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Every business owner knows that a social media strategy is necessary to remain relevant in today’s digital world. However, not everyone knows how to effectively use social media to listen to your clients and manage your firm’s reputation.

The Internal Revenue Service could be foregoing billions of dollars in potential taxes because tens of thousands of employers are underreporting the amount of their workers’ wages and withholding taxes, according to a new report.

Accounting, tax preparation, bookkeeping and payroll services topped the list of most profitable industries over the past 12 months, according to the financial information company Sageworks.

Job growth at small businesses continued to slow down last month, although wages are rising, according to a new report from payroll giant Paychex.

A group of 45 Senate Democrats has sent a letter to President Donald Trump and Republican Senate leaders calling for bipartisan talks on tax reform, but with three preconditions.

LBMC has added W Squared, a Tennessee-based outsourcing company that offers finance, accounting, payroll, human resources, technology and procurement services, effective August 1.

White House officials outlined what one of them called an “aggressive” timetable Monday for getting a tax overhaul in place before the end of the year.

The sale of U.S. partnership interest does not leave a foreign seller subject to U.S. tax, the court rules.

The explosion of services like Airbnb brings an often overlooked compliance requirement.

The Institute of Management Accountants said Monday the total number of candidates for its Certified Management Accountant credential grew a record 40 percent in the year ending June 30, 2017, reaching an all-time high of 41,000.

The firm held a toy and blanket drive for the Shriners Hospital for Children and their patients.

I do not believe the problem is how to manage the millennials; rather it is the myopic firm managers who need better management techniques.

Nearly half of corporate executives are concerned about their ability to implement the lease accounting standards, according to a survey by Deloitte.

Cognitive computing and artificial intelligence may be poised to replace a lot of the work that accountants and tax pros do, but they also offer tremendous opportunities, according to Thomson Reuters Tax & Accounting chief technology officer Tim Vanderham – and they may be coming sooner than you think.

The Sustainability Accounting Standards Board has released its 2017 Technical Agenda, listing the priorities and research areas that SASB plans to pursues this year.

The solution is a complete business management tool for firms.

The American Institute of CPAs has released an analysis of single audits and found several factors contribute to audit quality, indicating why some firms are having problems doing the audits.

Workiva customers can use a Wdesk connector or build their own integrations through the Wdesk API.

For a practice that conducts a lot of remote meetings, free conference call services are available that are on par with pricier platforms.

Republican congressional leaders doubled down on their pledge to overhaul the U.S. tax code by the end of the year after party leaders abandoned a proposal to tax companies’ domestic sales and imports.