Accounting
Top stories summarized by our editors
5/20/2019

OPEC and a group of allies led by Russia will discuss at least two approaches to increasing oil production, sources say. However, OPEC's internal simulations indicate that if production limits are relaxed too quickly, the policy shift could lead to a glut.

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MarketWatch
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OPEC
5/20/2019

Maximizing after-tax income, rather than minimizing the tax bill at all costs, should be the goal. Here are five strategies that help.

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Kiplinger online
5/20/2019

Lawmakers in states nationwide have been exploring the idea of taxing services accounting firms provide. In some cases, the taxes haven't been implemented, but the issue remains a challenge for advocates for the CPA profession.

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CPA
5/20/2019

On Wednesday, the Internal Revenue Service notified tax-software companies it had discovered an error in the Schedule D, Capital Gains and Losses, Tax Worksheet used to calculate tax on certain capital gains that had new rates as a result of the law known as the Tax Cuts and Jobs Act. The IRS corrected the worksheet Thursday and advised practitioners to download corrected instructions.

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Internal Revenue Service
5/20/2019

A provision in the 2017 tax overhaul is leading some college students to face tax rates of up to 37% on nontuition assistance they receive to cover expenses such as room and board.

5/20/2019

There are more communication channels than ever, so it is important to make the right choice about whether to use email, text messages, phone calls or face-to-face meetings in a work situation. Here is a guide to help you decide when each channel is appropriate.

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Fast Company online
5/20/2019

This article offers tricks and a quartet of quick video walk-throughs to make you more efficient and effective with Microsoft's ubiquitous spreadsheet application.

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CPA Insider
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Microsoft
5/20/2019

Technology is changing the accounting profession. Does initial CPA licensure need to evolve as a result? As the National Association of State Boards of Accountancy and the AICPA explore the answer to that question, we asked CPAs like you what they thought. Here's how they responded.

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AICPA Insights
5/20/2019

Would you believe it if we told you robotic process automation isn't nearly as hard to adopt as it sounds? After years of changes and developments, RPA is finally for everyone, including you. Learn how a business of any size can implement it.

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AICPA Insights
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RPA
5/20/2019

Japan's economic growth clocked in at an annual rate of 2.1% in the first quarter, according to government data. It was the second straight quarter of growth.

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The Associated Press