Mnuchin says U.S. can cope if debt ceiling not raised by August

‘Accounting maneuvers’ have kept the country from hitting the limit already.


Interest rates unchanged for third quarter 2017

General overpayments and underpayments remain at 4 percent.


Too many partners feel ‘untouchable’

A lack of accountability leaves to many accountants free to go their own way, says Charles Hylan of the Growth Partnership.


Firms on the move: BlumShapiro teaches financial literacy

The Connecticut firm educates grade schoolers; Marcum is honored; Sax adds a family office practice; and other news from practices across the country.


Proposed international standard focuses on learning outcomes for accountants

The International Accounting Education Standards Board has proposed a revision to its continuing professional development standards that could potentially move accountants away from gaining CPE credit in terms of a set number of hours.


10 winning IC-DISC tax strategies

U.S. exporters have been claiming the DISC or IC-DISC tax break for more than 45 years. Despite these facts, some enterprises fail to take advantage of the federal government’s tax giveaways for Interest Charge Domestic International Sales Corporations. Here are 10 winning IC-DISC strategies an exporter can use.


Red Wing Software updates accounting and payroll software

Users can now import data from outside sources, and employees can request time off through the Time Clock app.


SEC names new co-directors of enforcement

Stephanie Avakian and Steven Peikin will helm the agency’s largest unit together.


People on the move: FreedMaxick names new managing director

Koziol to take the helm of the T100 Firm in July; DHG admits 11 partners; and other personnel news.


Tax Fraud Blotter: Wrapping ITS up

Cigars and nose jobs; ‘training’ to manipulate numbers; and other highlights of recent tax cases.