Accountants can provide valuable advisory services to clients on estate planning, including dealing with wills and estate taxes, and dealing with issues such as charitable giving, charitable remainder trusts, wealth transfer and the gift tax.
The Internal Revenue Service has filed documents in U.S. Tax Court claiming that Michael Jacksons estate has severely undervalued his image and music catalog, telling the pop stars executors that the estate owes an extra $505 million in taxes, plus $197 million in penalties. Read more »
March 19, 2014
The U.S. District Court for the District of Maryland has held a pair of family estate executors... Read more »
January 30, 2014
Congress voted in December 2010 to let wealthy Americans make tax-free gifts of as much as $5... Read more »
January 28, 2014
The Internal Revenue Service has issued new rules providing an automatic extension of time for... Read more »
January 20, 2014
The Internal Revenue Service has decided to postpone a change it had planned for this year to... Read more »
January 8, 2014
The Internal Revenue Service has released draft instructions for Form 8960, the Net Investment... Read more »
January 6, 2014
Congress dangled an incentive for high-income Americans to convert their tax-deferred individual... Read more »
December 27, 2013
Among the nations billionaires, one of the most sought-after pieces of real estate right... Read more »
December 24, 2013
Beginning on January 1, the Internal Revenue Service plans to limit the number of e-file... Read more »
December 17, 2013
The popularity of the grantor retained annuity trust, or GRAT, shows how easy it is for the... Read more »
December 6, 2013
Top 100 Firm Marcum LLPs Lesbian, Gay, Bisexual & Transgender Practice has released a list... Read more »
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April 18, 2014
Jim Metzler, former AICPA vice president of small firm interests, and founder of Metzler Advisory Group, talks about how the CPA profession is changing.
April 14, 2014
Transition Advisors president Joel Sinkin talks about what firms should do after a merger to retain their clients and staff members.
April 2, 2014
Gale Crosley of Crosley + Company discusses the practice areas and international opportunities that firms often overlook in trying to grow.
March 31, 2014
Running a little late could have big repercussions, especially at a firm in the midst of busy season. From escaped zebras to must-see TV, employers told CareerBuilder some of the most memorable excuses they've heard from tardy employees.
March 19, 2014
The NAEAs collection of ridiculous things tax clients believe.
March 10, 2014
The firms with the highest 2013 revenue growth in our Top 100 Firms/Regional Leaders list.
March 3, 2014
As companies gain more affordable access to new technology and platforms, they also seek to make smarter investments.
January 31, 2014
The Minnesota Society of CPAs recently conducted its annual survey about the most strange and unusual tax deductions proposed by clients.