The Latest

H&R Block and Liberty Tax have been expanding from traditional tax preparation services into other areas such as bookkeeping as they reach out to service small business clients year-round, giving traditional accountants some extra competition.

Wipfli announced a partnership with Vertex SMB, the sales and use tax solutions provider for small and medium-sized business, to deliver a solution to that market.

Adding a set of simple sentences to your firm’s engagement letters could go a long way to making your firm safer from lawsuits, a legal expert told accountants at the Midwest Accounting Show.

Many of the biggest concerns for accounting firms in the future relate to people issues, according to Illinois CPA Society president and CEO Todd Shapiro.

AccountantsWorld has redesigned Website Relief, the company’s cloud-based software for helping accounting firms create websites and virtual offices.

The American Institute of CPAs (AICPA) has announced the 2014 graduates of its Accounting Scholars Leadership Workshop (ASLW) program.

The Internal Revenue Service has reportedly filed a tax lien against actress, singer and model Vanessa Williams for $369,249 in unpaid taxes dating back to 2011.

Dale Jensen has been appointed partner-in-charge of Weaver’s oil and gas industry practice.Brad Jay has been tapped as partner-in-charge of the firm’s manufacturing, distribution and retail industry practice.

The Indiana CPA Society's recently established CPA Center of Excellence has published a new book on “CPA Excellence.”

Billionaire Warren Buffett was an ally of President Barack Obama during the 2008 presidential campaign and the force behind Obama’s “Buffett Rule,” designed to increase tax bills for the wealthiest Americans.