All Stories

  • Lew's Loose Ends from Inversions to Iran Await Next U.S. President

    August 25, 2016

    Jacob J. Lew looks set to close out his tenure as one of just two Treasury secretaries to serve during the Obama administration. Not since the days of Eisenhower has a two-term U.S. president had such stability at the helm of the Treasury Department.

  • U.S. Treasury Steps Up Pressure on EU over Apple Tax Dispute

    August 25, 2016

    The U.S. is stepping up its effort to convince the European Commission to refrain from hitting Apple Inc. and other companies with demands for possibly billions of euros in underpaid taxes.

  • In the Blogs: Sneakin’

    August 25, 2016

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

  • IRS Provides Safe Harbor for Business Use of Property Financed with Tax-Exempt Bonds

    August 25, 2016

    The Internal Revenue Service is offering a safe harbor for businesses using property that has been financed with tax-exempt bonds.

  • Geneva's Corporate-Tax Fight Becomes 'Mother of All Battles'

    August 25, 2016

    When the European Union pressured Switzerland to scrap tax breaks for foreign companies, Geneva had the most to lose. Now, the canton that’s home to almost 1,000 multinationals is set to use tax to burnish its appeal.

  • Newsletters for Tax Clients: Good for Them, and You

    August 25, 2016

    There’s probably no one “right” time for tax preparers to start a newsletter, but the end of summer might be an optimum time. Vacation memories are beginning to fade, and people are gearing up to get back into the real world of work, busy schedules and tax.

  • The ACA: Still a Moving Target

    August 25, 2016

    The Affordable Care Act has new surprises this year that can trip up employers and their advisors, experts warn.

  • IRS Eases CPA Requirements for Certified PEOs

    August 25, 2016

    The Internal Revenue Service and the Treasury Department are providing new guidance on the requirements for professional employer organizations seeking voluntary certification, relaxing some of the original requirements for submitting written opinions and attestations from CPAs.

  • IRS Responds to Taxpayer Advocate Recommendations

    August 24, 2016

    National Taxpayer Advocate Nina Olson has posted responses from the Internal Revenue Service to her recommendations for improving taxpayer service, along with papers delivered by presenters at an international conference her office convened last November on taxpayer rights.

  • Trump's Offshore Tax-Cut Pitch Falls Flat in Silicon Valley

    August 24, 2016

    Republican Donald Trump is proposing a big tax cut for companies like Apple Inc., which would see its tax rate slashed on about $200 billion of profit it keeps offshore.

  • PCAOB Signs Pact with New German Audit Overseer

    August 24, 2016

    The Public Company Accounting Oversight Board has inked a cooperative agreement with the German Auditor Oversight Body, a new regulator for audit firms in Germany.

  • Panama Papers Prompt Race for Tax Haven Dollars Before Crackdown

    August 24, 2016

    For years, the biggest nations have tried to outsmart tax dodgers and reclaim trillions of dollars stashed in offshore accounts. Many of them are tired of waiting and now just want to make peace and bring some of the money back home.

  • CPACA Appoints New Chairs in Leadership Transition

    August 24, 2016

    The CPA Consultants’ Alliance has appointed Bonnie Buol Ruszczyk of bbr marketing as the group’s new Marketing Chair and Carrie Steffen of the Whetstone Group as the new Deliverables Chair.

  • IRS Offers New Procedure for Those Who Miss IRA Rollover Deadline

    August 24, 2016

    The Internal Revenue Service unveiled a new procedure Wednesday to help people who accidentally miss the 60-day time limit for rolling over their retirement plan distributions into another qualified retirement plan or individual retirement account.

  • Enhanced Global Tax Disclosure in the Post-BEPS World

    August 24, 2016

    The Organization for Economic Co-operation and Development issued last October the final Base Erosion and Profit Shifting reports that are expected to fundamentally change the course of international taxation and transfer pricing for all multinational enterprises.