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The Tax Code has contributed to rising income inequality in recent decades as middle- and lower-income Americans have seen their incomes stagnate while the wealthiest have experienced staggering income growth, according to a new report.
May 3 -
Sen. Chuck Grassley, R-Iowa, a member of the Senate Finance Committee, is questioning the Internal Revenue Service and the Treasury Department about why they are taking so long to process and pay tax whistleblower rewards.
May 3 -
U.K.-based cloud accounting software maker FreeAgent is making its foray into the U.S. market with the purchase of Lightbank-backed financial forecasting software firm 60mo, whose team will be incorporated into FreeAgents new American division, FreeAgent Inc.
May 3 -
CliftonLarsonAllen has joined the partner channel of cloud-based social CRM and association management software vendor Avectra, with the goal of offering associations and not-for-profits a combined solution of Avectra's Social CRM and Intacct cloud financial management and accounting software.
May 3 -
All 23 graduates of the Florida Atlantic University Accounting Scholars Program will have jobs in their field after commencement, the school announced.
May 3
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The Tax & Accounting business was one of the best-performing units at Thomson Reuters, according to the companys first-quarter financial results.
May 3 -
Angie MacPhee has been named chief executive officer of Top 100 Firm RGL Forensics.
May 3 -
A group representing private equity firms is asking the Internal Revenue Service and the Treasury Department to streamline the process for following the requirements Foreign Account Tax Compliance Act and allow them flexibility in case an investor proves to be recalcitrant in providing information.
May 3 -
The Internal Revenue Service identified 279,500 tax-exempt organizations that did not file a return or notice for three consecutive years, but it potentially did not identify more than 15,000 organizations that failed to file for three consecutive years, according to a new government report.
May 3 -
I remember when being a Certified Public Accountant was a big deal.
May 2