Audit fee increases show signs of abating

Increases in audit fees for public companies and nonprofits slowed down in 2016, according to a new report, although private companies saw an uptick in their fee increases during the 2016 audit season.


A two-step take on exiting a business

This approach can minimize taxes and risk for Baby Boomer owners looking to transfer a company.


Tax reform leaves private foundations in a strong position

They dodged a number of bullets, and other code changes could spur more giving, experts say.


Honkamp Krueger acquires Gabelmann & Associates

Honkamp Krueger & Co., P.C., has acquired a fellow Iowa-based firm, Gabelmann & Associates, effective Jan. 1, 2018.


Art of Accounting: What our clients pay us for

Did you ever think about your value to your clients and what they are paying you for?


ReportAmigo is now available for QuickBooks Online

The reporting tool, which started as a Xero add-on, is expanding its reach.


IRS beefs up tax pro security on Practitioner Priority Service

The Internal Revenue Service plans to ask tax professionals additional questions before providing them with assistance as part of its efforts to improve security.


BKD buys Harper & Pearson’s financial institution practice

BKD CPAs & Advisors has acquired the financial institution practice of Houston-based Harper & Pearson Company, P.C, effective Jan. 9, 2018.


Tesco jury prepares for verdict as accounting trial nears end

The four-month trial of three former Tesco Plc U.K. executives accused of fraud and false accounting over a 250 million-pound ($341 million) profit black hole at the grocer is nearly at an end.


Bid to collect internet sales tax gets U.S. Supreme Court review

The U.S. Supreme Court will consider freeing state and local governments to collect billions of dollars in sales taxes from online retailers, agreeing to revisit a 26-year-old ruling that has made much of the internet a tax-free zone.