The Latest

Private sector employers added 204,000 jobs in August, including 78,000 jobs at small businesses, according to payroll giant ADP, in a further indication of a strengthening economy.

Daniel Schwartz, chief executive officer of Burger King Worldwide Inc., said last week he doesn’t expect “meaningful tax savings” when the company adopts a new legal address in Canada through the purchase of a doughnut chain there.

CPAs who are also business executives are becoming more optimistic about their hiring plans, according to a new survey by the American Institute of CPAs.

Johanna Nielsen has joined Citrin Cooperman as an audit partner in the Capital Markets and Private Equity Group in the New York City office.

The third quarter AICPA Economic Outlook Survey, which polls executive officers, chief financial officers, controllers and other certified public accountants in U.S. companies, has found that one in five companies expect to hire new staff in the coming year.

A trade group representing credit unions is expressing concerns over upcoming standards from the Financial Accounting Standards Board on credit losses.

For half a century, U.S. consumers have been accustomed to swiping and signing when making credit card purchases. But soon the magnetic stripe will go the way of Pan Am airlines and Bear Stearns.

I recently began a new client relationship with a partner who told me he hadn't seen much growth in his practice over the past several years. However, unlike many of my clients who aren't sure of why their practice growth has stalled, he knew precisely what was happening. He equated the stall in growth to his inability to spend time developing client relationships.

The research and advisory firm Celent has released a new report cautioning wealth management professionals to be careful about using personal information, recent location and analytical data in their communications with clients that could strike them as “creepy.”

Highlights of some of our favorite tax-related blogs from the past week.