The case for payment automation

Why do businesses still make so many payments by paper check, even as technology has made checks nearly obsolete in the consumer world?


Cuomo proposal targets carried interest tax loophole in N.Y.

New York Governor Andrew Cuomo announced plans Thursday to target a tax break for investment fund managers in his state.


Apple’s $38B U.S. taxes leave EU nemesis unmoved

European Union regulators reacted coolly to Apple Inc.’s move to repatriate hundreds of billions of overseas dollars to the U.S., saying “nothing has changed” in its order for the iPhone maker to pay back taxes to Ireland.


M&A roundup: Deals in Illinois, Ohio and Texas

APEX CPAs & Consultants merges in Morrison & Associates; Smith Barta & Company joins Maloney + Novotny; A&M Taxand adds TRCG Advisors; Briggs & Veselka acquires William C. Love CPAs; and Ryan buys Retzloff.


ACCA and IMA see economic confidence on the rebound

Economic confidence in the U.S. rebounded strongly in the fourth quarter of last year, according to a new survey by the Association of Chartered Certified Accountants and the Institute of Management Accountants.


Finance execs worried about internal controls and lease accounting

Internal controls, the new lease accounting standard and cybersecurity are just some of the issues keeping financial executives up at night, according to a new survey by KPMG.


EY opens Hoboken office and learning hub

The expansion is part of a larger effort from the firm to train professionals and clients on new technology.


QuickBooks adds 1099 features

The software has been updated to make the tax workflow for small business contractors easier.


When the new corporate tax rate kicks in: A primer

Fiscal-year companies and their accountants will have some calculating to do.


Making sense of fair market value elections for foreign income

U.S. multinational corporations should scrutinize how they report foreign source income.