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The Internal Revenue Service's decision not to update mortality assumptions to reflect today's higher life expectancy could help corporate pension plan sponsors save at least $18 billion in 2016 as they continue to calculate minimum funding contributions according to outdated models, according to a new report from Moody's Investors Service.
September 3 -
One of the leaders of the Senates main tax committee is sounding the alarm about proposed budget cuts at the Internal Revenue Service and warning that it could encourage identity theft, tax evasion and tax fraud by crime syndicates.
September 3 -
Puerto Rico is struggling under $72 billion in debt that is forcing the territory to make some tough choices.
September 2
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Your firms website is responsive, but if it still isnt getting the response you hoped for, it might need some updating to create the positive impression you're hoping to convey. Try these tips to ensure its doing everything possible for your accounting firm.
September 2 -
Deloitte has acquired the business and assets of Kaisen Consulting Limited, a boutique leadership consultancy of business psychologists based in the U.K. and U.S., which will operate under the name Deloitte Leadership.
September 2 -
Carr, Riggs & Ingram, LLC has expanded its presence in Northeast Florida by merging in the Jacksonville-based CPA firm Harbeson, Fletcher & Bateh, LLP.
September 2 -
Liberty Tax Inc. reported a net loss for its fiscal first quarter ended July 31 of $8.5 million, unchanged from the prior year.
September 2 -
After a few months of ups and downs, the Accountants Confidence Index rose again this month, in both the mid-term and the short-term.
September 1
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A California CPA has admitted to abusing his positions at a worship center in New Jersey and a nonprofit in California to steal more than $4 million.
September 1 -
The Internal Revenue Services processing of tax returns that reported or claimed Premium Tax Credits during the 2015 filing season was challenged by delays in receiving data from some health insurance marketplaces and exchanges, and overpayments of Advance Premium Tax Credits, according to a new government report.
September 1
