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Is reality what something actually is or what people perceive it to be? Jack Welch of GE fame once said that reality is “seeing the world as it is rather than as you wish it were.”

The U.S. Supreme Court stayed out of the multibillion-dollar fight over Internet sales taxes, leaving intact a New York law that forces Amazon.com Inc. to collect money from customers in that state.

The Internal Revenue Service has released the final regulations for the 0.9 percent Additional Medicare Tax that was imposed as part of the Affordable Care Act.

Software partner veteran Terry Petrzelka, now a valued advisor and consultant to vendors and resellers discusses some of the trickier issues related to vendor/partner relationships, particularly when it comes to ending them as well as how to deal with discontinued product development.

Sage North America partner BrainSell Technologies has purchased Holliston, Mass.-based partner K-Four Systems for an undisclosed amount.

The Internal Revenue Service has made progress in its ability to correctly assess penalties on U.S. taxpayers who are late in filing information returns on their involvement in foreign corporations, but it often abated the penalties when it didn’t need to, according to a new government report.

The U.S. Treasury Department has signed intergovernmental agreements with the Cayman Islands and Costa Rica in an effort to combat offshore tax evasion as part of the implementation of the Foreign Account Tax Compliance Act.

Ernst & Young LLP agreed to pay investors $99 million to settle litigation over its auditing of the bankrupt Lehman Brothers Holdings Inc., according to a filing in federal court in Manhattan.

Social media, the cloud and value pricing can help you advance

A survey of retirement and buyout policies at leading CPA firms

Lessons learned from a fraudster's paradise

A roundup of audit and attest news from the previous month

How do you measure your value as an accountant?

Most firms are discussing higher-valued advisory services, yet few have succeeded at scaling and building a team of successful advisors

Our roundtable of experts discusses the latest in this burgeoning practice area

These skills aren't just for younger accountants anymore

Tax preparers face a roster of issues going into the 2014 filing season

Some new things to try in the New Year

Tips for your clients as 2013 draws to a close