Accounting
How lawmakers negotiated through fits and starts to strike a debt-limit deal
With roughly two weeks until the U.S. Treasury was going to run out of money to pay the government's bills,...
AICPA recognizes 50 top CPA exam performers
The American Institute of CPAs announced the 50 winners of the Elijah Watt Sells award Thursday, which recognizes candidates who...
AICPA CPA exam scholarship applications now open
The AICPA Foundation is offering more than $75,000 in scholarships for CPA exam candidates and accounting students. The CPA Exam Scholarship...
Tax Fraud Blotter: Home is where the con is
Vroom vroom; insecurities; catalytic catastrophe; and other highlights of recent tax cases.Jefferson City, Missouri: Tax preparer Josiah Mator Jr. has...
Can a foreign-qualified LLC or corporation change its entity type?
At some point in a business's lifetime, it may make sense to change its legal business structure. Recently during a...
IRS mediation alternatives not used enough
The Internal Revenue Service's alternative dispute resolution programs for mediating tax issues between taxpayers and the agency, can be faster...
IFAC signs pact with International Bar Association
The International Federation of Accountants signed a memorandum of understanding with the International Bar Association to formalize a commitment to...
Grant Thornton lays off 300 employees
Grant Thornton has laid off approximately 300 employees, or about 3% of its staff, mostly in the advisory and tax...
IRS begins talks on pilot test of free tax software
The Internal Revenue Service has started holding discussions with advocacy groups on the free direct file tax system it plans...
Minnesota’s 150-hour bill for CPA licensure to carry over to 2024
A controversial legislative proposal championed by the Minnesota Society of CPAs to give would-be CPAs alternatives to having to earn...
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