The Latest

The Internal Revenue Service and the Treasury Department intend to issue proposed regulations to address the deductibility of state and local tax payments.

Usability is the focus of the Excel-based cloud accounting software’s 40 new features.

The American Institute of CPAs has issued a new standard to provide guidance for CPAs performing compilations and reviews to address international reporting issues.

The New Jersey Society of CPAs' June gathering will give special attention to industry changes over the next year, decade and beyond.

Seattle levied an annual tax of about $50 million on big companies last week to help solve the city’s homeless problem. The tax was watered down from the original proposal but it was controversial and pitted the city against its most powerful corporate resident, Amazon.com Inc.

A New York Republican introduced legislation in the House that would waive the new tax on about 30 wealthy college endowments if they spend 25 percent of their annual investment earnings on reducing the cost for middle-income students.

The new direct deposit offerings allow employers to pay contractors faster, and employees on the same day.

President Donald Trump’s tax overhaul could wreak havoc on prenuptial agreements across the country — and maybe even his own.

Accountants can now use the payment software within the Sage 50Cloud accounting platform.

Facebook dinged in California; New York State of workaround; SEC spoof; and other highlights from our favorite tax bloggers.