Jay-Z draws subpoena for refusing to cooperate in SEC probe

The hip-hop mogul is in hot water with Wall Street’s top regulator.


Sage makes push for partner-enabled enterprise growth, collaboration

The accounting software provider announced new technology and partner programs at its Enterprise Management Partner Summit in Seville.


Democrats introduce bill to restore tax deductions for workers

A group of Senate Democrats introduced legislation to revive tax deductions for labor union dues and unreimbursed work expenses that were eliminated by the Tax Cuts and Jobs Act.


Schellman & Co. names new president

Avani Desai is one of the youngest leaders of a Top 100 Firm, and one of the few women.


IRS issues tax guidance on tip jars

The Internal Revenue Service’s Chief Counsel has issued a memorandum providing advice on unreported tip income, with the caveat that the advice cannot be used or cited as precedent.


REITs are the big winners from the new tax law

Real estate investment trusts and their investors are incontestable winners of the Tax Cuts and Jobs Act.


MSCPA announces 2018 Educator of the Year

The Massachusetts Society of CPAs named Shay Blanchette, senior lecturer and MSA faculty director at Babson College, as this year’s winner.


AICPA releases last set of revenue recognition topics

The American Institute of CPAs has issued the final two working drafts of guidance related to rev rec issues for various industries.


Accounting and technology: Brace for impact

Top firms are getting a head start on adapting to new technologies.


Nvoicepay and Inspyrus jointly release accounts payable product

Inspyrus Total Pay powered by Nvoicepay can be used for both domestic and international payments.