Practice Management

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.

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

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.

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.

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.

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.

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.

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.

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.

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.