GASB offers implementation guide on standards for retiree health care and other post-employment benefits

The Governmental Accounting Standards Board has released a new Implementation Guide with questions and answers about GASB’s new standards on accounting and financial reporting for postemployment benefits other than pensions, such as retiree health care.


AICPA announces inaugural 'High School Scholarship' winners

The American Institute of CPAs recognized 10 college-bound students who have completed advanced courses.


What the largest tax overhaul in 30 years means for companies

The impact of the biggest overhaul of the U.S. tax code in three decades will spread far and wide starting next year, highlighted by a cut in the corporate rate to 21 percent from 35 percent, fully allowable deductions for capital expenses and lower levies on repatriating overseas profits.


Cohn says tax plan's unpopularity is surprising, but will change

White House economic adviser Gary Cohn said he was dumbfounded by the unpopularity of the Republican tax bill, and claimed that President Donald Trump fought unsuccessfully to strip a provision that mostly benefits wealthy investors.


White House plans tax bill celebration as signing date unclear

Republicans are on the brink of passing the most extensive rewrite of the U.S. tax code in more than 30 years—but it’s not yet clear when President Donald Trump will actually sign the bill.


FloQast relocates HQ

The close management software developer has tripled its office space.


Paychex launches AccountantHQ

The payroll provider’s new tool includes a single dashboard for accountants to manage multiple clients.


In the blogs: Sounds like a plan

Potential state-by-state effects of the tax reform bill; filing for the dead; the real power of IRS notices; and other highlights from our favorite tax bloggers.


A look at the corporate winners and losers in final tax measure

Now that Republicans in Congress have released their final tax bill, two big questions remain. What will companies do with all that cash, and who will benefit the most?


Tax savings for K-12 tuition riles public school advocates

A pair of provisions in the final version of the Republican tax overhaul proposal would be a boon to private schools, but risks reducing local funds for public schools, according to education advocates.