Economy

Cybersecurity is top of mind today for accountants, but accounting professionals have to keep in mind the vulnerability of their clients, and different types of clients face different levels of risk.

Four family members belonging to a Utah polygamist group admitted defrauding the U.S. of $512 million in renewable-fuel tax credits, with the leader saying the mastermind was an Armenian immigrant who owns a small oil and gas empire in Southern California. That businessman now faces trial alone.

LinkedIn added a new feature Tuesday for freelancers and small businesses to market services such as accounting and tax preparation.

The American Institute of CPAs has sent a set of recommendations to the Internal Revenue Service about accounting methods for small-business taxpayers and how to determine whether a taxpayer qualifies as a small business.

The Democratic presidential candidate rolled out a policy blueprint to slash prescription prices when they cost less in other developed countries.

The provider of web-based lease accounting software has acquired an Australian company that has developed online real estate administration software.

The Paris-based firm has expanded beyond its Mazars USA base in New York and is partnering with BKD, Dixon Hughes Goodman, Moss Adams, Plante Moran in the U.S. and MNP in Canada.

Without healthy, profitable growth on the top and bottom lines, any firm will struggle and ultimately die.

NJCPA also opens new offices; MarksNelson closes doors for Volunteer Day; and more CPA news.

Two users share their experiences with different NFP packages.

Employment growth slowed down last month, particularly among the smallest companies.

Accounting Today's annual ranking of the leading value-added resellers in the accounting space.

Small business job growth declined 1.09 percent year-over-year in June, but hourly earnings growth rose for the third consecutive month, according to payroll giant Paychex.

Marijuana businesses are growing fast, but it's a complicated market that accountants need to really understand before they jump in, according to Dave Roberson and Maureen Ryan of Kukuza Associates.

Americans gave less money to charities last year partly because the Republican tax law changes made many people ineligible for tax breaks that can inspire donations.

The Financial Accounting Standards Board is considering giving privately held companies and not-for-profit organizations an extra two years to implement standards.

NFPs can fall prey to a cycle where overspending on services leads to a lack of investment in infrastructure and expanding capabilities.