ACCOUNTING

Accounting Today news quiz: May 23

Test your accounting knowledge on AI job opportunities, M&A, and more. No. 2 pen...

AICPA names Carla McCall as new chair

The American Institute of CPAs elected the managing partner of AAFCPAs as its ne...

Intuit to cease QuickBooks Desktop 2021 support May 31

The discontinuation includes all 2021 versions of QuickBooks Desktop Pro, Deskto...

Financial professionals need collaborative strategies

Barriers keep CPAs, attorneys, financial advisors and brokers from communicating...

KKR signs private credit loan for Australia's MYOB

The private equity giant acquired the accounting software firm in 2019.

New York City's tourists fuel record $4.9B in tax revenue

Tourists are expected to generate a record $4.9 billion in sales and other touri...

Hunter Biden criminal tax trial postponed to Sept. 5 in...

President Biden's son had been scheduled to go on trial on June 20 on charges he...

Two-thirds of businesses say audits hinder growth

Traditional audits may hinder business growth potential as accounting firms are ...

HSAs come with pitfalls — here's how to avoid them

They have oft-cited tax advantages, but the available research raises alarms abo...

IRS extends Free File through 2029

The program with third-party tax vendors will continue for another five years de...

CAQ asks PCAOB to delay standards

The Center for Audit Quality wants the Public Company Accounting Oversight Board...

Melancon to retire at year's end

The long-time head of the AICPA — and one of the foremost leaders of the profess...

The wisdom of being a lazy CPA

Once you see how much more value you and your managers can deliver to the firm w...

S&P 500 companies boost profit by stripping more items ...

Large companies are bolstering their adjusted earnings per share by excluding it...

Hedge fund founder on trial for £1.4B tax scam treated ...

Testifying at a London court from a Danish prison via a video call, Sanjay Shah ...

Massachusetts risks $1B in lost tax revenue as rich flee

If the current trend continues, more than 96,000 residents making a combined $19...

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