The Latest

Senators Rand Paul and Barbara Boxer are proposing a tax incentive for U.S. companies to bring home their offshore cash stockpiles and pledging to use that revenue to fund highways.

The best-laid estate plans just got muddled.

Between today's focus on globalization and an increase in regulations, there's a new complexity to the role of accountant, requiring both deep skills and broad business knowledge in order to succeed. To fully prepare accounting professionals, the online Capella University has launched an Accounting CPA pathway specialization as part of its Bachelor of Science in Business online degree program.

Democrats on the Senate Finance Committee have sent a letter to the Republican chairman, Orrin Hatch, R-Utah, outlining their main principles for tax reform.

In the first Tax Court case that addressed the tax consequences of human egg donations, the court concluded that the compensation received by an egg donor for two donations of eggs was includible in her income.

The small business mentoring organization SCORE has compiled some new statistics demonstrating how much time and money small businesses spend each year on accounting, taxes and payroll administration.

KPMG announced today the members of an advisory council, comprised of proven leaders across business, sports, and the media, who will help guide the seminal KPMG Women’s Leadership Summit. The summit, hosted on-site during the KPMG Women’s PGA Championship this upcoming June, will serve to bring many of today’s most accomplished women together to inspire the next generation of women leaders.

The Financial Accounting Foundation has released its annually updated print edition of the Financial Accounting Standards Board’s FASB Accounting Standards Codification, providing the authoritative source of U.S. GAAP for public and private companies and not-for-profit organizations.

Net@Work has joined the NetSuite Solution Provider Program to provide NetSuite’s cloud ERP solutions to its clients.

Chris Lovin has worked his way up to partner-in-charge of the litigation and valuation services division of Top 100 Firm LBMC. Lovin succeeds David Wood, who is retiring from the role.