Two Senate committee chiefs are looking at ways to raise taxes on companies paying workers less than $15 an hour, as part of a new strategy to include President Joe Biden’s push to boost the minimum wage to that level in his COVID-19 aid bill.

Lumsden & McCormick promotes four; Oklahoma Society of CPAs announces 2021 Trailblazer and Path Finder award winners; and more CPA news.

Senate Majority Leader Chuck Schumer is weighing adding a provision to the $1.9 trillion COVID-19 relief plan that would put a penalty tax on big companies that don’t pay workers at least $15 an hour, a Democratic aide said on condition of anonymity.

Even after the coronavirus, the accounting profession will need to keep changing and adapting at a rapid pace.

The Top Five Firm welcomed 14 inaugural organizations from a wide range of industries to "actively enhance diversity, equity and inclusion within their organizations."

To best serve your clients, and your own firm, these are the top items to closely monitor in the year ahead.

Professionals from Top 100 Firm PKF O'Connor Davis share the strategies they're using to maintain firm culture in a remote environment.

Delaying filing; inbox anxiety; a new voice; and other highlights from our favorite tax bloggers.

A new report from the IMA and CalCPA also found that 43 to 55 percent of female, nonwhite, and LGBTQIA respondents polled have left a U.S. accounting company due to a perceived lack of equitable treatment.

The Big Four firm created the program to give more people of color the opportunity to become CPAs.

The vaccine rollout may not be happening as fast as we’d like, but an end to the worst of the pandemic is on the horizon. Is your firm ready for it?

New guidance shows how employees and employers can carry over unused money from flexible spending accounts and dependent care assistance programs.

Paul Knopp, KPMG U.S. Chair and CEO, posted an internal message on LinkedIn reiterating the firm's condemnation of "discrimination, harassment or racism" against Asian-Americans during the COVID-19 pandemic.

The CPA Consultants Alliance held its annual meeting online to discuss challenges confronting the accounting profession from COVID-19 and elect a new slate of officers for this year.

Growth consultant Gale Crosley talks about taking a practice across the country and around the world.

The Top 20 Firm will hold an annual summer program designed to recruit, develop and retain minority accounting students with a Diversity Leadership Summit and internship opportunities.

Household employers have seen a rapid increase in labor law requirements, as well as state and municipal paid time off and paid sick leave ordinances.

The pandemic has yet to subside in any meaningful way, and that means a certain level of uncertainty remains across industries, including accounting.

Managing a practice is a separate business by itself and needs the care and attention you give to the professional services part of your practice.

Your clients may have heard conflicting advice — they must change their IRA beneficiaries, spend down their IRA as soon as possible, dismantle their trust, or immediately convert their traditional IRA to a Roth IRA, Sophia Duffy writes.