Partnerships

The IRS is proposing to remove regulations that tried to crack down on the abusive use of basis-shifting transactions by partnerships as a way of minimizing taxes.

As private equity continues to be more and more involved in accounting, Jennifer Wilson looks into what it takes for firms to maintain their independence.

A key advantage to partnering with a wealth management firm is gaining a complete view of each client's financial picture.

As technology, regulation and client expectations evolve in 2026, accounting, tax and wealth management firms will transform into modern, relationship-based practices.

Plus, Data Ramp solution lets people process data without moving it; Rillet adds quarterly and annual financial reports, other features; and additional accounting tech news.

Going from a financial professional working for someone else to a business owner running your own firm requires shifting your way of thinking.

Less than 5% of people in accounting will ever become partners; why is it touted as one of the profession's key rewards?

Accountants at firms that have taken private equity backing are divided on the results, a new study shows.

At the IPO price, Andersen would have a market value of around $1.7 billion based on the outstanding shares listed in its filings.

Partners at firms that have chosen to remain independent are now asking whether a firm's internal buyout multiple should be adjusted.

Andersen Group, the U.S. arm of the firm that succeeded the shuttered accounting giant Arthur Andersen, is seeking an initial public offering.

Five hidden traits may be holding you back.

The firm, which now has more than 500 partners, said its deals practice shrank 4% and its audit unit was down 3.7%, while its tax business grew 3.4%.

The American Institute of CPAs has sent a letter to the Multistate Tax Commission recommending changes in a proposed approach to sourcing of partnership income.

Accounting and financial reporting solutions provider SoftLedger announced a revamped partnership program with reduced pricing for certain participating firms.

Experts at a recent conference laid out the pressures on accountants — and why firms can't afford to be passive about them.

The broader consulting services industry is battling a slowdown in demand for its traditional services, with many of them cutting jobs to tide over the slump.

Inevitable tech crossroads; 'game-changer' for a key deadline; nuptials and deductions; and other highlights from our favorite tax bloggers.

Today's accounting firms are emerging from a period of severely restricted options.