Millionaire pass-through breaks are slammed by Senate Democrat

A Senate hearing Tuesday indicated the politics of the tax overhaul haven’t changed since it passed in December, with Republicans singing its praises as an economist booster and Democrats torching it as a broken promise that mostly benefits the wealthiest.


Under new tax law the question is, to be or not to be a REIT?

The sturdy, reliable real estate investment trust is facing an existential choice.


CAQ and AAA support 3 academic auditing projects

The Center for Audit Quality and the Auditing Section of the American Accounting Association have picked three more entries as part of their Access to Audit Personnel Program.


Majority of young professionals lack career paths, ACCA study finds

Data from an Association of Chartered Certified Accountants report found that 92 percent of respondents wanted to learn new skills on the job.


Surviving a server crash: ‘Lose your data, lose your firm’

How a lone accountant saved Geris Zebarth from a technology disaster.


The IRS is taking off its velvet gloves for offshore holdings

Does the closing of the Offshore Voluntary Disclosure Program mean it’s time for the iron fist?


Is your elevator pitch toxic?

Do you see the gleam of understanding and interest in the eyes of your listeners when you tell them about your services? Or do they just stand there, numb and uncomprehending, wishing they were somewhere else?


Tax reform could mean big M&A payday for U.S. private cos.

The TCJA’s lower business rates could spur a boom in merger and acquisition activity.


Private companies falling behind on new accounting standards

Businesses are taking time adjusting to the new revenue recognition and lease accounting rules.


SASB founder Jean Rogers steps down

The former CEO of the Sustainability Accounting Standards Board is passing on the chairmanship post to vice-chair Jeffrey Hales.