The Consumer Financial Protection Bureau proposed long-awaited rulemaking last week to protect consumers from falling into the trap of ever-spiraling debt for taking out a short-term “payday loan.”
Congress and the Internal Revenue Service are starting to take a closer look at the museums set up by private foundations that receive special tax-exempt status from the IRS.
Forget about Yul Brynner, Steve McQueen, Charles Bronson, James Coburn, Robert Vaughn, Horst Buchholz and Brad Dexter. Accountants need a “Magnificent Seven” set of attributes to survive in today’s business environment, according to new research from the Association of Chartered Certified Accountants.
The Center for Audit Quality is providing support for more independent auditing-related research by picking two new academic research proposals for funding.
Two new surveys highlight the differing financial situations of older and younger adults.
Accounting Today columnist Jody Padar and former Accounting Today senior editor Liz Gold are co-hosting a new podcast series, “Let’s Get Radical.”
A new survey of U.S. taxpayers living abroad finds widespread opposition to the Foreign Account Tax Compliance Act, or FATCA, and similar tax compliance requirements.
The so-called “sharing economy” isn’t doing such a good job of disseminating the necessary tax information with its participants.
Figuring out how to pay taxes on gambling wins can be difficult for many tax clients, not to mention how to account for the losses.
Summer isn’t too far away, and many parents are wondering if they can afford to send their kids away to summer camp this year. The ability to take a tax deduction for such expenses could make all the difference.