Cities, counties and districts add sales tax laws after Wayfair

Sales tax rate changes declined slightly last year, but the trend of more new districts imposing taxes on online transactions continued in 2019.

Cities, counties and districts add sales tax laws after Wayfair


Art of Accounting: The middle of the war

Tax season can be one of your best opportunities or a miserable war.

Art of Accounting: The middle of the war


FASB tweaks CECL and financial instruments standards

The Financial Accounting Standards Board made some narrow improvements to different aspects of the financial instruments guidance, including the current expected credit losses standard issued.

FASB tweaks CECL and financial instruments standards


IRS offers tax reporting exemption to foreign retirement trust holders

The Internal Revenue Service is giving holders of foreign retirement trusts an exemption from some of the information reporting requirements, along with the abatement of penalties.

IRS offers tax reporting exemption to foreign retirement trust holders


GASB proposes changes for pension and deferred comp plans

The proposal involves how to define the criteria for the component units in pension plans and deferred compensation plans for state and local government employees.

GASB proposes changes for pension and deferred comp plans


Tax season so far

Neil Fishman of the National Conference of CPA Practitioners dissects the current state of the filing season, what to expect in the run-up to April 15 — and what’s coming after that.

Tax season so far


Business-mindedness is key to a successful audit practice

Audit firms need to make sure their business makes sense — and that their clients’ does, too.

Business-mindedness is key to a successful audit practice


The War of Auditor Independence

Who are the casualties of the SEC’s aggressive enforcement?

The War of Auditor Independence


AICPA asks IRS for QBI deduction guidance

The American Institute of CPAs has submitted comments to the Internal Revenue Service and the Treasury Department asking them for more guidance on the qualified business income deduction in the Tax Cuts and Jobs Act.

AICPA asks IRS for QBI deduction guidance


The fastest-growing firms in the U.S. — 2020

The 20 accounting practices with the highest revenue growth in percentage terms in 2019 from Accounting Today’s Top 100 and Regional Leaders list.

The fastest-growing firms in the U.S. — 2020