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Seattle levied an annual tax of about $50 million on big companies last week to help solve the city’s homeless problem. The tax was watered down from the original proposal but it was controversial and pitted the city against its most powerful corporate resident, Amazon.com Inc.

A New York Republican introduced legislation in the House that would waive the new tax on about 30 wealthy college endowments if they spend 25 percent of their annual investment earnings on reducing the cost for middle-income students.

The new direct deposit offerings allow employers to pay contractors faster, and employees on the same day.

President Donald Trump’s tax overhaul could wreak havoc on prenuptial agreements across the country — and maybe even his own.

Accountants can now use the payment software within the Sage 50Cloud accounting platform.

Facebook dinged in California; New York State of workaround; SEC spoof; and other highlights from our favorite tax bloggers.

The U.S. House has approved a sweeping overhaul of bank regulations, sending to President Donald Trump a bill that will give him a chance to make good on his vow to "do a big number" on the Dodd-Frank Act.

Even as their job gets easier, the largest auditors impose greater charges the longer they’re auditing a company, according to a new academic study.

Thomson Reuters released a report Tuesday examining how states are imposing corporate income taxes on out-of-state e-commerce sites.

The Governmental Accounting Standards Board has released implementation guidance with questions and answers to explain and elaborate on some of its recent standards.

Workers are forced to draw on their 401(k) retirement savings for more immediate needs, according to a new survey by PwC.

Martin Baumann's leaving follows last week's resignation of inspections director Helen Munter.

Frankfurt prosecutors confirmed that they have charged six people — including three former London-based investment bankers — for allegedly getting improper refunds on dividend tax.

A divided court ruled that employers, including Ernst & Young, can force workers to use individual arbitration instead of class-action lawsuits to press legal claims.

The updates will go into effect starting with the November 2018 exam.

Revenues and memberships are up, and expected to keep rising in 2018.

A couple of weeks ago I had lunch with Sidney Kess and Chaya Siegfried.

The AICPA chief challenged the profession to embrace changes in auditing, technology and more.

Luke Harris, an accounting graduate student at the university, is this year's winner of the longstanding award.