The Latest

I had a client who had five sons and three daughters that worked in his business. Their ages ranged from 28 to 48. I was helping him with exit planning and suggested that I could possibly structure a transaction where either some or all of his children could buy his business.

ClassPass is foremost a membership program, but its companion app speaks to the mobility of its mission.

A Miami resident has been charged with threatening to destroy the Internal Revenue Service building with either fire or a bomb.

H&R Block said Monday that two-thirds of tax filers among its client base who received health insurance coverage under the Affordable Care Act via the state or federal insurance marketplaces had to pay back an average of $729 of the Advance Premium Tax Credit, cutting their potential refund by nearly one-third.

A Citigroup Inc. unit and PricewaterhouseCoopers LLP must face claims they played a part in costing investors more than $1 billion in Bernard Madoff’s massive Ponzi scheme, an appeals court ruled.

The Financial Accounting Standards Board has proposed three accounting standards updates related to employee benefit plans and another update for electricity contracts.

The practicalities of managing increasingly mobile employees

An OECD initiative on tax evasion is causing ripples around the world

Practical tips for when and what to disclose

Senators Jack Reed, D-R.I., and Chuck Grassley, R-Ia., have re-introduced legislation to make disciplinary proceedings of the Public Company Accounting Oversight Board public in order to expose auditing deficiencies at firms or the companies they audit in a timely way and help curb violations.