Technology in M&A

Technology is a growing factor in accounting firm M&A, according to Transition Advisors’ Joel Sinkin, whether in terms of smaller firm merging up for a forward-looking tech platform, or CPAs bringing on board IT and cyber-security consultants.


Cruz pushes Mnuchin for quick action on capital gains tax break

Senator Ted Cruz is pressuring Treasury Secretary Steven Mnuchin to quickly deliver a tax cut to investors by indexing capital gains to inflation.


Take a lesson from the sharks: Move or die

Accountants can’t afford to sit still, either; they need to be constantly changing.


2018 tax extension guide

The TCJA changes you still need to know about as you complete the 2018 tax season.


DeVos wants IRS to provide income information on student loan borrowers

Secretary of Education Betsy DeVos is calling on Congress to allow the Internal Revenue Service to give the Department of Education information on the income of student loan borrowers, warning that student loan applicants are misrepresenting their income and family size to qualify for reduced payment plans.


AICPA weighs in with IRS on excise taxes for donor-advised funds

The American Institute of CPAs sent a set of recommendations to the Internal Revenue Service on the application of excise taxes to donor-advised funds.


The economic case for ESG disclosure

When it comes to corporate transparency, the United States is at a crossroads.


Sports Direct falls as tax bill deepens governance worries

The U.K. retailer reported a surprise tax bill of almost $750 million, the departure of its financial chief and deepening woes at department-store chain House of Fraser.


Art of Accounting: Annual intern trip

This is the third year for my “field trip” to Manhattan with summer interns.


Kamala Harris pitches ‘Medicare for all’ plan funded by taxes on Wall Street

The proposal positions the Democratic presidential candidate between rivals Bernie Sanders and Joe Biden on a contentious issue.