Warren proposes universal child care plan funded by wealth tax

The Democratic presidential candidate would limit American families’ expenses to 7 percent of income regardless of how many children they have in care.


Art of Accounting: We are being dragged kicking and screaming

Last Wednesday I heard AICPA president and CEO Barry Melancon speak at the Accountants Club of America. His speeches are always a don’t miss opportunity.


Intuit is exploring bookkeeping, and it’s not a bad thing

QuickBooks will actually increase the market for bookkeepers.


Amazon may get tax break for poor with project in richest county

Amazon.com Inc. walked away from billions of dollars of public subsidies when it announced Thursday it was abandoning plans for an office complex in New York. But it can still qualify for federal tax breaks intended to help distressed communities by building a new Virginia data center in America’s wealthiest county.


Firms giving back: Sax gifts $15K to inspiring nonprofit

A Warren Averett staffer is named Atlanta Habitat chairperson; Friedman LLP participates in a local Equinox Cycle for Survival charity ride; and the Bonadio Group donates to two local Habitat for Humanity chapters.


Value beyond the numbers: How to grow with your clients

Firms are now diversifying their offerings with additional services that support clients throughout their lifecycle.


Senior partners, you’re out of touch and out of time

The top firms long ago figured out that it’s smart business to pass the baton from senior partners to the next generation.


IRS delays processing of enrolled agent renewals, but enrollments won't expire

Some EA registrations were due to expire at the end of March, but the partial government shutdown delayed processing.


FASB proposes changes in accounting for deferred revenue in business combinations

The Financial Accounting Standards Board issued a proposed accounting standards update Thursday on the recognition and measurement of deferred revenue in business combinations.


Patisserie Valerie rescued by deal with Causeway Capital after accounting scandal

The bakery chain was rescued by an Irish private-equity firm after an accounting scandal pushed the U.K. cake baker into insolvency.