The Latest

Firms should be forced to legally separate their “cash cow” consulting work from their auditing businesses, a U.K. Parliament committee said.

Grooming IT professionals in accounting firms calls for specific skills.

Accounting Today lays out the top expense management packages side by side.

QBI; rental pitfalls; the letdown of the TCJA; and other highlights from our favorite tax bloggers.

The IRS is offering extended deadlines and penalty abatement for some taxpayers.

The House Ways and Means Committee voted to approve legislation that would relax the rules for those saving for retirement.

The top Democrat on the Senate Finance Committee, Ron Wyden, is reviving a plan that would tax wealthy individuals annually on their investments, instead of when those assets are sold.

The far-reaching bipartisan legislation would overhaul key facets of the way the Internal Revenue Service operates, including the appeals process.

A new report from the AICPA and North Carolina State University found that 69 percent of finance leaders admit to not having a complete risk management process in place.

The rate of job growth at small businesses slowed in March, but wage growth continued at a healthy pace, according to payroll giant Paychex.