The Latest

Tax practitioners and their baby boomer clients are beginning to cope with a monumental financial and tax event—the onset of required minimum distributions from traditional IRAs and qualified plans.

The IRS Statistics of Income program has released data on taxpayers who hold IRAs, private foundations, tax-exempts and other categories.

Letters and comments from our readers

CohnReznick has opened a high-tech “Innovation Lab” in its New York office, providing clients with access to the latest visualization and collaboration technology where they can brainstorm with the firm on solutions to their business problems.

Highlights of some of our favorite tax-related blogs from the past week.

John Napolitano of U.S. Wealth Management discusses in this video how to distinguish your best personal financial planning clients from the others.

EY, the official professional services provider of the Rio 2016 Olympic Games, announced this week that they will host a number of events during this year's Summer Games, as part of the firm's Building a Better Working World campaign.

The International Public Sector Accounting Standards Board has published new guidance on how the public sector can account for employee benefits around the world and is also considering changes in how to account for financial instruments.

Oracle Corp. gave its cloud-services strategy a big boost by offering to buy NetSuite Inc. in a deal valued at about $9.3 billion.

Robert Raiola, an accountant at PKF O’Connor Davies who specializes in tax issues for sports and entertainment figures, has been selected by Topps for its Allen & Ginter line of collectible baseball cards.