Rootworks adds business advisory resources for firms

The member-based organization for accounting entrepreneurs is offering ways for accountants to advise clients on setting up a business.


A new wrinkle in the hobby loss rules

A Tax Court ruling highlights the impact of the Tax Cuts and Jobs Act.


Private equity firms get clarity on interest deduction limits

Highly-leveraged companies can start calculating just how much the Republican tax law limits their interest deductions for debt, thanks to 439 pages of regulations released by the Internal Revenue Service on Monday.


KPMG South Africa names Ignatius Sehoole chief executive officer

The auditing firm new CEO is expected to replace Nhlamulo Dlomu, who will be taking up a global role May 1.


Trump’s threat to kill GM’s tax credit subsidies prompts skeptical response

A legislative repeal of the credit could actually end up giving GM a better competitive position.


In the blogs: Declawed

Reform and job creation; Ohio takes bitcoin; getting everyone to agree; and other highlights from our favorite tax bloggers.


GASB proposes implementation guidance for standards

The Governmental Accounting Standards Board proposed implementation guidance Tuesday to help explain some of its pronouncements.


BMSS merges in Hall Albright Garrison & Barnes

Barfield Murphy Shank & Smith, a Regional Leader firm based in Birmingham, Alabama, is adding Hall Albright Garrison & Barnes, based in Huntsville, effective Jan. 1, 2019.


AccuFund updates include a bot

The addition of a bot is a move in step with the major boom in machine learning and artificial intelligence in the accounting software market.


Crowe acquires Asset Optimization Group

Crowe LLP, a Top 100 Firm based in Chicago, said Wednesday it has signed a deal to buy Asset Optimization Group LLC, a Toledo, Ohio-based health care technology and consulting firm, from Hylant Group Inc., effective Dec. 1, 2018.