AICPA releases 2017 'Firm Gender Survey'

Research found that female leadership programs help businesses recruit and retain more talent.


House tax panel advances overhaul as GOP seeks vote next week

The House Ways and Means Committee approved revisions to the GOP tax legislation—changes that would trim the bill’s cost, putting it within the $1.5 trillion limit set by the congressional budget.


Revised House tax bill calls for higher repatriation rates

A sweeping amendment from the chairman of the House tax writing committee transformed key provisions of the GOP tax overhaul bill to boost the rate applied to companies’ offshore cash, tweak rules for pass-through businesses and restore the adoption credit, ahead of a full House vote that’s expected next week.


GASB proposes new guidance on majority equity interests for state and local governments

The Governmental Accounting Standards Board proposed guidance Thursday to clarify how to account for a state or local government’s majority equity interest in organizations that stay legally separate after the acquisition, such as a public hospital buying a rehabilitation center that remains legally separate.


Coinbase escalates showdown on U.S. tax probe as bitcoin surges

The 10,000 bitcoins that seven years ago famously paid for the delivery of two Papa John’s pizzas would be worth more than $74 million today.


One tax loophole untouched so far: the Trump golf-course break

Republican lawmakers pushing to close dozens of tax loopholes have left open one that’s been good to President Donald Trump: the golf break.


SwipeClock software now integrates with Thomson Reuters' Accounting CS Payroll solution

The integration pulls real-time punch data into Thomson Reuters’ payroll solution.


Firms on the move: KPMG named 'Corporation of the Year'

Armanino gets approved, KPMG wins an award, associations add international members, and other highlights from practices around the country and the world.


People on the move: CLA bulks up in Pa.

BerryDunn hires en masse; CohnReznick names a new New York City tax leader; and other personnel news.


GOP’s dueling tax overhauls struggle to pass a key red ink test

Republican tax writers in the House and Senate scoured the U.S. tax code Thursday and shook the couch cushions for loose change, as one member put it, in an all-day struggle to find ways to pay for the deep tax cuts their leaders and President Donald Trump have promised.