Inside the Top 100 Firms

Accounting Today profiles four up-and-coming members of its 2019 roster of the biggest firms in the country: Brown, Edwards & Co., Clark Nuber, Gursey | Schneider and Lutz.


Accountants Confidence Index — April 2019

After four months of decline, the Accountants Confidence Index bounced back.


A framework for transformation

Revenue segmentation is a powerful tool for accounting firms.


Ways and Means chair requests Trump tax returns from IRS

The Massachusetts Democrat submitted a formal request to the IRS commissioner asking for copies of Trump’s returns going back to 2013.


Democrats dial back SALT goal with new focus on partial rollback

House Democrats are looking to find a compromise solution to the Republican tax law’s cap on the amount of state and local levies that can be written off a federal return, a limit they say has caused their constituents to lose out on billions of dollars of deductions.


CAQ updates auditor assessment tool

The Center for Audit Quality has released an updated version of its tool for audit committees to address recent changes in accounting standards and potential areas of risk.


Opportunity zone investing: Reinvestment requirements and the 180-day time frame

The program offers qualifying taxpayers who have capital gains income a highly flexible way to defer and eliminate a portion of the federal gain and possibly state gain.


IRS issues guidance on private activity bonds for veteran housing

The Internal Revenue Service released a revenue procedure Wednesday offering guidance on the use of tax-exempt bonds to provide housing for military veterans, farm workers and other groups.


Downturn seen in March private employer hiring, says ADP

Private sector employment increased by a relatively sparse 129,000 jobs in March, amplifying concerns about hiring after a disappointing jobs report a month ago.


U.K. lawmakers demand breakup of Big Four accounting firms

Firms should be forced to legally separate their “cash cow” consulting work from their auditing businesses, a U.K. Parliament committee said.