The Latest

With only a week to go until T-Day, it’s countdown time—and about one-third of U.S. income tax returns had yet to be filed as of April 1. Following last year’s abysmal mix of poor customer service, massive identity theft, and refund fraud, a healthy dose of tax filing dread seems to have set in.

Exencial Wealth Advisors, a wealth management firm based in Plano, Texas, has acquired San Antonio, Texas-based Netting & Pace, CPAs, an accounting and wealth management firm.

Mount St. Mary's University in Emmitsburg, Md. announced that they are planning a new "Forensic Accounting” course for undergrads next Fall, the Frederick News-Post reports.

The Caldwell House Bed and Breakfast in Salisbury Mills, N.Y., is offering some serious tax relief for tax preparers and accountants.

When one dies owning commercial or rental residential real estate, a cost segregation study can be a highly effective tool for reducing the estate’s tax burden.

The Internal Revenue Service failed to redact Social Security Numbers and Employer Identification Numbers from hundreds of its Offer in Compromise files that are available to the public, according to a new report.

The Ohio Society of CPAs (OSCPA) announced this week that they have been honored with the Corporate Diversity Award from The Ohio State University’s Fisher College of Business.

PricewaterhouseCoopers has selected Timothy F. Ryan as its new U.S. chairman for a four-year term beginning on July 1, 2016, succeeding Bob Moritz, who is becoming global chairman.

The House Ways and Means Committee plans to markup and vote Wednesday on four pieces of Republican-sponsored legislation aimed at limiting the Internal Revenue Service’s authority over its spending, particularly in the areas of employee bonuses, hiring, and delegation of user fees.

The Senate Finance Committee held a hearing Tuesday to examine the Internal Revenue Service’s recent failures to protect taxpayer information from cybercriminals.