AICPA CEO Melancon wants IRS to reduce tax underwithholding penalties

During a speech at the Accountants Club of America, the leader of the AICPA talked about tax reform and the changing shape of the profession.


Has Intuit entered the bookkeeping space?

The blogosphere fires have been stoked by what seemed to be a new live bookkeeping service from QuickBooks.


Avii releases practice management platform

The Utah-based company has released Avii Workspace for tax, audit, advisory, management consulting and compliance organizations.


Can the sole practitioner beat the big guy?

Each and every day, small businesses compete directly against large firms and succeed.


BT execs knew of $339M Italy fraud, prosecutors say

Milan prosecutors say former executives at BT Group were aware its Italian unit hid losses and inflated revenue by producing fictitious invoices.


Lawmakers ask for more relief from underwithholding penalties

Reports of lower refunds are sparking calls for help from some in Congress — and pushback from others.


Deloitte’s Japan firm to pay $2M to settle SEC charges over audits

Deloitte’s member firm in Japan, Deloitte Touche Tohmatsu LLC, is paying a $2 million settlement to the U.S. Securities and Exchange Commission to resolve charges that it issued audit reports for a client at the same time dozens of its employees had bank accounts at a subsidiary of the client.


New safe-harbor guidance for first-year depreciation deduction for cars

The Treasury and the IRS have offered a method to keep up with changes made by the Tax Cuts and Jobs Act.


Grant Thornton gifts $3M to Indiana University

The donation will fund the Grant Thornton Institute for Data Exploration for Risk Assessment and Management, spanning across three IU schools.


Firms named to Fortune's 2019 '100 Best Companies to Work For'

The Big Four and other accounting businesses were recognized for their workplace culture and innovation.