The Latest

In discussing strategy and driving forces for the CPA firm, the word “accountability” comes up several times, and it occurred to me that most partners and managers might not understand the difference between responsibility and accountability.

Payroll giant ADP has introduced additional tools to enable small businesses to comply with the complicated provisions of the Affordable Care Act.

The Internal Revenue Service has released a set of proposed regulations to prevent abuses of the partnership basis adjustment rules, disallowing partnership loss transfers to avoid some of the abuses uncovered by the Enron scandal.

The International Federation of Accountants, a global organization for the accounting profession with 179 members in 130 countries, has issued a Call for Nominations for the IFAC Board and Committees in 2015.

The Internal Revenue Service has decided to postpone a change it had planned for this year to limit the number of e-file signature authorization documents for filing Form 1041 estate and trust tax returns to a single 1041 return rather than multiple returns.

The plaintiffs who lost a recent lawsuit trying to prevent the federal government from providing tax credits to purchase health insurance on federal exchanges have filed for an expedited appeal in the case.

Keeping an eye on all of the legislative and regulatory changes that occur throughout the course of the year is no easy task.

Cindy Fornelli, the executive director of the Center for Audit Quality, has long been an influential person in the accounting profession and is a perennial member of Accounting Today’s annual list of the Top 100 Most Influential People.

The Institute of Management Accountants has recently endorsed the undergraduate accounting programs at Michigan State University and Brigham Young University, joining Pennsylvania State University and Washington State University Vancouver, whose programs have already been endorsed by the IMA.

Swiftpage has released Saleslogix version 8.1 for purchase internationally in English, adding a suite of new social media and mobile capabilities.