Practice Management

Mergers and acquisitions are prompting companies to take risky accounting maneuvers, warns a new report from Deloitte.

Apple Inc., facing a European Union probe into its fiscal affairs in Ireland, told a panel of EU lawmakers Tuesday it pays all taxes due in the nation and doesn’t get an unfair advantage compared with other companies there.

The Internal Revenue Service’s audits of business tax returns have declined steeply in recent years, thanks to successive rounds of budget cuts, according to a new analysis.

Greatland Corporation has compiled a list of misconceptions when it comes to tax-reporting requirements. Failing to understand the real truth behind these myths can cost a business extra money to file again or, even worse, to pay steep fines if reporting is not done in compliance with regulations.

Bloomberg BNA has upgraded its BNA State Tax Analyzer with a new NOL Manager function that predicts and analyzes the financial impact of state net operating losses on a business’s cash, effective tax rate and earnings per share.

Most clients who utilize accounting firms to prepare their tax returns make charitable contributions. Many do so in a tax-efficient manner by donating appreciated securities directly to charities or utilizing donor-advised funds through which they make their grants.

WalletHub has released its annual report on the states with the highest and lowest tax rates in the country.

The operator of an Atlantic City, N.J.-based tax preparation business has pleaded guilty to filing false claims with government.

Many Americans are willing to delay receiving their tax refunds for up to two months if it would provide the IRS time to combat identity fraud, according to a new survey.

Foreign bank account report filings surpassed the 1 million mark last year, up more than 8 percent from 2014, the Internal Revenue Service reported Tuesday.