The Latest

Scott Worley has been promoted to partner at Herbein Wealth Management LLC.

Almost two thirds of accounting firms will keep their technology budgets unchanged from last year, according to a new survey.

Private-company CEOs' optimism as they enter 2014 is fueling growth and hiring plans for the year ahead, according to PwC US's latest Private Company Trendsetter Barometer, which found 43 percent of the leaders of private companies surveyed signaling confidence in the world economy, the highest level since the first quarter of 2011.

Small businesses in the U.S. added 10,000 jobs in January, according to QuickBooks maker Intuit, although the pace of growth slowed slightly.

Privately held companies ended 2013 with annual sales growth averaging 5.4 percent, the slowest rate of sales growth since 2009, when sales contracted an average of 5.3 percent, according to a new report from the financial information company Sageworks.

Cloud service provider Infinitely Virtual is offering three months of QuickBooks Accountant 2013 and 2014 for free for new subscriptions.

The Public Company Accounting Oversight Board anticipates signing a deal by the end of the year to inspect auditing firms located in China, a long-sought goal.

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

Refundo, a provider of low-cost tax-related bank products, has partnered with online- and app-payment provider Stripe to allow tax offices to accept credit card payments through Refundo’s online platform.

For many accounting firms, the process of upsizing or downsizing their office space can prove to be very difficult, and in some cases result in an unnecessary waste of money. For firms charged with watching the bottom line of other companies, make sure you are making the right decision for your firm.