The Latest

The Internal Revenue Service issued final regulations last week on opportunity zone funds, but while they answer some of the questions, many other issues remain that are likely to prompt questions from tax clients.

For tax year 2018 filings, the IRS made a drastic change to the Form 1065, U.S. Return of Partnership Income, that went unnoticed by most practitioners.

Rea & Associates complete annual Help Can Hunger competition; KPM promotes six; and more CPA news.

There is considerable dysfunction in many smaller firms when it comes to management and corporate governance.

It’s no surprise that accounting professionals tend to be exacting about their work.

The TCJA and Wayfair continue to dominate the landscape.

New OECD proposals want to harmonize tax regimes around the globe.

Foreign intrigue; stealing green; bringing it home; and other highlights of recent tax cases.

The International Accounting and Assurance Standards Board has released a revised standard for identifying and assessing the risks of material misstatements.

Companies are using “clawbacks” to recover incentive compensation that was given to executives through erroneous financial reporting while lowering their effective tax rates, but clawback adoption could be having some negative consequences, according to a new study.