KPMG teams with SAS on CECL guidance

KPMG is partnering with analytics provider SAS on helping banks make the transition to the current expected credit loss, or CECL, accounting standard that begins to take effect in January 2020.


IRS plans regulations on non-grantor trusts and new tax law

The upcoming rules may affect one tactic that some wealthy taxpayers have been using to get around the cap on deducting local property taxes.


SAP and Thomson Reuters release cross-border transaction management product

SAP Market Rates Management, Thomson Reuters data option, converts foreign transactions into a single currency.


Firms on the move: UHY Michigan celebrates 50 years by donating $50K

FICPA announces this year’s class of Emerging Leaders; Mauldin & Jenkins opens Savannah office; and more news from CPA offices across the country.


People on the move: MCM appoints new managing partner

Withum anoints lead for new digital currency and blockchain practice; Grant Thornton names chief people and culture officer; and other recent hires, promotions and personnel news from firms across the country.


Withum is on the forefront of cryptocurrency services

The firm has established a digital currency and blockchain services group, and is bullish on the future of ICOs.


SASB makes transition to new leadership

The Sustainability Accounting Standards Board held its first board meeting under its new leadership this week to discuss progress on its provisional standards, with an eye to releasing them in the fall.


AICPA wants IRS and Treasury to simplify Form W-4

CPAs and EAs are raising objections to the draft version of the Employee’s Withholding Allowance Certificate.


Westchester home sales plunge after Trump’s tax overhaul

The nation’s new tax law is scaring would-be homebuyers from Westchester, a longtime refuge for families escaping New York City’s high costs.


Accountants encouraged by tax cuts, but worried about trade war

The recent tax overhaul is buoying optimism in the U.S., but not abroad.