Economy

It’s that time of the year again — Accounting Today is putting together its VAR 100 ranking of the top value-added resellers of accounting and accounting-related software by revenue.

Setting up your firm to focus on serving the accounting needs of a specific industry, or special service, is a powerful way to set your accounting practice apart from the rest.

Four days before the filing deadline, the IRS quietly added 21 questions to its website page of frequently asked questions about issues related to Section 199A, the new 20 percent deduction for pass-through businesses.

As the U.S. retirement savings crisis continues to grow, legislators are taking steps to ensure all employees have access to formal retirement savings programs.

The proposed regs were a long time in coming, but generally taxpayer friendly. Here are seven key updates.

Small businesses across America are asking the same question: Am I operating in the correct entity to maximize tax savings?

One of China’s largest listed drug makers said related parties used the firm’s funds to trade its shares, a day after the securities regulator alleged financial data had been fabricated.

If you have wealthy clients who need these kinds of services, it can be a gold mine for CPAs, according to John Napolitano.

The clarification might lead to problems for some museums.

PKF O’Connor Davies appoints leader to cannabis industry practice; MSCPA takes CEO Action for Diversity & Inclusion Pledge; and more CPA news.