Trump budget calls for more oversight of tax preparers

The Trump administration’s fiscal year 2019 budget proposal includes increasing oversight of paid tax preparers along with more authority for the Internal Revenue Service.


Xactly acquires Obero

The buy adds incentive management capabilities that help companies comply with the new rev-rec standard.


The accountant’s guide to AI, cloud software and the robot revolution

There are few words that make accountants more uncomfortable than robots, cloud software and artificial intelligence. These are the hot topics in financial technology, but they are also the very things that accountants fear will make them irrelevant.


In the blogs: TCJA understatements

Fairness at last for vets; troublesome forms; ‘non-employee withholding;’ and other highlights from our favorite tax bloggers.


Building an advisory business

Surprisingly, the expansion into broader advisory services has been slow and limited at most firms.


Inactive EINs used to commit identity theft and tax fraud

The Internal Revenue Service needs to do more to prevent inactive Employer Identification Numbers from being used to commit business identity theft and tax fraud, according to a new government report.


Deloitte opens new tech research center

The Center for for Technology, Media and Telecommunications will conduct research into how clients can use technology-driven business models.


Tax break popular with oil drillers, conservationists gets boost

Oil companies that have claimed more than a billion dollars in tax credits for burying carbon dioxide underground just got a windfall from Congress, which expanded that incentive as part of the government spending bill signed into law on Friday.


Koch network starts tax-related attack ads in Indiana, Missouri

The political network backed by billionaires Charles and David Koch is launching a $4 million advertising campaign against two Senate Democrats facing re-election in 2018, as it starts to fulfill a pledge to spend $20 million selling the federal tax overhaul passed late last year.


NSA Scholarship Foundation accepting 2018 applications

The National Society of Accountants is seeking accounting undergraduate students to apply by April 1, 2018.