All Stories

  • 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.

  • Enhanced Global Tax Disclosure in the Post-BEPS World

    August 24, 2016

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

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • GASB Pollution Remediation Standard Provides Useful Info

    August 23, 2016

    A review of the Governmental Accounting Standards Board’s 2006 standard for pollution remediation reporting found it generally achieved its goal of improving the disclosures of state and local governments’ obligations to control pollution.

  • Appeals Court Rules against EY on Mandatory Arbitration of Overtime Claims

    August 23, 2016

    A federal appeals court has ruled in favor of two Ernst & Young employees who wanted to participate in a class-action lawsuit against the firm about overtime pay rather than submit to mandatory arbitration.

  • Clinton Team Faults Trump on Possible 'King of Debt' Tax Benefit

    August 23, 2016

    Hillary Clinton’s Democratic presidential campaign said Monday that Republican Donald Trump’s proposals to overhaul the federal tax system would benefit “high-debt investors like himself,” opening a new line of attack.

  • ORBA Merges in Red Granite

    August 23, 2016

    Ostrow Reisin Berk & Abrams Ltd. has added Red Granite, an accounting and financial services firm that offers cloud-based bookkeeping and outsourced CFO services.

  • VCs Contend Their Carried Interest Isn't Like the Other Guys'

    August 23, 2016

    Venture investors, facing the possibility of bigger tax bills, are trying to convince Washington that they’re special and should be exempt.

  • The Election's Impact on Small Business Owners

    August 23, 2016

    During a presidential election year, there’s always debate surrounding the question of whether or not the uncertainty of the election has an impact on job and wage growth.

  • Clinton Warns Small Business Owners about 'Trump Economy'

    August 23, 2016

    Democratic presidential nominee Hillary Clinton laid out proposals to streamline financing and taxes for entrepreneurs and small businesses while telling business owners that Republican Donald Trump would put his interests ahead of their own.

  • The Painful Truth about the Alternative Minimum Tax

    August 23, 2016

    Most people have never heard of the alternative minimum tax, and those that have probably would love to forget about it and wish that it would just go away.