AICPA and NASBA back bill limiting legal damages against state accounting boards

The American Institute of CPAs and the National Association of State Boards of Accountancy are throwing their support behind legislation that would limit damage awards against state regulatory boards such as state accounting boards.


Bookkeeper tells jury Manafort submitted doctored statements to bank

U.S. prosecutors shifted away from showcasing Paul Manafort’s excesses and toward the core of their fraud accusations against him, offering evidence that he was deeply in debt as he submitted crudely altered financial statements to secure bank loans.


The many wrinkles of Wayfair

Parsing the ramifications of the Supreme Court decision


Wipfli moves into New England

A merger with Maine-based Macpage gives the Top 20 Firm a regional presence.


Big opportunities in cannabis clients, compliance

Experts demystify the very young and evolving industry, and share advice on how to work with potential clients in the business.


Workday completes Adaptive Insights acquisition

The deal, valued at $1.55 billion, will create a broader enterprise solution that covers finance to HR.


Case Studies: Payroll in 2018

Offering payroll as part of a firm’s services is often the perfect value-add that small business clients are looking for.


Tech firms surrender their crucial billion-dollar tax deductions

Silicon Valley’s favorite compensation strategy — paying top employees in stock rather than cash — just got more expensive.


Apple still has $5.8 billion to pay after EU’s 2016 tax demand

Apple Inc. must still pay 5 billion euros ($5.8 billion) to comply with a European Union back-tax order, nearly two years after the company’s fiscal deals with Ireland were ruled illegal.


GAO: 21% of taxpayers will underwithhold in 2018

The IRS and the Treasury need better documentation of their roles in updating withholding tables.