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Although the initial flurry of publicity surrounding the leak of the Panama Papers has subsided somewhat, the release serves as a reminder that there’s a real problem for taxpayers still holding offshore accounts that they haven’t reported, according to Ivan Golden, an attorney at Schiff Hardin LLP.

When digital forensic experts think of social media, they see a prime place to search during their fraud investigations.

Thomson Reuters has released a new version of its ONESOURCE Operational Transfer Pricing software that uses big data technology to automate, track and analyze the transfer pricing process.

Professionals from Ill. firm Scheffel Boyle CPAs recently teamed up to raise funds for Big Brothers Big Sisters (BBBS) of Southwestern Illinois at the annual Bowl for Kids’ Sake fundraiser. Scheffel Boyle raised $5,000 in all for the agency at the event, which will be donated directly to the organization.

The Financial Accounting Foundation posted its 2015 Annual Report to its website Thursday.

The American Institute of CPAs has sent more than 160 recommendations to the Internal Revenue Service regarding on the items to include on the agency’s 2016-2017 Guidance Priority List.

The European Union, locked in a tax battle with the likes of Apple Inc. and McDonald’s Corp., laid down the law in its bid to rein in governments that woo multinationals with special fiscal deals allowing them to reduce their fiscal liability by booking profits abroad.

Public companies in the U.S. are doing more to burnish the results they present to investors than ever before. It isn’t working.

The Obama administration expanded overtime eligibility for millions of workers Thursday, releasing a long-awaited rule change that the Labor Department estimates will extend overtime pay to 4.2 million more workers.

Last month, the U.S. Department of Labor issued the final fiduciary rule, which significantly affects advisors who render investment advice to Individual Retirement Account owners.