The Latest

A London council is investigating U.S.-themed candy stores for millions of pounds in tax evasion and has seized over half a million pounds in counterfeit chocolate bars and vapes.

IRS statistics paint a picture of how small businesses were impacted by COVID-19 in 2020, and more.

The 2018 case prompted many states to begin requiring remote sellers to collect sales taxes, but with inflation at a 40-year high, some are offering sales tax holidays and other relief.

Taxes versus budgets; meaning of gross taxable income; new blog in town; and other highlights from our favorite tax bloggers.

At its annual conference this week, the IMA put a spotlight on how accountants are dealing with challenges like inflation and supply chain shortages.

Rebekah Brown, a 10-year veteran of the Maryland Association of CPAs, will succeed Jackie Brown.

The Internal Revenue Service issued a revised Audit Technique Guide to help examining agents evaluate the validity of cost segregation studies submitted by taxpayers to substantiate accelerated depreciation deductions.

From Malta to Puerto Rico, the IRS has scoured the world for its annual ‘Dirty Dozen’ list of the worst tax schemes.

The Financial Accounting Standards Board is asking its stakeholders to provide feedback on whether it should work on a new standard to account for government grants while building on an existing international standard.

The two Top 50 Firms are joining together in a mega-merger to form Elliott Penn LLP, accounting for approximately $400 million in revenue when the transaction closes Nov. 1.