Tax law spurs demand for wealth management advice

CPAs are seeing more need for financial planning for clients with the passage of the Tax Cuts and Jobs Act.


Management accountants seeing pay raises

Financial professionals in the Americas and Europe are generally making as much or slightly more than last year, particularly those with certifications, according to a new survey by the Institute of Management Accountants.


Trends likely to accelerate merger mania among firms

The frenzied pace of CPA firm mergers and acquisitions has not slowed down one bit.


IRS puts hedge funds on notice about closing loophole in new tax law

The Internal Revenue Service’s announcement that it plans to issue regulations clarifying the limitations on carried interest aims to head off a flurry of activity aimed at getting around a provision of the Tax Cuts and Jobs Act.


IFAC names next CEO

Former CPA Canada chief Kevin Dancey will succeed Fayezul Choudhury at the end of the year.


KPMG to donate 100K books to mark 10th year of literacy program

For the anniversary of its “Family for Literacy” effort, the Big Four firm will be making major donations across the country this March.”


People on the move: Armanino announces CEO succession

EY appoints first tax and finance operate leader; AFWA names executive director; and other recent hires, promotions and personnel news from firms across the country.


Tax Fraud Blotter: Opportunities to steal

Status guilty; felony charges dropped against New York CPA; sales fails; and other highlights of recent tax cases.


Armanino announces leadership transition

Andy Armanino will step down at the end of 2018; brother Matt will take over in 2019.


IRS still can’t verify refundable tax credits

Despite legislation in 2015 giving the tax agency more time to double-check returns claiming the EITC and the ACTC, the process often doesn’t work.