Singhs said to have taken $78M from Fortis Healthcare

India’s tycoon Singh brothers took at least 5 billion rupees ($78 million) out of the publicly traded hospital company they control without board approval about a year ago, people with knowledge of the matter said.


Deloitte and Moss Adams sweep 2017 SEC audit clients

The Big Four firm had the larger number of new clients for the year, but the Seattle firm netted the most.


Cherry Bekaert acquires Powell, Ebert & Smolik

Cherry Bekaert LLP, a Top 100 Firm, is expanding to Austin, Texas by acquiring Powell, Ebert & Smolik, PC, one of the biggest CPA firms there.


The changing shape of the CPA Exam

The test-makers are working to keep it responsive to the needs of candidates, employers and the profession. AICPA vice president of exams Mike Decker explains how.


6 myths about tax refunds

Help the IRS debunk a handful a taxpayer misconceptions for this filing season.


Budget deal revives dozens of expired tax breaks for 2017

The bipartisan budget deal signed into law Friday by President Trump contains 36 tax extenders that had expired at the end of 2016 and makes them retroactive to 2017.


What does the right leadership and corporate governance look like at smaller firms?

Many smaller firms can’t capitalize on the opportunities that may be in front of them because their leadership and corporate governance aren’t properly aligned.


IRS extends tax break for repairing concrete damage

The Internal Revenue Service is giving homeowners whose homes were damaged by deteriorating concrete foundations more time on a safe harbor it issued last year.


Congress retroactively extends temporary tax breaks for real estate for 2017 in budget bill

President Trump just signed and enacted a two-year budget bill that extends government funding through March 23 and also retroactively extends numerous tax breaks that had previously expired.


Georgia CPAs lobby state officials

More than 100 members of the Georgia Society of CPAs recently visited the state capitol building in Atlanta to press lawmakers about the issues of most importance to accountants.