IRS updates per diem rates for lodging, meals and incidental expenses

The Internal Revenue Service has issued its annual update describing the 2017-2018 special per diem rates that taxpayers can use to substantiate the amount of ordinary and necessary business expenses they incur while traveling away from home.


FASB proposes lease accounting changes for land easements

The Financial Accounting Standards Board has a proposed accounting standards update to clarify how to apply its new lease accounting standard to land easements.


Art of Accounting: Quoting hourly rates

Clients buy something they need or solutions to problems, not hours. Here is a situation that has actually occurred in a client’s legal matter.


Rea to merge in Walthall CPAs

Top 100 firm Rea & Associates plans to add Walthall CPAs, a Cleveland-based accounting firm, on Nov. 1, 2017.


Accounting leaders tap technology as top concern

Top figures in the field are concerned about the impact of Blockchain and artificial intelligence — but they are also still concerned about staffing shortages.


Deloitte email platform and client data hit by cyberattack

Following record results that flagged the growth of its cyber-security business, the Big Four firm revealed that it has been successfully targeted by hackers who accessed data from an internal email platform.


Increasing numbers of taxpayers to file at the ‘other’ tax deadline

Changing due dates, missing info, legislative uncertainty and host of other factors are pushing more returns than ever to October.


IRS extends tax relief to Hurricane Maria victims

The Internal Revenue Service is offering tax relief to victims of Hurricane Maria in Puerto Rico, along with victims of the other recent monster storms, Harvey and Irma.


2018 Accounting MOVE Project Survey now open

The annual poll, gauging female leadership in public accounting, seeks input from all firms.


Tax Strategy: An early look at 2017 year-end planning

There’s almost a perfect storm of uncertainties facing tax planners and their clients.