The Latest

Avalara announced the appointment of Michael Turner as the cloud-based tax compliance solution provider’s first chief marketing officer.

With minutes counting down to this year's tax deadline, clients (and many of their accountants) are scrambling to get paperwork wrapped up on time. But many financial and tax professionals caution that in the heat of the moment, even the most knowledgeable can forget the basics – never mind easy-to-miss, specialized strategies.

The IRS is giving clients who got a wrong 1095-A limited relief from tax penalties.

Of the 1,010 adults polled, the survey found that twice as many U.S. adults cited having enough money for a comfortable retirement (28 percent) and providing their children a debt-free education (23 percent) as the best indicator of financial success, rather than owning a home (11 percent) and having a financial situation better than their parents (11 percent).

The Big Four Firm, KPMG LLP, has entered into an agreement to acquire substantially all of the assets of Beacon Partners, Inc., a health care consulting firm that offers strategic management and clinical and information technology consulting services to health care providers.

Some of our favorite recent tax fraud cases.

Tax professionals share how they handle clients who bother them too much.

President Barack Obama and his wife reported adjusted gross income of $477,383 for 2014, down 0.8 percent from last year, according to their tax returns.

Last year saw a rise in accounting-driven federal class action lawsuits, according to a new report from Big Four firm PwC.

Workflow was identified as one of the top technology challenges in the second annual Accounting Firm Operations and Technology survey ebook.