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The House Ways and Means Oversight Subcommittee held a hearing Wednesday on “protecting small businesses from IRS abuse,” a day after the House Judiciary Committee held a misconduct hearing in an effort to oust IRS Commissioner John Koskinen.

Different takes on where the profession needs to go

Don't let the future grind you down

Sen. Ron Wyden, D-Ore., the ranking Democrat on the Senate Finance Committee, has introduced legislation that would require presidential nominees such as Donald Trump, the presumptive Republican nominee, to release their tax returns.

Armanino, the largest independent accounting and business consulting firm in California, announced on Wednesday that its eighth annual Great Give will take place on Thursday, May 26. The yearly community service event sees the whole firm volunteer with nonprofits for a full day of philanthropic efforts that serve Armanino's communities.

Deloitte Touche Tohmatsu has introduced Deloitte Pixel, a new service that leverages “crowdsourcing” technology to allow outside people to help the firm develop new services and projects for Deloitte and its clients.

CBL & Associates Properties Inc. fell as much as 12 percent after a published report said the U.S. retail landlord is being investigated for accounting fraud.

The National Association of State Boards of Accountancy has released for the first time in history an official CPA population statistic representing the total number of individual, U.S.-licensed CPAs.

Ultimately, innovation is a long-term strategy, needs a long-term focus, and so someone needs to officially take the reins for you to achieve success. Ultimately as our profession continues to evolve, innovation is less and less an option -- and more and more a requirement for success to keep our firms viable and achieving their full potential.

Agents working with the Treasury Inspector General for Tax Administration have arrested five individuals who impersonated Internal Revenue Service employees and demanded payment from taxpayers.