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As tax professionals, we’re used to seeing a myriad of changes to the tax code every year. We spend hours familiarizing ourselves with the details so we’re prepared to advise our clients in the New Year.

As the founder of a consulting firm that provides cloud-based accounting software and business-process-as-a-service outsourced accounting in the cloud, I’ve gotten a first-hand look at the adoption of cloud software in finance and accounting.

Most taxpayers have at least a vague understanding of the principle that gifts do not constitute taxable income, while payments for services are taxable. Unfortunately for exotic dancer and professional adult entertainer Veronica Fairchild, there is no middle ground which would allow her to include in income some of the money she received from a client as payment for her services, while she characterized the bulk of what she received as gifts.

Relatively few employers are claiming the Small Business Health Care Tax Credit under the Affordable Care Act, according to a new government report.

The National Retail Federation is urging Congress to reject any form of consumption tax as it considers a variety of tax reform proposals in a hearing Tuesday.

Marc Fleischman has been appointed CEO of BeachFleischman, succeeding Bruce Beach, who has led the firm as CEO since 1990.

RSM US LLP, the firm formerly known as McGladrey, has begun compiling an index of middle-market business performance, in collaboration with Moody’s Analytics.

A Washington-based watchdog group is taking aim at Donald Trump, accusing his foundation of making political contributions that may have violated its status as a tax-exempt charity.

More than half of companies in India are not yet ready for new Indian Accounting Standards, according to a new survey.

The Internal Revenue Service has released the Top 10 Identity Theft Prosecutions for Fiscal Year 2015 to highlights its efforts to combat tax refund fraud and identity theft.