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.


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.


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.


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.


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.


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.


AICPA announces 2017-18 Accountemps Scholarship winners

Four students will receive $10K each for showing promise as future CPA leaders.


House passes disaster tax relief bill for hurricane victims

The House passed legislation Thursday that provides some tax relief to victims of the recent spate of hurricanes.


IRS makes it easier to house hurricane victims

The Internal Revenue Service is lending a hand to victims of Hurricanes Harvey, Irma and Maria by offering temporary relief from some requirements of the tax code to owners and operators of low-income housing projects who have room to shelter some of the displaced people.


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.