Big Four increasingly competing with law firms

The Big Four accounting firms are moving more into the legal services market, competing with law firms on their traditional turf, according to a new report.


GOP leaders say tax plan coming as Trump says it won't help rich

Trump administration officials and congressional Republican leaders are promising a new framework in two weeks for legislation that would overhaul the U.S. tax code—though they’ve shied away from releasing any details about how the changes would affect individuals or corporations.


Mnuchin proposes not cutting taxes for accounting firms

The Treasury Secretary floated the idea of not giving accountants the same tax cuts that companies like manufacturers would get under the Trump administration’s tax reform plan.


Intuit names finalists for Firm of the Future

The overall winner will be chosen by vote and awarded a $10,000 cash prize.


QuickBooks Desktop 2018 features announced

Intuit has responded to common requests and ideas from its software users.


FASB sets up web page for implementing new standards

The Financial Accounting Standards Board has created a new web page to help companies implement its new standards.


COSO framework can help with sustainability reporting

The Committee of Sponsoring Organizations of the Treadway Commission’s internal control framework can help provide more assurance to investors about sustainability reporting by companies, according to a new paper.


In the blogs: Learn to earn

Uber problems; stay interviews; grandpa as dependent; in memoriam; and other highlights from our favorite tax bloggers.


Deloitte sees global revenue reach $38.8B

Deloitte saw its global annual revenue reach $38.8 billion in the fiscal year ended May 31, 2017, a $2 billion increase over the prior year.


Congress wants this $2 trillion tax break. U.S. companies don’t

Some lawmakers would like to give businesses an “unprecedented” way to slash their tax bills by investing in new equipment. But firms that stand to benefit most are saying no thanks, just give us a bigger rate cut.