The Latest

Lionel Messi, the record five-time world soccer player of the year, appeared in a court in Barcelona Thursday as he seeks to defend himself in a tax evasion case that has cast a spotlight on the financial dealings of elite sport stars.

The end of the 2016 primary season is in sight, and while many significant (and some less significant) issues have received ample attention, taxes have played a somewhat less prominent role.

When I engage in planning workshops, the subject of succession and exit strategies is front and center in the long-term vision of the firm: forcing current partners to look at potential future partners and consider their ability to grow the firm and fund an exit.

Two new surveys highlight the differing financial situations of older and younger adults.

The XBRL US Data Quality Committee has released an analysis showing big improvements in the quality of filings in Extensible Business Reporting Language format by companies that follow a new set of validation rules.

Crowe Horwath LLP has merged in AbleBridge, a Westborough, Mass.-based software company and consulting firm that develops and sells technology built around the Microsoft Dynamics Customer Relationship Management system.

Dixon Hughes Goodman LLP has expanded to Maryland by merging in Stegman & Company, reputedly the oldest Maryland-based CPA firm, on June 1.

Marcum LLP has merged in Lautze & Lautze CPAs & Financial Advisors, an accounting firm in San Francisco and San Jose, Calif., effective June 1.

The New York State Society of CPAs (NYSSCPA) inducted Albany CPA F. Michael Zovistoski, a partner at UHY, as its 97th president on May 19 at the NYSSCPA’s Foundation for Accounting Education (FAE) Moynihan Fund Gala, the Society announced this week. Zovistoski's one-year term begins June 1.

Accounting Today columnist Jody Padar and former Accounting Today senior editor Liz Gold are co-hosting a new podcast series, “Let’s Get Radical.”