Accountants and lawyers join forces to challenge Trump’s tax rule.

Accountants and lawyers in the U.S. are actively lobbying against proposed tax increases aimed at professional service firms embedded in Donald Trump’s hefty legislative package. If their efforts don’t sway Republican senators, negotiations on this major tax and spending bill are ongoing. This week, the American Bar Association sent a letter to a senator, calling […]
US Imposes Sanctions On Group Of Accountants For Allegedly Defrauding Americans In Timeshare Schemes

The United States Treasury Department imposed sanctions on Tuesday targeting accountants working with Mexican drug cartels to perpetrate timeshare fraud on Americans. The sanctions are directed at three accountants and four Mexico-based real estate firms linked to the Jalisco New Generation drug cartel, according to CBS News. The U.S. sanctioned other individuals tied to the […]
There’s a shortage of accountants in the U.S. Here's what to do if you can’t find one for tax season – CNBC

Alvaro Gonzalez | Moments | Getty Images Accounting has a reputation for long hours and stressful deadlines, leading college students to choose other high-paying jobs in the financial field, such as investment banking, consulting, and data analysis. Declining birth rates are also contributing to the shortage of accountants, said Henry Guses, principal manager of tax […]