The Latest

The AICPA identified eight issues it believes are essential for Congress to consider in order to achieve small business tax reform in written testimony submitted last week to the House Small Business Committee for the record of the hearing the committee held on April 15, 2015 entitled, “Tax Reform: Ensuring that Main Street Isn’t Left Behind.”

Marc Rosenberg of Rosenberg Associates talks about ways to encourage growth in accounting firms and attract qualified staff, and the threats and dangers that firms confront if they become too complacent, in an interview with Accounting Today editor-in-chief Dan Hood.

Junior Achievement of Southwest New England and BlumShapiro announced today that they will co-host the second annual JA Career Walk in West Hartford Center for West Hartford’s Hall High and Conard High school students. The program looks to prepare students for the real world and gain a better understanding of jobs in their community.

The American Institute of CPAs has issued a set of questions and answers on the services a practitioner can provide in connection with the American Land Title Association’s Best Practices Framework for real estate settlement.

I had a client who had five sons and three daughters that worked in his business. Their ages ranged from 28 to 48. I was helping him with exit planning and suggested that I could possibly structure a transaction where either some or all of his children could buy his business.

ClassPass is foremost a membership program, but its companion app speaks to the mobility of its mission.

A Miami resident has been charged with threatening to destroy the Internal Revenue Service building with either fire or a bomb.

H&R Block said Monday that two-thirds of tax filers among its client base who received health insurance coverage under the Affordable Care Act via the state or federal insurance marketplaces had to pay back an average of $729 of the Advance Premium Tax Credit, cutting their potential refund by nearly one-third.

A Citigroup Inc. unit and PricewaterhouseCoopers LLP must face claims they played a part in costing investors more than $1 billion in Bernard Madoff’s massive Ponzi scheme, an appeals court ruled.

The Financial Accounting Standards Board has proposed three accounting standards updates related to employee benefit plans and another update for electricity contracts.