Spending bill suspends 3 Obamacare taxes

The short-term spending bill that President Trump signed into law Monday night includes provisions that delay or suspend three taxes mandated by the Affordable Care Act that have not yet taken effect.


Tax reform and cash management considerations for clients

The first few months of 2018 are a critical time for tax, legal and accounting advisors to speak with business clients regarding how the new tax law will affect their cash flow.


TCJA’s transition tax could hit cross-border biz owners

Dual U.S.-Canadian citizen with private corporations need to pay attention.


Day at the breach: Counseling clients on data theft

Tax preparers share the advice they’re giving taxpayers to protect themselves.


U.S. audit overseer under scrutiny as 6 charged in KPMG leak

The U.S. regulator overseeing auditors was rocked by criminal charges as federal prosecutors accused three former employees of leaking inside information to KPMG LLP so it could improve its audit results.


Researchers find quarterly reporting leads to corporate myopia

Mandatory quarterly reporting by public companies can lead to a short-sighted focus on near-term results, according to a new academic study.


Art of Accounting: ‘Too much’ good information

Selective reading can help accountants deal with information overload when looking for ideas on how to improve their firms.


FASB offers more accounting guidance on new tax law

Four more Staff Q&A documents deal with various financial accounting and reporting implementation issues.


University of San Diego wins 17th annual 'FanTAXtic' competition

The school beat out more than 40 other institutions in Deloitte’s yearly case study tournament.


Prager Metis merges in entertainment firms in New York, California and London

Prager Metis CPAs LLC has combined with Cameo Wealth & Creative Management Inc., and the Asteri Group, Ltd., a pair of affiliated business management and accounting firms with offices in New York and California that focus on the entertainment industry, along with Smallfield Cody, a firm based in London that also caters to the entertainment field, the latest in a string of similar combinations for the firm.