By Naveen Singh 3 min read

It's a valuable time for businesses to reflect on the challenges of the last couple years and prepare for how the pandemic will continue to impact their businesses in the year ahead. View story →

By Michael Cohn 2 min read

The Governmental Accounting Standards Board is adding a major project on going concern uncertainties and severe financial stress to its technical plan for the first third of this year. View story →

By Michael Cohn 2 min read

FICPA held its second annual Virtual Advocacy Day on Thursday, with members meeting online with lawmakers. View story →

By Jeff Stimpson 6 min read

Seven digits short; Miami vice; nice going, Ace; and other highlights of recent tax cases. View story →

By Michael Cohn 2 min read

Parthenon Capital, a private equity firm based in Boston, has struck an agreement with the Chicago-based Top Five Firm's wealth management practice. Read story →

By Michael Cohn 6 min read

Global sales tax changes over the past year have been accelerating due to COVID-19, supply chain pressures, e-commerce and nexus issues, plus other factors. Read story →

By Michael Cohn 2 min read

The board is surveying stakeholders about easing the audit requirements for less complex companies, while beefing them up for more complicated structures. Read story →

By Michael Cohn 3 min read

The Internal Revenue Service expanded the transition period from 30 to 45 days to provide evidence to back up tax refund claims involving the research and development credit, while issuing new guidance. Read story →

By Michael Cohn 2 min read

Private sector employers added 807,000 jobs in December, according to payroll giant ADP, as the job market continued to recover despite the ongoing COVID-19 pandemic. Read story →