Small businesses raised wages to new high in November, says Paychex

Hourly earnings grew 3.11 percent among employees of small businesses in November, the highest level since at least 2011.

Small businesses raised wages to new high in November, says Paychex


RSM to acquire Tate & Tryon

RSM US LLP, a Top 5 Firm based in Chicago, is adding Tate & Tryon, P.C., a Washington, D.C.-based accounting firm that focuses on providing nonprofit organizations with audit, tax, accounting outsourcing and advisory services, and its wholly owned subsidiary, T3 Information Systems, LLC, effective Jan. 1, 2020.

RSM to acquire Tate & Tryon


Private sector added 67,000 jobs in November, says ADP

Private sector employment growth slowed down in November, according to payroll giant ADP.

Private sector added 67,000 jobs in November, says ADP


Celebrity keynotes — do they deliver?

Ashton Kutcher, Gwyneth Paltrow, Oprah: powerhouses in their fields, but they don’t bring much value to an accountant audience.

Celebrity keynotes — do they deliver?


Canopy names new CEO and raises $13M in funding

The tax software maker has named Davis Bell as its new CEO, succeeding founder Kurt Avarell, and raised new funding from its existing investors after a series of reverses this past year.

Canopy names new CEO and raises M in funding


New accounting standards seem to drive up audit costs

Auditing costs are going up for companies, in part due to new accounting standards for revenue recognition and leases, according to a new survey.

New accounting standards seem to drive up audit costs


The GILTI inequality between corporate and noncorporate taxpayers

The Global Intangible Low Taxed Income has created a lot of challenges for taxpayers, since it was instituted by the Tax Cuts and Jobs Act of 2017.

The GILTI inequality between corporate and noncorporate taxpayers


M&A roundup: Friedman, UHY, Blue and others strike deals

Friedman adds Markowitz, Fenelon & Bank; UHY Advisors unites with Becker & Rosen; Blue & Co. merges in Clarus Partners; Barone, Howard & Co. joins Dermody, Burke & Brown.

M&A roundup: Friedman, UHY, Blue and others strike deals


PCAOB plans further changes on inspections and quality control

Chairman William Duhnke said the board is also doing more outreach to audit committees.

PCAOB plans further changes on inspections and quality control


Sage buys CakeHR

Sage, a provider of enterprise resource planning and accounting software, has acquired CakeHR, a U.K.-based HR technology company whose solutions are all cloud-native.

Sage buys CakeHR