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A trade association representing the casino industry is sounding the alarm over proposed regulations from the Internal Revenue Service that would lower the threshold for reporting winnings from slot machines, keno and bingo.
June 4 -
Rothschild Bank AG, the Zurich-based private bank of the Rothschild financial dynasty, became the latest Swiss bank to be fined by the U.S. Justice Department for helping Americans conceal assets offshore.
June 3 -
Private and otherwise illiquid securities have increased in number and complexity in recent years, leading to increased scrutiny from auditors and regulators regarding their valuation.
June 3 -
H&R Block is testing new technology that uses Facebooks Oculus virtual reality equipment to provide avatars of tax preparers for customers of the future.
June 3
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George Farrah, executive editor of Bloomberg BNA Tax & Accounting, discusses changes in the accounting profession and the technology and recruiting strategies used by firms, in an interview with Accounting Today editor-in-chief Dan Hood.
June 3
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The Internal Revenue Service has released new guidance on penalties for failing to file a foreign bank account report, capping the maximum percentage of the penalty and providing new requirements for documentation and approval by IRS examiners.
June 3 -
The Internal Revenue Service discovered last month that criminals accessed around 104,000 tax returns through its Get Transcript application and tried to get hold of approximately 100,000 more.
June 2 -
Victims of the severe storms, tornadoes, straight-line winds and flooding early last month in parts of Oklahoma may qualify for tax relief from the IRS.
June 2 -
The IRSs initiative to expand online services for taxpayers makes it more likely that the U.S. tax agency will be hit by hackers and other fraudsters, the agencys inspector general said Tuesday.
June 2 -
The digital edition of the June 2015 issue of Accounting Today is now available.
June 2
