The Latest

The former bankers have told criminal investigators the bank is still helping U.S. clients hide accounts, even after paying $2.6 billion in penalties and promising to stop the practice.

The “quarterback” of billionaire Robert Brockman’s medical team testified that the 80-year-old Texas software mogul is moderately demented and getting worse.

It’s a cliche that’s out of date, advisors say; instead, investors should actively consider the tax consequences before making market moves.

Accounting Principals has issued its annual salary guide for accounting and finance professionals as the labor shortage that’s been hitting so many industries this year has also driven demand for accountants.

Ernst & Young acquired Tao Leadership; Withum added Glick & Associates; Erickson, Brown & Kloster plans to combine with Osborne, Parsons & Rosacker; and Harris CPAs merged in Ataraxis Accounting and Advisory Services and Deagle Ames.

The New Jersey Society of CPAs awarded 10 of its members $750 each to go toward their CPA Exam fee costs.

How things look is important and can create interest, excitement, buy-in or acceptance.

The expense management solution lists on Nasdaq; a roundup of funding rounds for accounting software companies; and more tech tools for accountants.

U.S. legislation designed to protect trillions in assets from chaos when global regulators phase out the interest-rate benchmark Libor is being held up in the House.

Negotiators hammering out details of a new global corporate tax regime are shaping the deal to maximize its chance of winning acceptance in the U.S.