Practice Management

Facebook Inc. will stop routing advertising sales of its largest U.K. clients through Ireland, increasing its British tax bill by millions of pounds in a bid to improve transparency after facing criticism on tax avoidance.

Democratic presidential candidate Hillary Clinton proposed rescinding tax relief and other incentives retroactively for U.S. companies that move jobs and operations overseas.

In 2015, by some accounts there were just over 100 CPA firm mergers and acquisitions—a large number of which were consummated by the 2015 Accounting Today Top 100 Firms.

The American Institute of CPAs is asking the Treasury Department to provide tax relief to the cross-border savings accounts of U.S. and Canadian citizens.

Check out the digital edition of the March 2016 issue of Accounting Today.

Despite government disapproval, corporate inversions still have fans

With cases of identity theft and tax fraud increasing almost exponentially, tax preparers should educate their clients about the dangers they face in having their information compromised, according to executives at several credit monitoring and identity protection services.

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

Bowers & Company CPAs has merged in Caswell & Associates, expanding the firm’s presence in upstate New York.

Wolters Kluwer Tax & Accounting said it has been selected by the Internal Revenue Service to provide tax law and expert guidance and analysis handbooks to support the IRS staff in their research responsibilities.