All Stories

  • COSO Certificate Program Goes On-Demand

    December 9, 2016

    The Committee of Sponsoring Organizations of the Treadway Commission, also known as COSO, has introduced a self-study, on-demand learning program for attaining the COSO Internal Control Certificate.

  • Estate Tax Repeal under Trump Would Benefit President, Cabinet

    December 9, 2016

    President-elect Donald Trump, who won the hearts and minds of millions of working-class voters, may help deliver a multibillion-dollar bonanza to America’s wealthiest families.

  • Help Your Clients Close an Inactive Business Before the End of the Year

    December 9, 2016

    You help your clients manage their business finances and scale up to the next level. But it’s just as important to help them close a business that’s no longer active.

  • IRS Says 2017 Tax Season Starts January 23

    December 9, 2016

    The Internal Revenue Service said Friday that next tax season will begin on Monday, Jan. 23, 2017, while warning some taxpayers to expect longer waits for their tax refunds. The tax day deadline will be April 18.

  • New Legislation Would Raise Retirement Age to 69

    December 9, 2016

    The chairman of the House Ways and Means Social Security Subcommittee, Rep. Sam Johnson, R-Texas, has introduced legislation to make changes in Social Security, including raising the retirement age.

  • CPA Business Execs Feel a Lot Better about the Post-Election Economy

    December 8, 2016

    CPAs who are also business executives at U.S. companies are expressing much stronger optimism about the U.S. economy after the election, according to a new survey by the American Institute of CPAs.

  • Koch Industries Says House GOP's Tax Plan 'Could Be Devastating'

    December 8, 2016

    Koch Industries Inc., the influential private firm headed by billionaire Republican supporters Charles and David Koch, slammed a key element of the House Republicans’ plan to overhaul corporate taxes, saying it would raise prices for American consumers and “could be devastating” to the economy.

  • Taxpayer Advocate Service Needs to Make Fixes

    December 8, 2016

    The Taxpayer Advocate Service is falling behind in implementing several recommended changes in its processes, according to a new report from the Treasury Inspector General for Tax Administration.

  • McDonald's Moves Tax Base to U.K. as EU Attacks Burger Giant

    December 8, 2016

    McDonald’s Corp. shrugged off Brexit by announcing plans to switch its non-U.S. tax base to the U.K., ditching tiny Luxembourg where its fiscal arrangements are under attack from European Union regulators.

  • SEC Enforcement Chief Ceresney Stepping Down

    December 8, 2016

    The Securities and Exchange Commission said Thursday that its enforcement director, Andrew J. Ceresney, plans to leave the SEC by the end of the year.

  • Tax Fraud Blotter: Zapped

    December 8, 2016

    A roundup of our favorite recent tax stories.

  • Tax Implications of Trump's Business Decisions

    December 8, 2016

    Donald Trump must confront major tax issues when deciding what to do with his real estate empire and other businesses in order to avoid conflicts of interest as he assumes the presidency.

  • Court Upholds Commercial Activity Tax

    December 8, 2016

    Ohio Supreme Court votes to uphold Ohio’s Commercial Activity Tax against a Constitutional nexus challenge.

  • M&A Surge Highlights Zero-Based Budgeting Trend

    December 7, 2016

    After months of sluggishness, a recent uptick in M&A activity could mean zero-based budgeting is having its own moment in the spotlight. A form of budgeting that scrutinizes costs across every part of the business, ZBB often comes into its own in the wake of an M&A deal.

  • Sales Tax Rates Held Steady in Q3

    December 7, 2016

    Sales tax rates stayed unchanged in the third quarter of the year for the most part, according to a new report.