Burn, baby, burn. That's a beautiful thing.” These words came from an Enron energy trader, caught on tape during the ...

This article is the first in a new column, Personal Financial Planning, covering the role of CPAs in advising individuals and ...

On January 5, 2025, President Biden signed H.R. 82, the Social Security Fairness Act of 2023 (Public Law 118-273), to repeal ...

IN BRIEF Public company auditing is a complex and challenging area of accounting practice. The following revisits the authors ...

A recent case, Senty v. United States, provides several important lessons for tax return preparers . Mr. Senty was involved ...

Today's global workers and their employers are at risk of triggering US tax and compliance obligations. The stakes are high for CPAs serving global ...

The crisp autumn air, the changing colors of the leaves, and ever-earlier sunsets always remind me that change is constant.

Thoughtful tax advisers are always wary of planning approaches that seem “too good to be true.” Making such a determination can be difficult, because ...

Any family business, however successful, will reach a day when ownership must change hands. A plan of succession for ownership of business interests ensures that the business will continue to operate ...

The debate over how well the accounting curriculum in the United States serves the needs of both students and practitioners continues unabated. A key focus remains on how well students are actually ...

Around the turn of the century, the largest public accounting firms featured fast-growing advisory services divisions. Tension within these firms, and stricter regulations in the form of the ...