The Latest

The chairman of the House Ways and Means Oversight Subcommittee is calling on the Internal Revenue Service to provide a detailed accounting of how much taxpayer money will be used to implement the health care reform law and many IRS employees will be needed to work on it.

The International Ethics Standards Board for Accountants has released stronger provisions in its Code of Ethics for Professional Accountants to address conflicts of interest and a breach of a requirement of the code.

CCH has improved its CCH Tax News Highlights App for iPhone, iPad and Android mobile devices with social media sharing features, a new interface and access to more content.

An influential lawmaker on Congress’s tax writing committee is calling on the Internal Revenue Service to release a copy of video parodies it shot of Star Trek and Gilligan’s Island.

In the world of trust and estate administration, where tax planning typically involves special attention to federal tax law compliance, it’s easy to lose focus on state income taxation issues. And while some states do not tax income related to trusts, states that do tax trust income have a variety of rules and criteria for which trusts are subject to tax.

Deloitte chief inclusion officer Deb DeHaas discusses the opening of Deloitte University's Leadership Center for Inclusion with Accounting Today senior editor Danielle Lee, as the firm encourages greater diversity.

The Ernst & Young Americas Corporate Responsibility (CR) Fellows program recently afforded me the once-in-a-lifetime opportunity to travel to Chile for seven weeks to work with Latin American entrepreneurs.

The Internal Revenue Service is giving relief from late-payment tax penalties to individuals and businesses that request a tax-filing extension because they are attaching to their returns any of the forms that couldn’t be filed until after January.

The U.S. economy will be between 1.5 and 2.6 percent smaller over the long-term because other nations’ corporate tax rates are considerably more competitive, according to a new study by Ernst & Young and the RATE Coalition, a group lobbying for lower corporate tax rates.

The Tax Court recently settled the valuation issues of an estate that held 64 works of art.