Biotech, pharmaceutical, medical device and related businesses are dealing with recent accounting standards, plus a new tax law, amid a changing landscape for their industry.

The majority of corporate tax departments are playing a major role in advising executives on mergers and acquisitions, according to a new survey.

The National Association of Tax Professionals weighed in on legislation that aims to improve the service.

As preparers head into the home stretch, here’s how filing has gone so far.

The United Kingdom’s Financial Reporting Council, which oversees auditing firms, said Monday it is implementing the recommendations of an independent review of sanctions for auditors, accountants and actuaries, which include increasing the fines to £10 million ($14.1 million) or more for “seriously poor audit work” by a Big Four firm.

The U.S. budget deficit will surpass $1 trillion by 2020, two years sooner than previously estimated, as tax cuts and spending increases signed by President Donald Trump do little to boost long-term economic growth, according to the Congressional Budget Office.

It’s been more than a year since Congress created the Qualified Small Employer Health Reimbursement Arrangement, a new health benefits option available to businesses with fewer than 50 employees.

I’ve always loved tax season. While some of the work can be grueling and even a relief when it ends, I always miss it afterwards.

The new practice will offer full security programs, compliance, third party vendor risk assessment, threat management and managed security services.

The technology consulting firm will sell, implement and support the cloud financial management software.