All Stories

  • IRS Offers Guidance on Using QTIP Elections for Reducing Estate Taxes

    September 29, 2016

    The Internal Revenue Service has released new procedures that help a taxpayer make the decision on whether to opt for a qualified terminable interest property election to reduce estate taxes.

  • Investors Express High Confidence in Auditors

    September 29, 2016

    An overwhelming majority of American investors are confident in the integrity of the U.S. capital markets, including audited financial reports and independent auditors, according to a new survey by the Center for Audit Quality.

  • How the IRS Helps the Rich Get Richer

    September 29, 2016

    This U.S. presidential campaign, and particularly that of Democratic Senator Bernie Sanders of Vermont, moved the issue of income inequality front and center. Now there are some new numbers in that department, and they wonít make many people happy.

  • Tax Fraud Blotter: Dare to Scheme Big

    September 29, 2016

    A roundup of our favorite recent tax fraud cases.

  • Republicans Oppose Treasury’s Estate Tax Proposals

    September 29, 2016

    A group of 41 Senate Republicans is urging the Treasury Department to drop proposed regulations that would eliminate a popular tax strategy for minimizing estate and gift taxes.

  • You Do Not Want to Be On the Radar of the IRS Wealth Squad

    September 29, 2016

    The very rich are different from you and me. They even have their own IRS audit squad.

  • Trump and Clinton Debate Economics

    September 29, 2016

    Although I live a few miles from Hofstra University, the site of Monday nightís Presidential debate, I didnít have a ticket to the event. Instead, I spent the time trying to get to the Marriott next door, where viewers were promised the chance to meet one of the candidates afterward.

  • Looking on the Brighter Side

    September 29, 2016

    The professionís leaders share why its best days may lie ahead of it

  • In the Blogs: California Streamin’

    September 29, 2016

    Highlights of some of our favorite tax-related blogs from the past week.

  • FASB Proposes Changing Standards for Insurance Contracts

    September 29, 2016

    The Financial Accounting Standards Board has issued a proposed accounting standards update for improving the financial reporting for long-term insurance contracts, including life insurance, disability income, long-term care and annuities.

  • Tough Questions

    September 29, 2016

    Accountants should hone their question-asking skills

  • DMJ & Co. Acquires Hutchings & Hutchings CPAs

    September 28, 2016

    DMJ & Co. PLLC is acquiring Hutchings & Hutchings CPAs PA, expanding DMJís presence in North Carolina.

  • Grant Thornton Reports Record Revenues of $1.65 Billion

    September 28, 2016

    Grant Thornton LLP achieved record revenues of $1.65 billion in the fiscal year ending July 31, 2016, up 11.4 percent from fiscal year 2015, driven most by growth in the Chicago-based firmís advisory practice.

  • BDO Names New Audit Quality Chief

    September 28, 2016

    BDO USA LLP has named Christopher Tower as the firmís new national managing partner for audit quality and professional practice.

  • Are Your Billing Practices Risking the Future of Your Firm?

    September 28, 2016

    As an accountant, meeting client expectations and delivering quality, timely results is of the utmost importance when it comes to the financial success of your firm. After providing clients with quality service, itís only fair to expect you will receive appropriate compensation in return.