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The Institute of Management Accountants is shedding light on the colleges and universities in the U.S. and other parts of the world whose students had the highest pass rates on the Certified Management Accountant exam. The results this year indicated that at least four U.S. schools — Cornell University, the University of Michigan in Ann […]
Progressive House Democrat Alexandria Ocasio-Cortez called for a sharp tax hike on the highest incomes in order to fund a massive “Green New Deal” plan that would phase out fossil fuels by 2030, as she tries to push the political debate to the left. “It’s ambitious,” the New York Representative told 60 Minutes in an […]
House Ways and Means Committee Chairman Richard Neal, D-Mass., is asking the Internal Revenue Service and the Treasury Department to explain what impact the partial government shutdown will have on the upcoming tax season. In separate letters Friday to IRS Commissioner Charles Rettig and Treasury Secretary Steven Mnuchin, Neal pointed out that tens of thousands […]
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The American Institute of CPAs’ Auditing Standards Board voted to issue a final version of its Statement on Auditing Standards, Omnibus Statement on Auditing Standards—2019, to align its guidance more closely with that of the Public Company Accounting Oversight Board. The AICPA’s auditing standards are still followed by the auditors of many privately held businesses, […]
Senator Ron Wyden, D-Ore., the top Democrat on the Senate Finance Committee, sent a letter Thursday to Internal Revenue Service Commissioner Charles Rettig asking the IRS to waive the penalties associated with surprise tax bills that he expects to hit millions of workers and families when they file their taxes this year, thanks to the […]
I really enjoy surfing in Southern California. It’s a challenging, beautiful, highly addictive sport that really helps me clear my head. And it’s a great living laboratory of the Pareto Principle at work. No matter what the conditions are on the water, the same 20 percent of the surfers seem to be catching 80 percent […]
Whether your firm wants to improve margins, retain a highly skilled professional or develop a new technology-focused niche, the right technology strategy and solutions can get you there. The challenge for many accounting firm leaders is how to get started the right way. The right approach for each accounting firm requires more than choosing a […]
Wipfli, a Top 100 Firm based in Milwaukee, has expanded its footprint in New England by adding Howe, Riley Howe, a firm based in Bedford, New Hampshire, effective Jan. 1, 2019. As part of the deal, 50 associates from Howe, Riley Howe, including six partners and 44 associates, have joined Wipfli. The combined firm will […]
The decline in small-business job growth continued in December, but hourly wages grew at a moderate pace, according to payroll giant Paychex. The Paychex | IHS Markit Small Business Employment Watch, which Paychex compiles with the research firm IHS Markit, indicated a slight decrease in small-business job growth last month. The Small Business Jobs Index […]
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