The Latest

President Barack Obama held out the prospect that the administration and congressional Republicans can reach a deal on revamping the corporate tax code and said he wanted to start discussions early next year.

The American Institute of CPAs’ Employee Benefit Plan Audit Quality Center has released an advisory document on the importance of hiring a quality auditor to perform employee benefit plan financial statement audits, along information to help select a quality auditor.

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

The private sector added 208,000 jobs from October to November, according to payroll giant ADP, reflecting steady growth in the economy.

In the newly created role, Phil Wilson is responsible for overseeing all client services and business operations in the firm’s California offices.

Accounting Degree Review, an online resource for accounting education and related topics, recently published their 2014-2015 affordability rankings for residential undergraduate accounting programs. The rankings include the thirty most affordable accounting schools based on annual tuition and fees for out-of-state incoming freshmen enrolling in the 2014-2015 academic year.

Mary Meeker is famous for her technology reports. In her 2014 Internet Trends report she shows tablets growing faster than PCs ever did.

U.S. lawmakers, about to pass a short-term deal to extend dozens of targeted tax breaks, know what they’re doing is bad policy. And they’re doing it anyway.

House Republicans are moving toward a vote this week on legislation to revive dozens of lapsed U.S. tax breaks and extend them only through the end of this year.

A Los Angeles tax attorney has received more than 6,500 pages from the Internal Revenue Service on the agency’s Offshore Voluntary Disclosure Program and how it trains its agents.