SEC streamlines disclosure requirements

The Securities and Exchange Commission voted Friday to simplify some of its disclosure requirements that have become outdated, duplicative or overlapping because of changes in the information environment or U.S. GAAP, or because of other SEC disclosure requirements.


Trump ignites Wall Street debate with tweet on redoing earnings

President Donald Trump brought a long-simmering debate on Wall Street to the surface Friday when he prodded regulators to look into scaling back how often publicly traded companies report financial results.


My client and book of business vs. the firm’s clients and revenues

While many midsized CPA firms strive to be well-managed, many fall short and revert to the loosely managed style of midsized law firms.


6 things your clients should do after incorporating

Running a corporation or LLC is different than running a sole proprietorship — and your client’s legal obligations don’t end after filing the formation paperwork.


Some high-tax states aim to provide businesses workaround for SALT limits

Changes to state tax laws for unincorporated businesses could help them circumvent the $10,000 limit on state and local tax deductions in the Tax Cuts and Jobs Act.


D.C. Circuit Court strikes down AICPA challenge to unenrolled preparer program

The D.C. Circuit Court of Appeals has legitimized the Internal Revenue Service’s voluntary Annual Filing Season Program, which allows unenrolled preparers a limited right to represent taxpayers in IRS audits of tax returns.


Tax Fraud Blotter: Fit for a king

Loot for a state campaign; ‘hijacked’ returns; bogus liens; and other highlights of recent tax cases.


10 tech stories you may have missed

Millions of small businesses selling online; the return of retro technology; and eight other developments accountants and their clients need to know about.


Rainmaker debuts community for managing partners

The consultancy has introduced a new growth-focused online community for accounting firm MPs.


The postcard tax return: A ‘simple’ solution?

Combined, the six supplemental tax schedules include more than 50 additional line items.