Vertex snags former Microsoft tax counsel Mike Bernard

He will serve as the new chief tax officer for transaction tax, following the retirement of Peggi Rockefeller.


QuickBooks Online Accountant can now manage non-QuickBooks clients

The move is part of Intuit’s open-platform strategy.


Key considerations and potential pitfalls in accounting firm M&A transactions

The wrong partner dynamics can torpedo (or at least slow down) a deal.


Mixed results seen in early revenue recognition standards implementation

Businesses that were early adopters of the new rules have been running into some issues with regulators and investors.


Tax pros rate the season so far: ‘Much busier, much sooner’

Many preparers report a flood of early clients with questions about tax reform.


Digital transformation in finance will be built on Excel

Many sides in the debate over the spreadsheet software have an interest in arguing for its obsolescence, but the tool is too big — and too good — to fail.


Bloomberg Tax releases new leased asset accounting tool

This offering will help companies start the ASC 842 compliance process; a full-service solution will debut in the fall.


ACCA signs pact with DFK International

The Association of Chartered Certified Accountants is partnering with an association of independent accounting firms to strengthen the global talent pool.


Congress stymied on $1.3T bill as another shutdown nears

Talks continued on issues like a fix to the new tax law with just days remaining for House and Senate votes to avert a third shutdown this year.


Alphabets and Twitters of world may face EU 3% revenue tax

Large digital companies operating in the European Union could face a tax on their gross revenue based on users’ locations.