The Latest

What does a firm need to know to determine its interest in PE or another external capital partner? Here are 10 critical questions for CPAs and some vignettes.

The Financial Accounting Standards Board issued a proposed accounting standards update on debt exchange transactions involving multiple creditors.

Employers added only 62,000 jobs and annual pay grew 4.5% year over year, payroll processor ADP reported.

Republican lawmakers pushing for the expansion of the state and local tax deduction are slated to meet with House Speaker Mike Johnson about the $10,000 cap.

Treasury Secretary Scott Bessent said the European Union has some "internal matters" like the DST to sort out before the bloc can enter into trade negotiations.

In an ideal world, your general ledger is streamlined, automated and does financial reconciliations. In reality, most accountants still default to Excel.

Jackie Marie and her accomplices hacked into an accounting firm's system for two years, changing tax returns and siphoning off the inflated refunds.

Accounting firms need to be more entrepreneurial than the profession has prepared them to be.

Mapping the talent hunt; what taxpayers don't know; new blog on the block; and other highlights from our favorite tax bloggers.

Joel Cooperman, cofounder and former CEO of Citrin Cooperman, left the firm on March 31 after over 40 years.