The Latest

A roundup of recent expansions, additions, new services and other news from firms across the country.

EY announced on Friday new Corporate Responsibility Sabbatical programs, effective immediately, that will enable EY Americas professionals to "strengthen global and local communities through longer volunteer placements where they can learn new business skills, team across borders, or even experience a new culture," per a statement.

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

Last week the Tax Court, in a case of first impression, ruled that payments made by a decedent through a trust to pay premiums on life insurance policies obtained to fund buy-sell agreements should not be regarded as loans still owed to her estate.

The Treasury Inspector General for Tax Administration issued an alert Friday warning that it has received information that callers impersonating IRS employees or the Treasury Department are demanding payments on iTunes Gift Cards.

Oklahoma State University's School of Accounting will induct four alumni into their Wilton T. Anderson Hall of Fame, NewsOK reports. An April 22 banquet will induct John Fiebig; Dee Niles; Larry Walther and Shane Wharton into the Hall of Fame. Lindsey Callery, another alumnus, will also receive the Beta Alpha Psi Distinguished Alumni award.

As a general rule, the cost of commercial real estate improvements is recovered over a painfully long period of 39 years via straight-line depreciation only.

Could those Form 4868 extensions that you’re filing for your clients turn tax procrastinators into prey?

While you’re spring cleaning at home, why not do the same for your business? That’s right, it’s the season for some maintenance and a springtime tidying up of your accounting firm’s website.

Drew Bernstein of Marcum Bernstein & Pinchuk discusses the challenges and benefits of auditing companies in China in this video.