As Congress begins to digest President Obama’s proposals for changes in how to tax the foreign earnings of U.S. multinational companies, a brief refresher on business structure might be useful.
The Institute of Internal Auditors is sending out a survey in 23 languages to internal auditors around the world in an effort to gauge the opinions of audit professionals across the globe.
A new study finds that U.S.-based multinational corporations move an average of $12 billion in taxable income back into the country each year without paying taxes, thanks to complex mergers and acquisitions.
The small business mentoring organization SCORE has compiled some new statistics demonstrating how much time and money small businesses spend each year on accounting, taxes and payroll administration.
It’s often a challenge to get clients to open up when they come in for their annual appointment during busy season. Maureen Schwartz, executive director of the global public accounting firm association BKR International, offers these 10 conversation starters to ask your clients.
PricewaterhouseCoopers is forecasting Super Bowl XLIX will generate approximately $206 million in direct spending in the greater Phoenix area, and that’s not adjusting for deflation, so to speak.
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The Internal Revenue Service and the Treasury Department have issued a notice saying they anticipate issuing proposed regulations that would permit a state or local retirement system that is a governmental plan to cover public charter school employees if certain requirements are satisfied.
The Financial Accounting Standards Board is still in the process of deciding whether the revenue recognition standard that it converged last year with the International Accounting Standards Board should be delayed to allow more companies to adjust to it before the new rules take effect in 2017. But that doesn’t mean companies should wait in case there’s a postponement.
Accountants who offer business valuation services can bring in new business for their practices, although perhaps not as frequently as they would get from more familiar bread-and-butter services.
A new report finds that every state tax system, with the exception of the District of Columbia, taxes its poorest residents at significantly higher tax rates than the wealthiest 1 percent of taxpayers.