Bipartisan support for small business R&D Credit bill

New legislation would require the IRS and the SBA to educate businesses on the subject.


AICPA launches university PFP program

The Personal Financial Planning course will look to expand its reach to more CPA students over the next year.


KPMG to pay $6.2M to settle audit failure charges

KPMG has agreed to pay more than $6.2 million to settle charges it failed to properly audit the financial statements of Miller Energy Resources, a Knoxville, Tenn.-based oil and gas company that settled accounting fraud charges last year, the Securities and Exchange Commission said Tuesday.


AICPA asks IRS to change partnership audit rules

The American Institute of CPAs is recommending a set of changes to the Internal Revenue Service’s proposed partnership audit regulations.


International standard-setters aim to increase professional skepticism

Three international standard-setting boards for auditing, accounting ethics and accounting education issued a new publication Monday in the hopes of making accountants and auditors more skeptical of management assertions.


State corporate tax policies adapt to digital economy

Internet sellers have been grappling with the murky sales tax implications of online sales for well over a decade.


Educating your clients in an uncertain health care environment

In your role as a CPA, you’re a trusted resource for your clients and that means it’s important for you to keep abreast of all regulations that could potentially impact them.


Art of Accounting: Who to hire

My best hires were those I hired out of school and trained.


McConnell gets daunting to-do list from Trump, then piles on

President Donald Trump laid out a path for Senate Majority Leader Mitch McConnell to get back in his good graces: replace Obamacare, overhaul the U.S. tax code and find a way to pay for big infrastructure improvements.


Trump will get his tax cuts, vast majority of economists believe

The reductions might not do all that much to help the economy in 2018.