Trump plan seen increasing taxes on some middle-income people

By 2027, almost 30 percent of individuals with incomes between $50,000 and $150,000 would see their taxes rise under the elements of a Republican framework for tax legislation released this week, according to an analysis released Friday by the Urban-Brookings Tax Policy Center.


SEC provides relief and help for hurricane victims, including accountants

The Securities and Exchange Commission is providing regulatory relief and assistance to accountants, public companies, investment firms, municipal advisors and other affected by Hurricanes Harvey, Irma and Maria.


Former Intuit exec Jim McGinnis joins Wolters Kluwer

He will serve as executive president and general manager for the medium and large segment for the Tax & Accounting North America business unit.


A look inside Trump's and the Big Six’s tax reform framework

The document provides more detail than a number of other tax reform documents that have emerged from the Administration over the past few months, but it still leaves many specifics to be worked out by Congress’s tax-writing committees.


Implementing CECL for the long run

FASB’s new Current Expected Credit Loss (CECL) standard brings a significant change to credit loss accounting, and the road to compliance presents many challenges for financial institutions.


Ending the state, local tax deduction is up for negotiation, Cohn says

Trump isn’t tied to eliminating the break, which is popular in states with high rates, like New York, New Jersey and California.


The GOP tax framework: What would change?

Experts at Bloomberg BNA highlight the most important changes the Republican leaders’ nine-page proposal could lead to.


Ideagen rebrands Pentana, offers new compliance and oversight suite

The collection includes and audit, performance and accounting standards checklist software.


American Woman's Society of CPAs to join AICPA

The female advocacy group, founded in 1933, will join the institute’s Women’s Initiatives Executive Committee.


Ineffective partners and how to deal with them

When others in the firm see ineffective partners endure year after year and overstay their welcome, it’s demoralizing.