AICPA prods IRS to change rules for centralized partnership audit regime

The American Institute of CPAs testified Tuesday at an Internal Revenue Service hearing about the problems the AICPA is anticipating from the IRS and Treasury Department’s proposed rules for auditing large partnerships.


KKR begins $1.24B bid for MYOB

The investment firm wants to buy the Australian accounting software provider to pad its Asia-Pacific tech portfolio.


IRS overlooks billions in tax noncompliance for tips

The Internal Revenue Service generally is not enforcing the tip agreements it has in place with some businesses, according to a new report.


Winning new business: How to market yourself as an expert

Developing new business is tough enough for professional services firms, but when those services happen to be accounting, things can get even tougher.


EY eyes over 15,000 new hires in 2019

The Big Four firm is ramping up recruiting efforts in the coming year, with a special focus on diverse candidates and tech skills.


Tesla resolves tax dispute with Nevada after state goes to court

Authorities tried to collect an allegedly unpaid $655,000 unemployment tax bill, but car maker said it’s a clerical error.


Baer tax ‘whistleblower’ cleared by top court in data-theft case

A former Julius Baer banker who leaked documents from a Cayman Islands subsidiary was cleared of breaking Swiss banking secrecy by Switzerland’s top court, creating possible problems for how the Alpine nation’s banks manage their foreign units.


Art of Accounting: Raising staff awareness of firm consulting services

Knowing about the firm’s services is important for staff growth, development, morale and discussions with clients.


College endowments hit record values, and maybe ire of lawmakers, as new tax hits

Harvard University’s $39.2 billion endowment has reached a record value. So did Yale. And Brown. And Dartmouth.


Exxon puts $1M into quest for carbon tax and rebate

An effort to put a tax on carbon dioxide emissions just won an unlikely underwriter: a top producer of oil and gas.