Tax debate update: Revenue hole may bring GOP back to ACA repeal

The House tax-writing committee entered its third day of work Wednesday to hammer out the details of the Republican tax cut plan. Here are the latest developments, updated throughout the day.


In the blogs: The more things change …

Unchanged step-up; arguing PAL; this side of Paradise; and other highlights from our favorite tax bloggers.


Give them better offices – or no office at all

The physical work environment matters, whether it means nice décor, or working remotely.


Tax Cuts and Jobs Act proposes changes to foreign income rules

The tax reform bill introduced last week includes major provisions related to the taxation of companies’ foreign income and of foreign persons.


Many banks unprepared for FASB's new credit loss standard

The Financial Accounting Standards Board’s new standard on accounting for credit losses will require some major changes for banks, particularly smaller ones, as well as many companies that provide loans.


2017 tax reform: Proposed individual tax changes in the Tax Cuts and Jobs Act

The Tax Cuts and Jobs Act makes major changes to individual income taxation.


Art of Accounting: Local global accounting magic

Thanks to technology, we see clients less, but speak and interact with them more, maintaining and strengthening the relationship.


IMA teams with Robert Half on accounting career development

The Institute of Management Accountants is allying with the staffing company Robert Half to support the careers and professional development of accounting and finance professionals.


Wolters Kluwer Tax & Accounting provides briefing on proposed GOP tax plan

The document consolidates the 429 page proposed plan into an easy to read highlights reel.


Research questions value of independent audit committee requirement

A new academic study casts doubt on the value of requirements for independent audit committee members in terms of corporate stock prices and financial restatements.