Featured News

  • Watchdog clamps down on cryptocurrencies

    July 1, 2019

    Bitcoin and other cryptocurrencies will soon be subjected to rules designed to prevent their abuse for money laundering, in the first worldwide regulatory attempt to constrain them.

  • Accounting educators: Apply now for research funding

    June 30, 2019

    Accounting educators may wish to apply for $10,000 in research funding provided by the Assurance Research Advisory Group. The submission deadline is July 12.

  • Tax transcript tips for those filing a 2019–2020 FAFSA

    June 29, 2019

    The IRS Data Retrieval Tool is a fast and accurate way for parents and students to obtain tax return information required to complete the Free Application for Federal Student Aid (FAFSA) form.

  • New malware campaign uses Excel attachments

    June 28, 2019

    Hackers are sending emails with an Excel attachment that includes malicious macros in an attempt to spread the FlawedAmmyy malware.

  • Employers fight against rising health costs

    June 27, 2019

    That health care costs continue to rise is not news to anyone. But what is new is that increasing numbers of employers are doing what they can to help fight the rising costs.

  • Global financial wealth growth weakened in 2018

    June 26, 2019

    In 2018, global financial wealth growth slowed dramatically after a strong 2017 gain. And when a rebounding U.S. dollar is factored in, asset values actually declined.

  • Converting a C corporation to LLC status

    June 25, 2019

    In certain situations, converting a C corporation to LLC status may benefit the C corp shareholders, providing limited liability and the advantages of pass-through taxation.

  • Mid-year tax legislation update

    June 24, 2019

    Not much has happened this year in the way of tax legislation, but it’s always good to know what initiatives are on the docket in Washington and where they stand.

  • Helping affluent clients navigate RMDs

    June 23, 2019

    Most seniors look forward to taking the required minimum distributions (RMDs) from their retirement accounts to help with expenses, while more affluent clients may not need their RMDs. But they still have to take them.

  • Taxing fantasy sports earnings

    June 22, 2019

    The Fantasy Sports Trade Association says fantasy sports is a $7 billion industry. The ongoing tax debate is whether fantasy sports should be classified as “gambling” or “hobby.”