Finance

Policy makers voted 8-1 to lift their key rate to a target range of 0.25% to 0.5%, the first increase since 2018, after two years of holding borrowing costs near zero.

The tax software can now directly import crypto data; small businesses feel confident; Modern Accounting Award nominations now open; and other accounting tech stories

Companies are undoubtedly raising prices. The question is whether they are exploiting a surge in consumer demand or merely passing on their own higher costs.

Citrin Cooperman, a Top 25 Firm based in New York, has expanded its presence to South Florida by adding two firms, Appelrouth, Farah & Co. PA, in Coral Gables, and Bloom, Gettis & Habib PA, in Miami.

Automation and collaboration platform Fieldguide announced it has closed on $17 million in Series A funding at a $100 million valuation.

The past year raises a number of questions for the next 12 months.

Accounting firms are beginning to realize the value of this form of offshoring for solving staff shortages and much more.

Warren Averett became the latest accounting firm to receive capital from a private equity or investment firm, but in this case the money will go to the firm’s asset management subsidiary.

The Internal Revenue Service provided detailed reporting directions Wednesday for certain passthrough entities and taxpayers reporting partnership interests held in connection with the performance of services, often referred to as “carried interest.”

Midsized to large CPA firms may be considering a private equity transaction, but there is much to be considered beforehand.

Accounting Today mourns the loss of our longtime columnist Dom Esposito. In this column, he and consultant Tony Zecca write about the trend of private equity firms investing in CPA firms.

Private equity firms are increasing their funding of accounting firms in a pair of deals announced this week, with Lightyear Capital partnering with Schellman & Co., and CVC Capital Partners investing in CFGI.

Two of the most generous tax loopholes are on the chopping block, the latest surprise in emerging tax increases.

The company plans to expand its enterprise offering and release additional AI capabilities for U.S. and European customers.

What are the rules of setting up an alternative practice structure when a private equity firm invests in a CPA firm?

A strategic investment from Amex Ventures finishes this Series A round for Lockstep.

The startup uses artificial intelligence to track cash flow and do bookkeeping.

Two senior Democrats are proposing a bill that would go further than President Joe Biden’s plan and potentially raise quadruple the revenue.

The Top 20 Firm received an investment from TowerBrook Capital Partners and is separating the non-attest side into an entity called Eisner Advisory Group LLC.

The company automates all aspects of cryptocurrency tax compliance, and is looking at a valuation north of $1 billion.