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John Hewitt, the president, CEO and chairman of Liberty Tax Service, is anticipating increased business for preparers this tax season thanks to the Affordable Care Act and the boost in employment from the increasingly robust jobs market.

Baker Tilly International brings in new member, new accounting firm in South Carolina, and more…

New hires, promotions and more…

The Tax Court has held that an egg donor must include in income the compensation she received from an egg donation agency that matches egg donors with women and couples struggling to conceive on their own.

PKF Texas tax directors, Rafael Carsalade, Jim Streets and Alison Muecke, have been named shareholders in the firm, practicing in the tax services group.

The International Auditing and Assurance Standards Board has issued proposals aimed at improving auditor reporting on special purpose financial statements.

The owner of a New Jersey tax practice who primarily serviced expatriate clients has been sentenced to 24 months in prison for willfully preparing false tax returns for clients.

A weekly roundup of accounting firm mergers and acquisitions …

Beyond the expected calls for tax fairness and middle-class relief, the President’s State of the Union address touched on a number of other significant topics.

SWK Technologies signed a non-binding letter of intent to acquire fellow Sage and Acumatica reseller Accounting Technology Resources.

Key challenges facing small- and medium-sized practices in the accounting industry worldwide have been identified as attracting new clients and complying with regulations and standards, according to a new survey by the International Federation of Accountants.

A lawmaker has filed legislation in Congress to allow student loan debt to be treated like other forms of debt that can be discharged in bankruptcy proceedings.

The Financial Accounting Standards Board is still in the process of deciding whether the revenue recognition standard that it converged last year with the International Accounting Standards Board should be delayed to allow more companies to adjust to it before the new rules take effect in 2017. But that doesn’t mean companies should wait in case there’s a postponement.

Joe Langner, executive vice president and general manager of mid-market solutions for Sage North America, is leaving Sage after more than three years with the company.

Edwin J. Kliegman, a co-founder of Top 20 Firm Marcum, a founding father of the National Conference of CPA Practitioners, and a passionate champion of small CPA practices, has died.

According to new statistics gathered by the New York State Education Department, the number of New Yorkers obtaining a Certified Public Accounting license from the state remained constant, albeit lower, in 2014.

Treasury Secretary Jack Lew said Wednesday that congressional Republicans and the Obama administration are too far apart on individual tax reform but could reach an agreement on business tax reform.

Xero introduced a new Quotes feature, directly integrated into its invoicing capabilities so customers can streamline the sales process from initial quote through the creation of an invoice.

McGladrey chief economist Joe Brusuelas talks about the risks that the European and Chinese economies pose to the U.S. economy and investors, in an interview with Accounting Today editor-in-chief Dan Hood.

With the top income tax rate at 39.6 percent, advisors need to be savvy about the tax-saving strategies they utilize for their high net-worth clients.