The Latest

The Supreme Court struck down the state of Maryland’s practice of taxing a resident’s income that was earned and already taxed in another state without providing a full tax credit, ruling Monday that the practice violates the Constitution.

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

SaaS expense reports provider Tallie announced an agreement with McGladrey to be the firm’s preferred expense management provider.

Toshiba Corp. named two lawyers and two certified public accountants to a third-party committee that is expanding an investigation started by an internal probe last month over accounting practices.

The AICPA awarded CPA firm DiSanto, Priest & Co., of Warwick, R.I., the 2014 Public Service Award for Firms for its commitment to the community. The annual award honors a firm that has demonstrated outstanding public service.

Finter Bank Zurich agreed to pay a $5.4 million penalty and become the third Swiss bank to settle under a U.S. program that lets firms avoid prosecution if they say how they helped American clients avoid taxes.

The American Institute of CPAs kicked off its Spring Meeting of Council in Washington, D.C., on Sunday with a packed agenda of meetings with lawmakers to press for priorities, including improvements in taxpayer service by the Internal Revenue Service.

Members of U2 defended the Irish rock band’s tax strategy as the band kicked off its world tour.

The International Federation of Accountants has submitted a response to the European Commission regarding a recent green paper on building a stronger capital markets union.

The Internal Revenue Service is marking National Military Appreciation Month with a free tax guide about tax benefits for the military.