IRS counsel nominee briefly advised Trump Organization on taxes

President Donald Trump’s nominee for chief counsel of the Internal Revenue Service briefly advised the future president’s real estate company on a tax question several years ago.


Fighting tax dodgers can kill economic growth

It’s easy to be outraged about multinational corporations’ shifting of profits to tax havens, but much harder to figure out how to stop them from doing it without hurting the economy. Evidence exists that curbing tax avoidance opportunities makes these firms move actual jobs, not just accounting profits, overseas.


Getting in sync with clients' buying cycles

Reverse-engineering your sales approach by looking at things from the eyes of the prospect can boost your effectiveness.


Liberty Tax soars after founder involved in sex scandal agrees to leave firm

Liberty Tax Inc. shares climbed as much as 28 percent, the most in more than six years, after founder John Hewitt agreed to sever ties with the company and sell all of his shares following a sex scandal that had already cost him his job as chief executive officer.


Automakers saved on tax cuts. Here’s how much could be wiped out by tariffs

Corporate America, and even Republican leaders, have warned President Donald Trump that his trade war could end up erasing some of the savings reaped from the sharp cut in the corporate tax rate.


Ernst & Young acquires cryptocurrency tech

Ernst & Young has acquired cryptocurrency technology and patents from Elevated Consciousness, a San Francisco-based startup that focuses on digital currency.


IRS urged to strengthen taxpayer authentication

The Internal Revenue Service needs to strengthen its taxpayer authentication efforts to combat identity theft, according to a new report from the Government Accountability Office.


Consultants form CPA Firm Best Practices Network

A group of prominent accounting firm advisors has banded together to create the CPA Firm Best Practices Network with the goal of helping firms reach a higher level of performance.


Art of Accounting: The day my top two staff people quit

Last month an accountant called me with a serious problem he had with his staff. It seems his two top staff people were not keeping him informed of what they were doing and the status of their work.


Accounting software market to reach $11.8B by 2026

While on-premise software is still alive and well, its share of the market continues to shrink while cloud-based software’s share grows.