The Latest

Tip: Everybody likes a little unexpected cash.Few things are as welcome as money you weren’t expecting.

The Financial Accounting Standards Board has released an accounting standards update on how to treat consolidations of interests held through related parties that are under common control.

With the first fiscal year for the new California film tax incentives now complete, the California Film Commission issued a report today that said the $220 million in funding that became available in fiscal year 2015-2016 generated $1.5 billion in direct in-state spending from film and TV production, including $600 million in below-the-line wages.

This week, during the 12th annual CCH Connections User Conference in Washington, D.C., Wolters Kluwer unveiled a number of updates to CCH Axcess, the cloud-based, modular tax workflow solution suite.

The American Institute of CPAs has installed Kimberly N. Ellison-Taylor, global accounting strategy director for Oracle America, as the new chairman of the board of directors, making her the AICPA’s first African American female chairperson.

The federal tax audit that emerged as an issue in Donald Trump’s campaign would turn into another problem altogether if the Republican nominee wins the election—and gains the power to pick the next Internal Revenue Service chief.

Let’s not ignore the 500-pound (orange or blonde, you pick) gorilla in the room. Like ’em or hate ’em, Hillary Clinton and Donald Trump are on everyone’s minds right now. And with the election just a few short weeks away (can’t get here soon enough in my opinion), the chatter around them is going to increase significantly.

Intuit chairman and CEO Brad Smith sees five major technology trends impacting small businesses and the advisors serving them: social media, machine learning, the power of platforms, mobile and security.

The American Institute of CPAs is broadening the range of services to which its Statements on Standards for Accounting and Review Services apply, covering not only reviews of financial statements, but also preparation of financial statements and compilation of prospective financial information.

The Internal Revenue Service plans to make changes in how it deals with people who don’t file tax returns to collect billions of dollars in lost tax revenue, according to a new report.