The Latest

As value-based pricing is typically presented, the first steps for transitioning a firm from hourly billing to a value based model are hard to find. Below I’ve outlined a process that will help your firm travel to this strange new place.

Democratic presidential nominee Hillary Clinton and her husband, former president Bill Clinton, earned adjusted gross income of $10.6 million in 2015 and paid $3.6 million in federal income taxes, according to a tax return her campaign released Friday as it sought to draw a contrast with her Republican rival, Donald Trump.

BKR International recently presented its annual scholarship awards to honor global accounting students for their individual achievements in the profession. The program awards $3,000 per student toward the cost of obtaining an accounting credential in their respective countries.

Wolters Kluwer Tax & Accounting North America is previewing the 2016 version of its TaxWise Online software.

Intuit has partnered globally with Etsy to offer Etsy sellers in the U.S. and U.K. the QuickBooks Self-Employed solution.

Rupert Grint, who played Ron Weasley in the Harry Potter movies, failed in an effort to recover approximately 1 million pounds on his tax refund from the United Kingdom, showing that Expelliarmus spells don’t work with the U.K. tax authorities.

The Internal Revenue Service is unable to prevent contractors with unpaid taxes from receiving payments, according to a new report, despite legislation authorizing it to do so.

Sen. Charles Schumer, D-N.Y., is urging Congress to exempt Olympic medalists from taxes on their medals and monetary bonuses.

The AICPA announced on Tuesday the winners of the Notable Contributions to Accounting Literature Award, presented at the American Accounting Association Annual Meeting in Manhattan. Top honors went to the article "Earnings Quality: Evidence from the Field," which appeared in the Journal of Accounting and Economics in 2013.

Donald Trump’s campaign is preparing to tweak one of his boldest tax proposals out of concern that it might lead some high-income earners to try “to scam the system,” one of the Republican presidential nominee’s economic advisers said.