Accounting and tax lead most profitable industries

Accounting, tax preparation, bookkeeping and payroll services topped the list of most profitable industries over the past 12 months, according to the financial information company Sageworks.


Paychex sees another pullback in small business job growth in July

Job growth at small businesses continued to slow down last month, although wages are rising, according to a new report from payroll giant Paychex.


Senate Democrats lay out bipartisan tax reform principles

A group of 45 Senate Democrats has sent a letter to President Donald Trump and Republican Senate leaders calling for bipartisan talks on tax reform, but with three preconditions.


LBMC acquires W Squared

LBMC has added W Squared, a Tennessee-based outsourcing company that offers finance, accounting, payroll, human resources, technology and procurement services, effective August 1.


White House maps ‘aggressive’ timeline to pass tax bill

White House officials outlined what one of them called an “aggressive” timetable Monday for getting a tax overhaul in place before the end of the year.


Tax Court invalidates long-standing IRS ruling on taxing foreign partners

The sale of U.S. partnership interest does not leave a foreign seller subject to U.S. tax, the court rules.


Short-term rentals may bring long-term tax problems

The explosion of services like Airbnb brings an often overlooked compliance requirement.


CMA candidates grew 40% in past year

The Institute of Management Accountants said Monday the total number of candidates for its Certified Management Accountant credential grew a record 40 percent in the year ending June 30, 2017, reaching an all-time high of 41,000.


Anders CPA holds 'Christmas in July' for St. Louis hospital

The firm held a toy and blanket drive for the Shriners Hospital for Children and their patients.


Art of Accounting: Myopic millennial management

I do not believe the problem is how to manage the millennials; rather it is the myopic firm managers who need better management techniques.