By Daniel Hood Published November 26 2017, 4:54pm EST Over the course of the several years that the accounting profession has been struggling with staffing issues, I’ve noticed something of a Freudian slip in the way people describe the situation: More and more, I hear people refer to the war on talent, as opposed to the war fortalent.… Read More

By Roger Russell Published November 21 2017, 12:22pm EST With both houses of Congress making progress on their respective tax reform bills, experts are turning their eyes to the conference process – where one issue is looking particularly thorny for the conferees. “The House and the Senate bills are not that far apart with regard… Read More

By Erik Wasson, Laura Litvan, Toluse Olorunnipa, Laura Davison, Allyson Versprille, Sahil Kapur, John McCormick and Kaustuv Basu Bloomberg News Published November 28 2017, 8:30am EST The Senate tax bill is headed for a marathon debate this week as Republican leaders plan to hold a floor vote as early as Thursday—but first, it had to… Read More

By Lizette Chapman Bloomberg News Published November 14 2017, 11:56am EST Startups and venture capitalists rarely get worked up over laws before they pass, but the tax plan currently winding its way through Congress is causing an uproar in Silicon Valley. The Senate version of the bill requires employees pay tax on stock options at… Read More

  By Ben Steverman Bloomberg News Published November 20 2017, 11:18am EST Humans learn the concept of fairness at a very young age. After all, it doesn’t take long for a child to start whining about a sibling who gets an extra serving of ice cream. As the Republican-controlled Congress tries to push through tax… Read More

By Ted Needleman Published November 22 2017, 12:36pm EST It used to be that nonprofit accounting was the staid uncle of applications, with not much changing from year to year. That’s simply not true anymore, with vendors of nonprofit software working hard to keep up with the changing times, changing regulations and reporting requirements, and… Read More

By Ranica Arrowsmith Published November 17 2017, 2:37am EST Intuit has introduced QuickBooks Capital, a lending product targeted at small businesses, and particularly new small businesses. The product joins a growing pool of small business lending options accountants can offer their clients. The loan solution is currently being funded by a small amount of capital… Read More

By Ranica Arrowsmith Published November 17 2017, 5:48am EST QuickBooks Connect 2017, Intuit’s fourth annual QuickBooks user conference, placed a heavy focus on QuickBooks Online Accountant, introducing various small, but significant, updates that were met with enthusiastic approval from attendees. “Our product vision is extremely clear: We want QBOA to be the one place to… Read More

By Edvard Pettersson Bloomberg News Published November 14 2017, 5:56am EST Yelp Inc. can’t shield the identify of an anonymous reviewer who posted allegedly defamatory statements about a tax preparer. The ruling Monday by a California state appeals court is a setback for websites in an ongoing battle to protect their users, as well as… Read More

By Michael Cohn Published November 15 2017, 2:19pm EST Many businesses are still getting ready for the new revenue recognition and leasing standards, and in some cases that involves changing their technology and processes. The revenue recognition standard takes effect for public companies starting in December, while the leasing standard takes effect next December, but… Read More