Economy

IRS guidance for on deductions for passthrough entities answers many questions — but raises still others

On the whole, the final regs follow earlier proposals, with some changes to address taxpayer concerns.

Deloitte Touche Tohmatsu Limited has designated Sharon Thorne to be the next chair of the firm’s global board of directors, starting in June. She will be the first woman to chair Deloitte’s global board.

FAF announces new board members; Armanino expands privacy services practice; and more CPA news.

The program encourages the private sector to diversify their investment portfolio while revitalizing urban and rural districts that face economic challenges.

Utilizing different types of workers can bring different types of regulatory and tax challenges.

The complexity of everything that needs to be done is making running a practice more difficult for many small firms.

A report that the lender was involved in money laundering is being probed in Denmark over the Estonian dirty-money scandal surrounding Danske Bank.

You’ve no doubt been offered the opportunity to purchase inexpensive term insurance through your association, but what happens when you get older?

You did it. You went out on your own, started your own accounting practice, and now you’re on to the next step: growth.

The uncertainty over Brexit had a negative impact on the performance of consulting firms in the United Kingdom last year, including the Big Four, according to a new report.

The Big Four firm is seeing signs of trouble ahead for companies, despite the strong economy in the U.S. right now.

The best exit plan is to make your firm more attractive to prospective buyers.

The North Carolina-based CPA firm is partnering with the financial technology provider to offer client accounting services to dentists.

The Committee of Sponsoring Organizations of the Treadway Commission is issuing new guidance amid heightened regulatory scrutiny of the health care sector.

Bill.com has eliminated wire transfer fees for businesses paying electronically in local currencies using its International Payments solution.

The Internal Revenue Service is being urged to focus more on improving self-employment tax compliance as the so-called “gig economy” continues to expand.

New regs offer guidance for owners of rental properties.

You can ignore change -- or you can prepare for it and leverage it, says Joe Woodard, who dives into the tools that are changing accounting.

The Tax Cuts and Jobs Act bars syndicates from using simpler methods of preparing their taxes.