Supreme Court holds railroad stock options are not taxable compensation

The Supreme Court, in a 5-4 decision, has reversed the Seventh Circuit Court of Appeals and held that employee stock options are not taxable compensation under the Railroad Retirement Tax Act because they are not “money remuneration.”


New tax form a sign of shift toward Intuit, away from H&R Block

The IRS’s new 1040 tax form doesn’t exactly fit on a standard postcard as Republicans promised, but it’s smaller and simpler than before — and it may push more filers to use software rather than in-person tax preparers.


Taxpayer Advocate concerned about implementing new tax law

National Taxpayer Advocate Nina Olson released her mid-year report to Congress Wednesday, spotlighting her top areas of concern, particularly how the new tax overhaul will be implemented.


Lessons learned from leverage

Art Kuesel on how proper allocation can help a business grow early and often.


Boomer’s Blueprint: Business analytics … new skills, new services!

Bridging the gap between IT and data, these professionals can bring extra value to accounting firms.


In the blogs: Size matters

The smaller 1040; Wayfair wrinkles; no do-over on fraudulent returns; and other highlights from our favorite tax bloggers.


LeaseAccelerator raises $30M in VC funding

LeaseAccelator, a software provider that specializes in helping companies get ready for the lease accounting standard, has raised $30 million in Series B funding from Insight Venture Partners.


Trump’s IRS nominee to face questions on management experience

President Donald Trump’s nominee to lead the Internal Revenue Service, Charles Rettig, has spent decades helping wealthy and famous people fight the agency’s efforts to collect taxes.


CalCPA inaugurates new chair and elects Education Foundation president

The California Society of CPAs elected Eileen Pastenieks as president of its Education Foundation for 2018-19 during its annual members meeting in Los Angeles, where the group also heard from Lewis Sharpstone, the chair of CalCPA for 2018-19.


Accounting Today calls for nominations for 2018 Top 100 Most Influential People

The annual list recognizes thought leaders, decision-makers, standard-setters and more.