Many firm leaders do not truly appreciate that CPA firms are in the business of public accounting and consulting to generate handsome profits and an attractive ROI for the equity partner group.

A grand jury in Georgia has indicted an Internal Revenue Service employee for stealing taxpayers’ identities and filing for tax refunds with their names.

The New York State Society of CPAs’ 4/28 event is part of their educational “Get Money Smart” campaign.

Senators ask the Public Company Accounting Oversight Board about auditing rules in the wake of a high-profile scandal involving the opening of millions of customer accounts.

President Donald Trump’s tax overhaul plan was short on specifics, but one proposal was clear enough to draw howls from residents of high-tax states. The plan would end deductions of state and local taxes from federal income taxes. Those are by far the biggest deductions for many taxpayers.

“You must pay your taxes immediately, or else,” an ominous voice on the other line says before demanding a credit-card number. Most Americans roll their eyes and hang up on these scam calls, but thousands have fallen victim, and millennials are more susceptible than older generations, a new study finds.

Accounting firms need to start building detailed succession plans to fill potential staffing gaps at all levels.

The Internal Revenue Service’s new procedure for authenticating withholding information did not go completely smoothly this past tax season, although it did hold promise for combating identity theft and tax fraud.

Taking a cue from the failed Repeal and Replace healthcare process, the Trump administration Wednesday released a broad outline of its tax reform plan, with many details to be spelled out in legislative form during negotiations with Congress.

The Association of Chartered Certified Accountants welcomed top officials from some of the world’s leading accounting organizations to an event highlighting the growing importance of integrated reporting.