The Latest

The Internal Revenue Service has released final regulations for disbursements from Roth individual retirement accounts, removing the allocation rule for disbursements from designated Roth accounts to multiple destinations.

The Institute of Internal Auditors (IIA) announced this week that Hunter Martin, a master’s student from Union University in Jackson, Tenn., is the inaugural winner of a $1,000 scholarship from Internal Auditor Magazine for his winning essay, "“IPPF Update Clears the Smudges on the Window Looking into the World of Internal Auditing."

Sen. Ron Wyden, D-Ore., the ranking Democrat on the Senate Finance Committee, released a legislative discussion draft Wednesday to lay the groundwork for tax reform in the area of financial derivatives.

BDO USA LLP has expanded to Utah by merging in Mantyla McReynolds LLC, a firm based in Salt Lake City.

Donald Trump claimed income of more than $557 million over the last year, though the campaign provided few details on the sources of the money.

Burning the midnight oil is about to pay off for millions of U.S. millennials.

It’s that time of the year again—Accounting Today’s VAR 100 list, ranking the top value-added resellers of accounting and accounting-related software by revenue.

CPAs with technology: You have the power to change your customers’ lives. Now, don’t worry, I’m not about to get all preachy on you. It’s actually the title of a white paper I wrote with Fundbox. Fundbox, if you’re not familiar, is an online financial solution that helps small businesses fill in their cash flow gaps.

Highlights of some of our favorite tax-related blogs from the past week.

The leasing standard that the Financial Accounting Standards Board released in February is going to require some extra training for businesses from their accountants and could lead to some re-evaluations of clients’ leasing obligations.