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SCOTUS rules 5-4 to give states greater power to make out-of-state retailers collect online sales taxes.

The consulting firm recognized its most recent group of high-potential candidates who completed the one-year professional development program.

The changing revenue recognition and leasing rules are prompting various strategies to deal with them.

Bloomberg Tax has introduced an ASC 606 solution for its Advantage tax management system to help companies comply with the new revenue recognition standard.

Accountants can gain access to the company’s software at a discount, improving margins on value-added services at their firm.

The Financial Accounting Standards Board hopes to improve the financial reporting for stock compensation.

The money will go to growing its AI, machine learning and cloud capabilities, competing against SAP, Oracle and other business software giants.

The European Union is on course to hand dozens of U.K.-based companies a pre-Brexit tax bombshell, according to people familiar with a state-aid probe that could lead to bills exceeding 1 billion pounds ($1.3 billion).