The president is leaning toward preserving a trillion-dollar tax break for corporate borrowers—a move that economists say could jeopardize his goal of robust economic growth.

IRS experience is no shield from jail; $6 million in bogus deductions; ignoring injunctions; and other highlights of recent tax cases.

CPAs and accounting professionals are well positioned to advise their business clients on cost containment and risk mitigation.

CPAs and their business clients and corporate tax departments need to consider different scenarios for the possible corporate tax reforms now being weighed in Congress.

Igal Rabinovich will lead the company’s partner alliance program in the newly established role.

The Sustainability Accounting Standards Board has overhauled its board structure, adding a nine-member SASB Standards Board, overseen by the SASB Foundation board of directors.

A hedge fund manager says the British tax collection agency can’t investigate his 2009 finances because of a mistake in the letter warning him about the probe.

Armanino is folding in two new firms, Team Jenn Corp, a managerial accounting firm that also provides HR and payroll services, and the Brenner Group, which specializes in offering outsourced financial management to growing technology companies.

Zuora, a provider of subscription commerce, billing and finance systems, has signed a deal to acquire Leeyo Software, which helps companies automate their transition to the new revenue recognition standards.

A pair of accounting professors has written a paper proposing a way to communicate accounting complexity.