Paychex offers same day payroll reversals

The offering debuts on the first day the new rule under NACHA comes into effect.


KPMG’s South African bosses quit after probe into Gupta work

KPMG LLP said the head of its South African office and seven other senior executives quit after an internal investigation found that work done for the politically connected Gupta family fell “considerably short” of the auditing firm’s standards.


Tax Fraud Blotter: ‘Your Name Here’ tax service

Theft from prep help; neither snow nor rain nor the law; and other highlights of recent tax cases.


Inflation-adjusted tax rates predicted for 2018

Tax reform notwithstanding, the tax research providers Bloomberg BNA and Thomson Reuters both released their predictions Thursday for the annual inflation-adjusted tax rates that the Internal Revenue Service is likely to announce in the coming weeks.


IRS grants relief to tax-exempt organizations hit by Hurricanes Irma and Harvey

The Internal Revenue Service is giving tax-exempt organizations in the parts of Texas, Florida, Puerto Rico and the U.S. Virgin Islands affected by Hurricanes Harvey and Irma more time to file their returns.


Internet tax ruling worth billions poised for court review

The South Dakota Supreme Court brought the question of whether online retailers should pay sales tax back into sharp focus.


Xero releases a range of new products

Xero HQ is out of beta, and new tools are designed to help accountants become advisors.


AICPA awards over $449K in scholarships to minority students

90 top college recipients will be honored for the 2017-18 academic year.


Accountants Confidence Index — September 2017

After hitting a major high in July, the Accountants Confidence Index dropped back slightly.


The realities of adding financial services to your accounting practice

Accountants who’ve made the leap report a more positive experience — with fewer worries — than those who haven’t yet gone that route might realize.