Hedge fund titans pull money from funds for huge tax bills

Hedge-fund billionaires were already struggling to keep investors from heading out the door. Then along came another problem: big tax bills.


ACCA and IMA see global economic confidence rebound to highest level since 2009

The Association of Chartered Certified Accountants and the Institute of Management Accountants reported Friday that global economic confidence reached its highest point in years, after strong growth beginning in early 2017.


Tax Fraud Blotter: ‘It’s jail for you!’

A thousand returns and 45 bank accounts; ‘what to write and where to write it’; the Spirit was weak; and other highlights of recent tax cases.


S Corps are taking a second look at C Corp status

Is it time to make the switch after the new tax law?


Moving the rocks on the path to growth

If a firm doesn’t effectively address obstacles, it will not be able to grow at a satisfactory rate.


Firms on the move: Two Chicagoland firms named Best Places to Work

HMWC hosts children’s book donation drive; RoseRyan opens a cannabis solution practice; and more news from CPA offices across the country.


ACA employer mandate poses IRS and U.S. GAAP complications

With the IRS issuing ACA penalty notices, that can make a dent in an organization’s bottom line.


Attracting (and keeping) quality employees in a tightening labor market

As the country moves toward full employment, employers face the challenge of differentiating their business and job opportunities.


Sage Intacct and GuideStar release dashboard for nonprofits

The product is designed to automate the tracking and management of industry-wide best practice metrics, and provide benchmark information on financial health, sustainability and mission impact.


Companies foresee major impact from lease accounting standard

The new leasing rules will be hitting corporate balance sheets soon.