Prager Metis adds Geibelson Young

Prager Metis CPAs LLC has merged in Geibelson, Young & Company, expanding the New York-based Top 100 Firm’s presence in California with a firm that caters to the entertainment industry, effective Jan. 1, 2018.


Marks Paneth merges in Buck Sturmer

Marks Paneth LLP, a Top 100 Firm, has added Buck, Sturmer & Co., effective Jan. 1, 2018.


ACCA announces December 2017 exam results

The Association of Chartered Certified Accountants saw another uptick in its pass rates for the last sitting of the year.


Tax Court bars IRS from collecting under FBAR

The service claimed it had six years to collect, but the three-year limit was upheld.


Tipalti establishes partner program for firms

The payment automation company will offer exclusive savings, training and support for partners and their clients.


Changing revenue rules: A business perspective

With 2018 now upon us, the new revenue recognition standard could have a big impact on your company and your finance team.


U.S. banks have lost more than $1B on Steinhoff loans after accounting scandal

Steinhoff International Holdings NV’s accounting scandal is getting costly for U.S. banks.


Beware the $500B bond exodus as offshore cash comes home after tax overhaul

Farewell, Ireland: it looks like corporate America will finally bring that cash home.


Cuomo seeks New York tax revisions to thwart federal changes

New York state would end income taxes on wage earners and make up the revenue with an employer payroll tax that’s federally deductible as part of a restructuring plan that Governor Andrew Cuomo is recommending to mitigate harmful effects of the new U.S. tax code.


House GOP said to wrap Obamacare tax delays in spending deal

GOP leaders in the House are testing whether rank-and-file Republicans will support a stopgap funding measure to keep the government open that also would delay some Obamacare taxes and provide money for a children’s health insurance program, lawmakers said.