Raffa and RSM are the first accounting firms to join the newly expanded strategic partner program.
A firm’s staff-to-partner ratio says a lot about how well they’re delegating.
A federal court in Minneapolis has found Wells Fargo liable for a 20 percent negligence penalty for participating in a tax shelter sold by Barclays Bank that generated $350 million in foreign tax credits.
CalCPA debuts new headquarters; Bloomberg BNA announces recipients for outstanding authorship in taxation; and more company news.
Practitioner groups are taking their members’ concerns to Washington.
The American Institute of CPAs’ Auditing Standards Board has released a new interpretation for practitioners performing attestations using more than one set of standards.
The Texas legislature has passed a bill granting an exemption to CPA firms allowing them to provide a limited amount of insurance services to clients without being subject to sales taxes.
Postlethwaite & Netterville, a firm based in Baton Rouge, La., has selected one of its directors, Dan Gardiner, as its next CEO and managing director in May 2018, succeeding the current CEO, Bill Balhoff.
The Treasury Inspector General for Tax Administration has concerns about the Internal Revenue Service’s recently revived private debt collection program in light of the ongoing problem of scammers pretending to be IRS employees calling taxpayers to demand bogus tax debts be paid immediately.
President Trump’s budget would aim to cut approximately $3.6 trillion in government spending over the next decade, some of which would be attributable to eligibility changes relating to the Earned Income Tax Credit and the Child Tax Credit, and some of which would result from specific actions undertaken by the IRS to reduce improper payments made by the government.