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If the beneficiary of a deceased owner of an individual retirement account fails to comply with the post-death required minimum distribution rules and the other post-death IRA distribution rules, then the beneficiary can be subject to penalties from the Internal Revenue Service.
August 4 -
Congress has effectively overruled the Supreme Court by extending the time period for auditing certain types of tax returns.
August 4 -
TaxBuzz, an online directory of tax professionals, has released a new service to help its users verify their providers' identity and trustworthiness.
August 4 -
The New York State Society of CPAs has asked the Internal Revenue Service to make some long-overdue revisions in Form 990-PF, the tax form used by private foundations.
August 4 -
Microsoft Corp.s stockpile of offshore profits rose to $108 billion, with a 17 percent increase over the past year as the company continues reaping profits in low-tax foreign jurisdictions.
August 4 -
Deepening its health care industry practice, Top 100 Firm, Doeren Mayhew, has acquired the Farmington, Mich.-based dental CPA firm, Davis and Davis.
August 4 -
Accounting Today editor-in-chief Dan Hood previews the August issue in this summer camp video.
August 4
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Business executives are giving mixed predictions on when and if tax reform will finally happen in Washington, in a new survey.
August 3 -
Hillary and Bill Clinton paid $43.9 million in federal taxes from 2007 through 2014 on adjusted gross income totaling $139,097,232, according to tax returns released by the former secretary of state's presidential campaign on Friday.
August 3 -
