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While it has been around in a variety of forms since 1993, the exclusion for Qualified Small Business Stock Gains under section 1202 of the Tax Code didn’t really come into its own as a tax benefit until the exclusion rate increased to 100 percent in 2010.

Joe DeSilva of ADP explains how accountants can help their small business clients set up a retirement plan, in an interview with Dan Hood of Accounting Today.

The new lease accounting standard is likely to have a much greater impact on lessees than lessors.

The Internal Revenue Service is having trouble coordinating various overlapping programs that deal with referrals on tax evasion, in part because the referrals have to be submitted on paper forms, manually screened and then mailed to various departments within the IRS.

According to a new survey from the AICPA and the Ad Council, one in three millennials (34 percent) ranked saving as their number one goal for the year – in front of living a healthy lifestyle (20 percent), paying off debts (19 percent), and losing weight (14 percent). Despite this, a majority of millennials (65%) attributed their lack of saving to impulse buying.

The Governmental Accounting Standards Board has issued implementation guidance containing questions and answers to clarify some of its recent standards.

The American Institute of CPAs plans to e-mail out ballots to CPAs the week of April 18, immediately after tax season, to vote on a proposal to set up an Association of International CPAs in partnership with the London-based Chartered Institute of Management Accountants.

The Internal Revenue Service has issued a notice delaying the estate basis reporting due date from March 31 until June 30, 2016.

The Internal Revenue Service has revised Form 3115, Application for Change in Accounting Method, and its instructions, for the first time since 2009.

PricewaterhouseCoopers had a big, expensive problem. Turnover, especially among younger employees, was "dreadful," says Carol Sawdye, the company’s vice chairman and chief financial officer.