Accountants meet to address climate change threat

International accounting groups convened in New York during Climate Week to discuss the urgent need for action.


IRS offers safe harbor for rental real estate business deduction

The Internal Revenue Service is giving those who own an interest in rental real estate a safe harbor to allow them to qualify for the section 199A deduction.


The tax legislative agenda for the rest of 2019

With just a few months left, some ideas have more chance of passing than others.


Operating vs. finance leases: The impact of the new standard

The clock is ticking on the countdown to the implementation of the new accounting rules for private companies.


ICPAS holds 10th annual CPA Day of Service

The Illinois CPA Society marked its 10th year of giving back to local communities with nearly 1,200 volunteers across the state.


AccuFund updates software, increases automation

AccuFund, which provides accounting software for nonprofit and government organizations, has released version 6.03 of its Accounting Suite.


Grant Thornton reports record revenue of $1.9B

Grant Thornton reported Monday that its U.S. firm achieved a record level of revenue in fiscal year 2019, surpassing $1.9 billion, a year-over-year increase of 5.4 percent.


House passes PCAOB whistleblower protection bill

The legislation would create a whistleblower program similar to the one at the SEC, offering protection to accountants and auditors, and others who know of accounting fraud.


AICPA to hold free webinar on diversity and inclusion

The American Institute of CPAs’ “Inclusion 2.0: Getting from Intent to Impact” aims to inform attendees on building a more inclusive firm.


Art of Accounting: Changing business models can benefit small firms

Four recent actions gave me insights into the changing business models of the accounting business.