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Hillary Clinton is calling for a 4 percent tax surcharge on Americans making more than $5 million annually, a move that would lead to the highest top U.S. income tax rate in 30 years.

The Center for Audit Quality issued a new report Tuesday describing some of the feedback it has received on the audit quality indicators it has been pilot testing with auditors and audit committees.

As a generational shift in the workforce continues to be a factor, job-makers can only use more research. A new white paper by Bruce Tulgan and RainmakerThinking, The Great Generational Shift: The Emerging Post-Boomer Workforce presents the latest findings from their ongoing Generational Shift study.

Rep. Tom Reed, R-N.Y., has proposed to require nonprofit colleges and universities to dedicate 25 percent of their annual endowment income to financial aid. If they don’t, they could lose their tax-exempt status.

I have never felt annual staff evaluations are effective. They are forced meetings that lay on complaints and blame for past failures, many of which are not remembered or are vague memories at best.

The number of going concern opinions declined in 2014, but mainly because many of the companies identified as being in trouble by their auditors in previous years actually did go out of business.

The European Union ordered Belgium to recover about 700 million euros ($762 million) in illegal tax breaks given to at least 35 companies, including Anheuser-Busch InBev NVand BP Plc, as regulators continued a crackdown on overly generous tax schemes throughout the 28-nation bloc.

Sassetti LLC has merged in Brennan & Brosnan LLC in Naperville, Ill., effective Jan. 1, 2016, expanding Sassetti’s accounting, auditing and tax practice in the suburbs of Chicago.

UHY Advisors has merged in MohnAllen P.C., doubling the firm’s size in the Maryland area.

Executives at mid-market companies are becoming more cautious about the economic outlook in the coming year, according to a new survey by Deloitte.