Tax season stalled for U.S. citizens abroad after shutdown jam

Expats will have to wait to submit their returns and receive refunds.

EU tax bill for U.K. firms faces no-deal Brexit conundrum

A no-deal Brexit could create yet another headache for the European Union as it prepares to hand dozens of U.K.-based companies a tax bill that is expected to top $1.5 billion.

Building strong exit strategies

Many business owners and entrepreneurs are looking to realize value from the companies they’ve created, but don’t know how, says Anthony Glomski, who sees a major role for accountants in guiding these clients through a liquidity event.

Avalara acquires alcohol compliance services provider

The tax automation company’s goal is to be a part of “every transaction in the world.”

Product News: LeaseQuery, Avalara and Invoiced hit 2018 milestones

2018 saw these tech company increase revenue, integrations and customer bases.

Boost Your Bottom Line

Investment services can create a new revenue stream, enhance a tax provider’s positioning in the marketplace and help fulfill a growing demand for an affluent client base. Accounting Today and Cetera® Financial Specialists examine why adding investment services can be effective and how to make it happen.

People on the move: CohnReznick bolsters C-suite

PKF O’Connor Davies admits seven to the partnership; ACM promotes 12; and other recent hires, promotions and personnel news from firms across the country.

Revenue recognition standard forces changes at retailers

The new accounting rules and the explosion in online sales are prompting merchants to change the time at which e-commerce revenue is recognized.

AICPA concerned about shutdown impact on taxpayers and practitioners

The American Institute of CPAs sent a letter to officials at the IRS and the Treasury, a day before President Trump announced a temporary deal.

PCAOB dings KPMG in latest audit inspection report

The Public Company Accounting Oversight Board’s 2017 report on the Big Four firm shows a number of continuing deficiencies.