November 10, 2016

Wolters Kluwer Offers Report on Trump Tax Policy

Wolters Kluwer Tax & Accounting has written a special post-election tax briefing on the tax law changes that could occur when Donald Trump takes office next year. The changes could be yuuge.

Continue reading "Wolters Kluwer Offers Report on Trump Tax Policy"

Posted by Michael Cohn at 05:06PM | Comments (0)

November 9, 2016

Accounting Could Play Role in Reaching U.N. Global Goals

The International Federation of Accountants has released a report describing how the accounting profession can help the United Nations achieve its sustainable development goals.

Continue reading "Accounting Could Play Role in Reaching U.N. Global Goals"

Posted by Michael Cohn at 02:02PM | Comments (0)

November 8, 2016

IRS Looks for Outside Tax Researchers

The Internal Revenue Service is opening up its detailed tax data to researchers outside the federal government who can make use of the information in their studies.

Continue reading "IRS Looks for Outside Tax Researchers"

Posted by Michael Cohn at 04:36PM | Comments (0)

November 7, 2016

FASB Makes Changes in Investor Advisory Committee

The Financial Accounting Standards Board is refining the role of its Investor Advisory Committee to bring more of an investor perspective to the accounting standard-setting process.

Continue reading "FASB Makes Changes in Investor Advisory Committee"

Posted by Michael Cohn at 06:09PM | Comments (0)

November 3, 2016

House GOP Members Object to Proposed Estate Tax Rules

Republicans on the tax-writing House Ways and Means Committee sent a a letter Thursday to Treasury Secretary Jacob Lew asking him to withdraw the Treasury’s recently proposed regulations on estate and gift taxes.

Continue reading "House GOP Members Object to Proposed Estate Tax Rules"

Posted by Michael Cohn at 05:26PM | Comments (1)

November 2, 2016

Hedge Your Tax-Planning Bets for the Election

Whether Hillary Clinton or Donald Trump is elected next Tuesday, there are some tax-planning moves that will make sense for your clients no matter who gets into the Oval Office.

Continue reading "Hedge Your Tax-Planning Bets for the Election"

Posted by Michael Cohn at 05:52PM | Comments (1)

November 1, 2016

Audit Committees Shed More Light on Auditor Oversight

Audit committees are increasing the amount of information they are giving investors on the actions they are taking to oversee their outside auditing firms, according to a new report.

Continue reading "Audit Committees Shed More Light on Auditor Oversight"

Posted by Michael Cohn at 03:49PM | Comments (0)

October 31, 2016

Holiday Bonuses Could Be Bigger This Year

Three-quarters of companies plan to give employees holiday bonuses this year, up from 67 percent last year, according to a new survey of 500 HR and hiring managers by the staffing company Accounting Principals.

Continue reading "Holiday Bonuses Could Be Bigger This Year"

Posted by Michael Cohn at 11:32AM | Comments (0)

October 28, 2016

AICPA Sees Pre-Election Boost in Financial Satisfaction

With the presidential election just around the corner, the American Institute of CPAs is detecting signs of renewed optimism in individuals’ financial outlook.

Continue reading "AICPA Sees Pre-Election Boost in Financial Satisfaction"

Posted by Michael Cohn at 05:41PM | Comments (0)

October 27, 2016

Tax Reform Could Lead to More Profit Shifting by Multinationals

Multinational corporations could end up shifting even more of their income to low-tax countries under some tax reform proposals, according to a new study.

Continue reading "Tax Reform Could Lead to More Profit Shifting by Multinationals"

Posted by Michael Cohn at 02:03PM | Comments (0)