The Latest

The U.S. Treasury Department softened new rules aimed at preventing multinational companies from shifting their profits offshore to lower-tax countries—a response to sustained criticism from big business and from members of Congress, who had asked that they be delayed and scaled back.

XBRL US has begun its third public comment period for guidance and rules meant to provide consistency in XBRL data filed with the Securities and Exchange Commission.

A roundup of our favorite recent tax fraud cases.

The Treasury Department and the Internal Revenue Service have released final regulations on earnings stripping in an effort to reduce the tax benefits of corporate inversions.

A New Jersey Tax Court judge has sided with a couple who won $46 million in the state lottery in 2000 and elected to have their winnings distributed in annual installments as a multiyear annuity payment, holding that the state did not have the right to retroactively tax their winnings after passing a new statute.

Thomson Reuters has introduced Thomson Reuters Checkpoint Marketing for Firms Social Media Infographics and Fun Facts, with visuals that tax and accounting professionals can use on social media every week.

Joel Sinkin of Transition Advisors discusses in this video how the retention period can be a key factor when buying or selling an accounting firm.

How do you gain the trust of your current and prospective clients, as well as colleagues, subordinates and others with whom you do business or want to do business?

October 17 is National Boss Day, and according to a new survey from Accountemps, nearly two in three workers (64 percent) claim that they're happy with their supervisors. The report, titled The State of the Manager-Employee Relationship, went on to show that 29 percent of those polled s

In the wake of Hurricane Matthew, the Internal Revenue Service has released new rules and procedures for deducting disaster losses.