People on the move: Berdon names CIO

Friedman hires a blockchain leader; Deloitte appoints a civil government practice leader; and other recent hires, promotions and personnel news from firms across the country.


Firms giving back: CLA Foundation pledges $1M in donations, grants

Florida firm Spoor Bunch Franz also helped its local Police Athletic League, and N.J. firm Sax announced its seventh annual ‘4 Miler’ charity run.


CAS deepens client relationships

Survey finds clients are more likely to refer their accountant if they offer client accounting services.


Manafort lied repeatedly for money, U.S. says at tax fraud trial

Jurors in the Paul Manafort fraud trial heard closing arguments Wednesday summarizing the dramatic testimony over the last two weeks.


What does the Supreme Court ruling on online sales tax mean for small business owners?

The decision has implications for small to midsized businesses that must adapt to remain compliant.


How to turn seasonal business into a consistent stream of revenue

While successful tax professionals find themselves with a surplus of business from January to April, the months of May to December are way too light.


IRS keeps closing Taxpayer Assistance Centers

The Internal Revenue Service is continuing to close Taxpayer Assistance Centers around the country, despite recommendations to the contrary from the National Taxpayer Advocate and the Senate Appropriations Committee.


Thomson Reuters debuts cloud accounting app for small businesses

Aimed at small-business users, the software integrates with the vendor’s Accounting CS.


AICPA sees 45% drop in XBRL costs for small companies

The cost of formatting financial statements in Extensible Business Reporting Language, or XBRL, for small reporting companies has plunged 45 percent since 2014, according to a new study by the American Institute of CPAs and XBRL US, making the requirement for using the data-tagged format more affordable.


Senate Republicans clarify intent of provisions in new tax law

A group of Republicans on the Senate Finance Committee is asking the Internal Revenue Service and the Treasury Department to issue guidance to clarify the congressional intent behind several provisions of the Tax Cuts and Jobs Act related to qualified improvement property expensing, the net operating loss deduction and a sexual misconduct settlement deduction.