADP's Pete Isberg.

Accounting Today
Jan 13, 2020

Art of Accounting: Preparing for a client meeting
I always prepare for client meetings. Sometimes I overprepare because I don't want to be unprepared and also because I want to control the pace, direction and timing of the meeting.

Accounting Today
Jan 13, 2020

German payment processor's chair resigns amid of accounting controversy
Wulf Matthias of Wirecard AG resigned after months of controversy over the digital payments company's accounting practices.

Accounting Today
Jan 13, 2020

Wirecard chairman resigns in midst of accounting controversy
Wirecard AG Chairman Wulf Matthias resigned after months of controversy over the digital payments company's accounting practices.

Accounting Today
Jan 13, 2020

Tech News: Expensify launches charitable corporate card, and more
Priority ERP integrates AvaTax, Vertex achieves "Built for NetSuite" status, and Doc.It updates portal software.

Accounting Today
Jan 13, 2020

Expensify launches charitable corporate card and charity organization, and more tech news
Priority ERP integrates AvaTax, Vertex achieves "Built for NetSuite" status, and Doc.It updates portal software.

Accounting Today
Jan 13, 2020

Professors recognized for research paper on performance-based incentives
The Association of International Certified Professional Accountants and the Management Accounting Section of the American Accounting Association recognized three college professors with the 2020 Greatest Potential Impact on Management Accounting Practice Award.

Accounting Today
Jan 13, 2020

Better Every Day: From advisor to arbiter of elegance and civility
Accountants should be ‘ladies and gentlemen serving ladies and gentlemen.'

Accounting Today
Jan 10, 2020

Thomson Reuters introduces virtual currency organizer
The company has also partnered with Verady, a crypto-focused accounting firm, to acquire reliable data on the volatile virtual currency markets.

Accounting Today
Jan 10, 2020

Firms on the move: Armanino distributes $50K in grants to six nonprofits
BKD and MBAF each relocate NYC offices; AAM celebrates 30 years with new logo and Facebook Live event; and more CPA news.

Accounting Today
Jan 10, 2020

Firms on the move: Armanino distributes $50K to six nonprofits
BKD and MBAF each relocate NYC offices; AAM celebrates 30 years with new logo and Facebook Live event; and more CPA news.

Accounting Today
Jan 10, 2020

IRS opens revamped Free File program
Changes should make it easier for taxpayers to find the free versions of tax prep software from vendors who have been accused of misleading consumers into paying for the products.

Accounting Today
Jan 10, 2020

People on the move: Prager Metis names strategic innovation officer
Katz, Sapper & Miller appoints first CIO; Reynolds, Bone & Griesbeck announces next MP; and more personnel news.

Accounting Today
Jan 10, 2020

Financial technology will transform the public accounting sector
The amount of time needed to prepare an audit or create a budget or forecast is greatly reduced with fintech, leaving staffers with the time they need to do more strategic work.

Accounting Today
Jan 10, 2020

AICPA wants more clarity on Sec. 465 reporting relief for S corps
The institute has asked the IRS and the Treasury to issue a notice clarifying that relief will also apply to S corporations.

Accounting Today
Jan 10, 2020

Consumers increasingly see tax-the-rich plans hurting economy
Consumers in 2019 were more likely to say plans to hike taxes on the wealthy would harm economic growth than they were in prior years, despite it being a key campaign pledge for nearly every Democratic presidential candidate, according to a new University of Michigan survey.

Accounting Today
Jan 10, 2020

Post-Wayfair woes: how to get ahead of sales tax risks


Accounting Today
Jan 10, 2020

Firms giving back: EY launches worldwide 'Ripples' program
Illinois firm Scheffel Boyle also donated 34 care packages to active U.S. service members.

Accounting Today
Jan 10, 2020

Is the rainmaker model drying up?
For years, accounting firms have relied on firm partners to use their personal and professional connections, charisma, and contacts to "make it rain" — to bring in new business and revenue that would enable the firm to grow and succeed.

Accounting Today
Jan 10, 2020

Run my own payroll? No thanks
Most small businesses do run their own payroll, but they also wish they didn't have to.

Accounting Today
Jan 10, 2020

Tax Fraud Blotter: Packin'
Bad news; 'tis the season; injunction schmunction; and other highlights of recent tax cases.

Accounting Today
Jan 09, 2020

Blockchain makes advances, but audit firms remain wary
Accounting firms are beginning to wade into the use of blockchain technology for audits, but with caution as the technology spreads beyond the cryptocurrency space where it's been used for digital assets like Bitcoin.

Accounting Today
Jan 09, 2020

Many 501(c)4 tax-exempt groups aren't notifying the IRS
Many dark money groups that raise funds for political and social causes and don't pay taxes aren't notifying the Internal Revenue Service of their intent to operate as tax-exempt organizations under section 501(c)4 of the Tax Code and haven't been penalized, according to a new report.

Accounting Today
Jan 09, 2020

Changes to PCAOB quality control standards could lead to more exposure for audit firms
The proposed changes could have the potential for expanding future enforcement proceedings.

Accounting Today
Jan 09, 2020

IRS's failure to collect from tax cheats could cost you $3,000 a year
The average U.S. household is paying an annual surtax of more than $3,000 to subsidize taxpayers who aren't paying all they owe, a new report from the Taxpayer Advocate Service found.

Accounting Today
Jan 09, 2020

U.S. seeks three months jail for IRS leaker of Cohen's bank records
U.S. prosecutors recommended a three-month prison sentence for a former Internal Revenue Service analyst who pleaded guilty to illegally disclosing suspicious activity reports related to the private banking information of Michael Cohen, the former personal lawyer of President Donald Trump.

Accounting Today
Jan 09, 2020

Wealthy investors steer billions toward new Trump tax break
The controversy keeps mounting over a new tax break for investing in poor U.S. communities. But investors keep piling in.

Accounting Today
Jan 09, 2020

IRS sets up online Gig Economy Tax Center
The Internal Revenue Service debuted a new Gig Economy Tax Center on its IRS.gov website to help taxpayers who work with companies like Uber and Airbnb meet their tax obligations through more streamlined information.

Accounting Today
Jan 09, 2020

Independence trap: Helping clients with rev rec implementations
CPAs should be wary of these seven client requests around revenue recognition.

Accounting Today
Jan 08, 2020

IESBA revises assurance independence standards for international code of ethics
The International Ethics Standards Board for Accountants has released a set of revisions to the International Code of Ethics for Professional Accountants, making some changes in the independence standards for assurance engagements, other than audit and review engagements.

Accounting Today
Jan 08, 2020

M&A roundup: Windes, UHY, TYS and McGuire Sponsel do deals
Windes merges in Smith, Linden & Basso; UHY Advisors acquires Stewart, Beauvis & Whipple; TYS merges with Lefkowitz; and McGuire Sponsel acquires Align Global Consulting.

Accounting Today
Jan 08, 2020

NSA Foundation accepting 2020-21 scholarship applications
The National Society of Accountants is urging accounting undergraduates attending two- or four-year institutions to apply.

Accounting Today
Jan 08, 2020

Private sector added 202,000 jobs in December, says ADP
The job numbers were boosted by employment in professional and business services.

Accounting Today
Jan 08, 2020

Words matter when describing R&D credit activities
Avoid some of the problems that can come up during an audit by using the wrong words.

Accounting Today
Jan 08, 2020

Taxpayer Advocate finds problems with tax refund delays and taxpayer service
The Internal Revenue Service's new anti-fraud filters are unnecessarily flagging millions of tax returns and delaying legitimate tax refunds for weeks or months, according to a new report from the acting National Taxpayer Advocate's office.

Accounting Today
Jan 08, 2020

Keep your wits about you this tax season
Sometimes it can feel like now, it's up to the client to do their part so you can do your job. In many ways, you're right.

Accounting Today
Jan 08, 2020

The most expensive Mac ever, and other tech stories you may have missed
Bookkeepers using tax prep as a loss leader, artificial intelligence everywhere, and eight other developments in technology this past month and how they'll impact your clients and your firm.

Accounting Today
Jan 07, 2020

Time for tax pros to start marketing
Get working on it now, before the filing season rush begins.

Accounting Today
Jan 07, 2020

In the blogs: Plan and superplan
Top posts of last year; decades of breaks; parenting credits; and other highlights from our favorite tax bloggers.

Accounting Today
Jan 07, 2020

IRS delay on partnership capital reporting offers temporary reprieve for some
The Internal Revenue Service's announcement last month delaying a requirement for reporting partners' share of partnership capital offers some extra time to busy tax practitioners, but the issue still isn't going away and may lead to some other problems.

Accounting Today
Jan 07, 2020

Seeking new business, Blucora to buy employee RIA for $160M
The Avantax Wealth Management parent views HK Financial as another way of working with CPAs and tax professionals branching into the field.

Accounting Today
Jan 07, 2020

Joel Black named GASB's next chair
The Financial Accounting Foundation's board of trustees has named Joel Black, partner in charge of the audit practice at Top 100 Firm Mauldin & Jenkins, the next chair of the Governmental Accounting Standards Board.

Accounting Today
Jan 07, 2020

Trump rape accuser may seek president's taxes in lawsuit
Donald Trump can face a lawsuit in New York because his residency at the White House "is not permanent" and his tax returns would prove it, according to an advice columnist suing the president for denying he raped her two decades ago.

Accounting Today
Jan 07, 2020

Mnuchin, Le Maire seek tax compromise to ease trade tensions
France and the U.S. will seek a compromise on the taxation of digital services over the next two weeks in an effort to avoid an escalation in the transatlantic trade dispute.

Accounting Today
Jan 07, 2020

IRS unveils update on operations and initiatives
The annual report looks back at 2019, while also detailing the agency's plans for the future.

Accounting Today
Jan 07, 2020

M&A roundup: A major move in financial planning, and more
PKF O'Connor Davies adds DHL&S; LBMC Technology Solutions merges with InterDyn Artis; Finkler joins HW&Co.; Gilliam Coble & Moser merges with Apple, Bell, Johnson & Co.; and Blucora plans acquisition of HK Financial Services.

Accounting Today
Jan 07, 2020

M&A roundup: PKFOD, LBMC, HW&Co. and Blucora expand, and firms merge in North Carolina
PKF O'Connor Davies adds DHL&S; LBMC Technology Solutions merges with InterDyn Artis; Finkler joins HW&Co.; Gilliam Coble & Moser merges with Apple, Bell, Johnson & Co.; and Blucora plans acquisition of HK Financial Services.

Accounting Today
Jan 07, 2020

Maximizing your final college semester
While the temptation may be great to take your foot off the gas pedal and coast into commencement, I recommend taking an alternate approach.

Accounting Today
Jan 07, 2020

Seasonable doubt: Preparers discuss hiring temp help
For many tax pros, temporary staff aren't worth the trouble.

Accounting Today
Jan 06, 2020

IRS sets the opening of tax season
Filing will begin on Monday, Jan. 27, 2020.

Accounting Today
Jan 06, 2020

M&A roundup: BDO, Brown Edwards, Prager Metis and others sign deals in the New Year
BDO adds Biegel Waller; Brown Edwards expands in Virginia; Prager Metis combines with Shine & Company; Hoffman Eells merges with Abbott, Frenyea & Russell; and Mariner Wealth Advisors acquires the tax practices of David G. Miller & Associates and G.M. Bremer & Associates.

Accounting Today
Jan 06, 2020

M&A roundup: 6 deals from across the country
BDO adds Biegel Waller; Brown Edwards expands in Virginia; Prager Metis combines with Shine & Company; Hoffman Eells merges with Abbott, Frenyea & Russell; and Mariner Wealth Advisors acquires the tax practices of David G. Miller & Associates and G.M. Bremer & Associates.

Accounting Today
Jan 06, 2020

AICPA announces 2020 CPA Exam score release dates
The American Institute revealed the Q1 and Q2 target release dates for the 2020 CPA Exam on Monday.

Accounting Today
Jan 06, 2020

Avii gets first external funding in two decades
The company is focusing its efforts on hiring marketing, sales and software development personnel in 2020.

Accounting Today
Jan 06, 2020

The skills of the future
The clients and markets of the future will require firms and accountants to think more clearly about the investments and effort they want to put into developing new capabilities, according to consultant Gale Crosley.

Accounting Today
Jan 06, 2020

Global tax advisors see growing demand for transfer pricing work
As tax authorities around the world crack down on corporate tax avoidance strategies, demand for transfer pricing advice is fueling growth in advisory services.

Accounting Today
Jan 06, 2020

Reeling in a big phish
Strong cybersecurity and employee training are crucial to preventing phishing attacks.

TRENDING TAGS
StocksBuy Best These here
marketstock will investors China housing
Chinareports cases virus Trade York
UFCMcgregor Conor Cerrone vs Ultimate
BuyStocks Best How these
Trumpimpeachment Legal team CNN Democrats
Stockmarket Investors Buy here
Reporting
Namevulgar translation Chinese leader Facebook
CEO

NEWS SOURCES
Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money
CNN/Money Real Estate News
Dismal.com: Analysis
Dismal.com: Indicators
Enterprise Application News
Entrepreneur.com
Forbes Headlines
Forbes Social Media News
FT.com - China, Economy & Trade
FT.com - Financial Markets
FT.com - Hedge Funds
FT.com - Telecoms
FT.com - US
Google Business News
Google Market News
HBS Working Knowledge
Inc.com
INSEAD Knowledge
International Tax Review
Kiplinger
Knowledge@Wharton
L.S. Starrett News
MarketWatch
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly
MSNBC.com: Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
OpinionJournal.com
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money
SEC.gov Updates: News Digest
SHRM HR News
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ US News
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • 617 482 1200
    617 299 8649 (fax)
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2020 CEOExpress Company LLC