Hedge fund investors lose key tax break for management expenses

For some hedge fund investors, President Donald Trump’s tax overhaul adds insult to the injury from poor investment performance.


Sales tax collection gone wrong

False accusations against a taco chain in Seattle offer a cautionary tale for businesses and their advisors.


Will accountants become the weavers of the 21st century?

Accounting is facing a slow-moving existential crisis, says institutional investor Jon Lukomnik.


The fundamentals of the IRS OIC program

Your clients need to know these 14 tax settlement basics.


What CPAs need to consider about stablecoins

The cryptocurrency is pegged to a fiat currency like the U.S. dollar or to assets like gold.


IASB proposes deferring insurance standard for a year

The International Accounting Standards Board voted to propose a one-year delay, so the new rules would take effect in 2022, instead of 2021.


IRS should enforce preparer competency: IRSAC

The advisory committee says a bipartisan consensus has emerged on regulating tax pros.


FEI publishes guides to internal controls for leasing and CECL standards

The SEC is also working to help companies with a crowded implementation schedule.


SAP adds BlackLine to global solutions offerings

The new agreement gives BlackLine international scope.


Prager Metis adds Davidoff

The Top 100 Firm has merged in a prominent tax firm in New Jersey.