Latest Articles

September 29, 2014 

Accounting and tax software maker Wolters Kluwer, CCH has launched its new CCH Apportionment Suite, enabling tax professionals to determine apportionment, proper sourcing of items and final calculation of specific state apportionment percentages. The solu

September 29, 2014 

The American Institute of CPAs (AICPA), the National Association of State Boards of Accountancy (NASBA) and Prometric today announced that testing for the Uniform CPA Examination in the Middle East will be open to all qualified citizens and permanent resi

September 29, 2014 

The accounting, tax and advisory firms of CohnReznick LLP and Watkins Meegan LLC, have signed a letter of intent to combine practices, expected to be effective on November 1, 2014. The combination brings added bench strength to both firms and will bolster

September 25, 2014 

Thomson Reuters confirmed today that UltraTax CS will provide an eSignature offering for the upcoming tax season.

September 25, 2014 

The AICPA is concerned that current electronic signature standards for “remote transactions” are not strong enough to protect taxpayers’ confidential information.

September 25, 2014 

Cloud-based travel and expense management software provider Certify has added several new features geared toward large enterprise customers. The new features are designed to help accountants and executives analyze T&E spending more efficiently while ...

September 24, 2014 

While three-quarters (75 percent) of frequent travelers expect their loyalty program data to be secured to at least the same standard as a financial institution, only 33 percent feel their accounts are secure enough, according to a new Deloitte study, "Lo

September 24, 2014 

Will it be a boom or a bust for retailers this holiday season? A new survey shows that steadily improving economic fundamentals should moderately boost holiday sales in the stores and online this year. “Income, wage and job growth are positive indicators heading into the holiday season,” said Daniel Bachman, Deloitte’s senior U.S. economist, referencing...…

September 24, 2014 

The American Institute of CPAs has submitted comments to the Internal Revenue Service (IRS) and Department of the Treasury relating to the issue of material participation by a trust or estate in a trade or business for purposes of section 469 of the Internal Revenue Code. The AICPA explained that section 469, which was enacted...…

September 24, 2014 

The IRS has decided it won’t appeal a recent court ruling handed down in favor of Ryan, a global tax preparation services firm, that invalidates and permanently enjoins the IRS from prohibiting such arrangements for refund claims and amended returns.

Ken Berry, JD

September 23, 2014 

Not properly mitigating risk when expanding to emerging markets, lacking an accurate understanding of the impact of natural capital and failing to create the proper ethical culture can all prove to be weak links in a company’s value chain.

September 23, 2014 

The “myRA” (“My Retirement Account”) is a new retirement savings account designed for employees who don't have access to an employer-sponsored 401(k) plan or who aren't eligible for their employer’s plan, but are looking for a simple, safe, and affordable