Thomson Reuters debuts cloud accounting app for small businesses
Aimed at small-business users, the software integrates with the vendor’s Accounting CS.
Aimed at small-business users, the software integrates with the vendor’s Accounting CS.
The cost of formatting financial statements in Extensible Business Reporting Language, or XBRL, for small reporting companies has plunged 45 percent since 2014, according to a new study by the American Institute of CPAs and XBRL US, making the requirement for using the data-tagged format more affordable.
A group of Republicans on the Senate Finance Committee is asking the Internal Revenue Service and the Treasury Department to issue guidance to clarify the congressional intent behind several provisions of the Tax Cuts and Jobs Act related to qualified improvement property expensing, the net operating loss deduction and a sexual misconduct settlement deduction.
PNC Financial Services Group Inc. received subpoenas from federal prosecutors in Florida over practices related to its purchases of low-income housing tax credits, according to two people familiar with the matter.
The Financial Accounting Standards Board released a long-awaited accounting standards update Wednesday to improve the financial reporting for insurance companies that issue long-duration contracts, such as life insurance, disability income, long-term care and annuities.
199A workload; TACs on the decline; dysfunctions; and other highlights from our favorite tax bloggers.
This handful of provisions from the Tax Cuts and Jobs Act are worth immediate attention.
Digital transformation has been a near constant topic of conversation among accounting and CPA communities in 2018.
Despite gentle nudges, love taps and tactics to shorten the cycle time, the process is slow and the lag time is painful.
Ernst & Young is acquiring Riverview Law, a London-based provider of legal services, expanding the Big Four accounting firm’s global presence in the legal profession.