The Latest

Acumatica announced the release of its latest version 4.2 at the cloud-based ERP provider’s annual spring training for partners.

The United States is working with other countries on multinational corporate tax issues, including the increasingly thorny issue of base erosion and profit shifting.

The Data Transparency Coalition and the AICPA are commending the Senate for approving an amended version of the Digital Accountability and Transparency Act.

While the tax code definition of useful life for business assets is intended to correspond to their actual life, this isn’t always the case.

The Financial Accounting Standards Board has issued new guidance on representing when a company or organization discontinues its operations.

The Internal Revenue Service said Thursday it has initiated more than 200 new investigations this filing season into identity theft and tax refund fraud schemes, and the IRS Criminal Investigation unit has started 295 new identity theft investigations since January, pushing the number of active cases to more than 1,800.

Public company audits worldwide suffer from persistent deficiencies in critical audit areas, raising concern among international audit regulators, according to a new report released Thursday by the International Forum of Independent Audit Regulators.

Avalara has formed a strategic alliance with the Maryland Association of CPAs to provide its more than 9,000 CPA members access to educational resources and partnering programs.

The House Committee on Small Business held a hearing to discuss the biggest tax problems for small businesses.

Armanino released the cloud-based budgeting and comprehensive reporting Intacct-Adaptive Insights Solution.