N.J. Senate supports property tax as annual charitable write-off

New Jersey took the first step toward allowing residents with the nation’s highest property taxes to circumvent a new federal limit on state and local tax deductions.


IRS fell short on worker misclassification initiative

Keeping employees from being mislabeled as independent contractors hasn’t been a big priority, according to a report from the Treasury Inspector General for Tax Administration.


SEC wants cybersecurity disclosures

The Securities and Exchange Commission voted unanimously to approve guidance to encourage public companies to provide more information about cyber attacks, data breaches and the risks of them occurring.


AICPA plans to update SSARS

An omnibus revision to the Statement on Standards for Accounting and Review Services will come out after tax season.


DMJ & Co. raises $14K for Special Olympics

The North Carolina firm saw staff members take a ‘polar plunge’ as part of a $45K fundraising event.


What accountants need to know about cryptocurrency

This year may bring a barrage of questions from clients about cryptocurrency. Here’s how to be ready for them.


Quirky tax break that will soon vanish seen jolting bonds

U.S. companies including FedEx Corp. and Motorola Solutions Inc. are seizing an opportunity to borrow money and top up their pensions, before a tax benefit shrinks.


Holy Sepulchre Church shut to protest proposed Israel tax policy

The Church of the Holy Sepulchre in Jerusalem, Christianity’s holiest site, was closed to visitors on Sunday in an unprecedented move to protest proposed Israeli tax and land policies governing church-owned property.


Tax law gives Buffett’s Berkshire Hathaway a $29B boost in value

Warren Buffett’s Berkshire Hathaway Inc. was a big winner from the recent tax overhaul.


Firms on the move: St. Louis firms honored for Women in the Workplace

Prager Metis creates new staffing company; Armanino schedules four community service vacations for employees; and more news from CPA offices across the country.