The Latest

As year-end approaches, it would be worthwhile for practitioners to consider whether corporate clients could benefit from the following “last minute” tax-saving moves, including adjustments to income to preserve favorable estimated tax rules for 2015, deferral of certain advance payments to next year, and fine-tuning bonuses to make the most of the Section 199 domestic production activities deduction.

The Internal Revenue Service has issued an announcement extending the “deemed compliant” status of countries that are treated as if they had an intergovernmental agreement with the U.S. Treasury Department in place for purposes of the Foreign Account Tax Compliance Act.

According to last year's Hollinden Professional Services Marketing Survey, in which firms are polled as to their active marketing, percentage of time spent on business development, and lead generation tactics, about 80% of firms invest only 5% or less of their gross revenue in marketing themselves.

Brian Austin of Avalara discusses the issues accountants and their clients need to be aware of with sales taxes, including nexus and e-commerce, in an interview with AccountingToday.com editor-in-chief Michael Cohn, at Accounting Today's Growth & Profitability Summit in Boca Raton, Fla.

The Internal Revenue Service issued the 2015 optional standard mileage rates on Wednesday that are used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

A pair of surveys on CFO sentiment pointed to positive expectations for the economy.

Lawmakers in Congress have included a fourth renewal on the ban on Internet access taxes as part of a spending deal to avert a government shutdown.

Peters, who works in the firm’s human resources group, is being honored as one of SmartCEO’s Mid-Atlantic management all-stars.

The Institute of Management Accountants has been named a full voting member of the International Integrated Reporting Council.

Congress has cut the Internal Revenue Service’s budget once again, reducing the tax agency’s fiscal year 2015 budget by 3 percent compared to this year’s funding level.