The Latest

Elizabeth Moehlenbrock (MBA Class of '15) and Liyuan Su (MSF Class of '15) of the George Washington University School of Business (GWSB) recently took home top honors at the Initiative on Rethinking Financial Disclosure - a partnership of the GWSB's Institute for Corporate Responsibility (ICR) and the Center for Audit Quality (CAQ).

Jersey Shore’s Michael “The Situation” Sorrentino and his brother Marc are due in court to face an indictment alleging they failed to pay taxes on $8.9 million in income that Michael received from promotional activities, according to U.S. Attorney Paul J. Fishman.

Avalara has appointed former Microsoft executive Tami Reller to its board of directors.

Deloitte said Wednesday it posted record revenues of $34.2 billion globally for the fiscal year ending May 31, as demand for services at its member firms produced their fifth consecutive year of growth.

Jamie Fowler has been named office managing partner at Grant Thornton LLP’s Mid-Atlantic practice. She will oversee the growth and operations of the Top 100 firm’s Baltimore and McLean, Va., offices.

Pfizer Inc. has approached Actavis Plc about a deal that could allow the U.S. drugmaker to move its address overseas and reduce taxes, in a sign the Obama administration’s efforts to curtail inversions might fall short.

The second public meeting of the President’s Advisory Council on Financial Capability for Young Americans (“the Council”) will be held on Thursday, October 2, 2014, from 9:00am - 11:30am EDT, on site at the US Department of the Treasury in Washington, D.C.

The Internal Revenue Service has issued new draft instructions, notices and a publication to help taxpayers and tax practitioners deal with the Affordable Care Act.

Wolters Kluwer Audit, Risk and Compliance announced a new data analysis tool set will be integrated in its TeamMate Audit Management System.

Twenty years ago, a Central Withholding Agreement could easily be negotiated via a phone call and follow-up letter to a designated Internal Revenue Service agent. Today, that’s not the case.