AICPA tells Senate corporate tax cuts should also go to small businesses

An official from the American Institute of CPAs testified Wednesday before the Senate’s Small Business and Entrepreneurship Committee in favoring of lowering taxes for small businesses as much as corporations.


Xero introduces check printing and design for the U.S. and Canada

The new tool features multiple print layouts and MICR encoding capabilities.


Create time and capacity for advisory services

Every time Tom Hood, who is executive director and CEO of the Maryland Association of CPAs, gives a speech (and he gives a lot of speeches), he asks his audiences of accountants about the top challenges they face.


Study stresses importance of presenting understandable accounting disclosures

Academic research finds that readable financial disclosures help not only investors, but companies as well.


KPMG settles with Labor Department over hiring discrimination

KPMG entered into an agreement with the U.S. Department of Labor to resolve allegations of hiring discrimination against 60 Asian candidates applying for associate auditor jobs in the firm’s Short Hills, N.J., office.


Senate GOP writing Obamacare repeal behind closed doors

Senate Republican leaders drafting a measure to revamp U.S. health-care policy appear to be following the same path as their House counterparts—writing a bill behind closed doors before springing it on other lawmakers and the public close to a vote.


Rubio enlists Ivanka Trump to promote bigger child tax credit

Senator Marco Rubio has recruited Ivanka Trump to help promote his proposal for a new enhanced child tax credit.


Mnuchin reversal on rich tax cuts stirs clash with Democrat

The top Democrat on the tax-writing Senate Finance Committee said a bipartisan tax deal is impossible if Treasury Secretary Steven Mnuchin can’t commit to an overhaul that avoids giving the highest-earning Americans a tax cut.


In the blogs: Bigwig breaks

Asian-Americans and the EITC; trusting the IRS; and other highlights from our favorite tax bloggers.


CorpNet launches partner program for accountants

Practitioners can now white-label the company’s business formation and compliance services, and earn commission on new business.