The Latest

Global commercial real estate firm Jones Lang LaSalle announced a donation of 100 million yen (approximately $1.25 million) to the Japanese Red Cross relief efforts following the earthquake and Pacific Tsunami.

It’s comforting to know that tax reform is proceeding apace on several different fronts.

Intuit has identified a bug in its Ohio state software that caused nearly 9,700 taxpayers to receive refund notices for enormous sums, while also addressing complaints from some domestic partners about the way it handles recent rule changes from the IRS.

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The New York Society of CPAs plans to present its Arthur J. Dixon Public Service Award to Beatrix McKane, and Dr. Emmanuel Saxe Outstanding CPA in Education Award to Ann Burnstein Cohen and Samuel Dyckman, as well as induct past presidents Michael L. Borsuk and Robert Fagliarone into its Hall of Fame.

The Internal Revenue Service has released a proposed regulation that would give taxpayers up to 120 days to provide the IRS with an authorization permitting the disclosure of their tax returns and tax information to a designated third party.

House Ways and Means Committee Chairman Dave Camp, R-Mich., has proposed reducing the top individual and corporate tax rate to 25 percent.

Plante & Moran’s Grand Rapids, Mich., office was honored with a Huntington Pillar Award from the Women’s Resource Center yesterday for their progressive workplace policies and practices.