The Latest

The American Institute of CPAs has sent a letter to the Internal Revenue Service requesting additional guidance about how existing tax principles apply to virtual currency transactions, such as those in Bitcoin.

This week I digress from my autobiographical stories. I understand that Ben Affleck will be playing an accountant in a movie he is now filming, but until then here are my top 10 movie roles of accountants.

College Choice, an online resource ranking various college programs and institutions, recently unveiled their 2016 ranking for the best online master's in accounting programs. The University of Massachusetts and their Isenberg School of Management topped the list for digital master's programs.

Lear & Pannepacker, LLP has merged in the firm of Jay Lesser CPA, PC, in Plainsboro, N.J.

The Securities and Exchange Commission said Monday it will allow companies to voluntarily file structured financial statement data in a format known as Inline XBRL.

KPMG stepped down as FIFA’s auditing firm as soccer’s world governing body races to clean up a reputation dented by allegations of bribery and corruption.

The Connecticut Society of Certified Public Accountants (CTCPA) announced last week that the Society has presented two Connecticut accounting educators with their 2016 Educator of Excellence awards at the organization’s Recognition Reception held in Plantsville.

The Internal Revenue Service has issued a revenue ruling clarifying when a real estate developer can exclude cancellation of debt income under the qualified real property business indebtedness exclusion in Section 108(a)(1)(D) of the Tax Code.

The IRS has announced the winners of its first crowdsourcing competition, the “Tax Design Challenge,” that encouraged innovative ideas for the taxpayer experience of the future.

Wolters Kluwer Tax and Accounting has introduced technology to help audit automotive and equipment dealerships.