Financial Planning

A donor has asked the IRS to open a fraud investigation into a nonprofit that builds schools in Africa, and for Canada’s federal police to seize its records.

Thomas Sandell and Sandell Asset Management are paying $105 million to New York, the biggest fine of its kind in the state.

Senator Elizabeth Warren said IRS funding should be bolstered so the richest Americans get audited about once every three years as part of her proposed 2 percent annual tax on wealth in excess of $50 million.

Big Four CPA Tiffany Vaughn has a side gig: Helping people achieve their money goals.

A Biden proposal to change the tax deduction for contributions to a tax credit could have serious implications.

To delay or not delay; three questions about a digital tax; nonprofits and theft; and other highlights from our favorite tax bloggers.

A U.S. donor to Canada’s WE Charity said he has asked the Internal Revenue Service to open a fraud investigation into the organization after testifying that it took down a plaque on a Kenya school built to honor his dead son and replaced it with that of another donor.

The board is finalizing a merger with the International Integrated Reporting Council, while watching efforts to establish a standard-setter overseen by the IFRS Foundation.

Senator Elizabeth Warren, joined by Reps. Pramila Jayapal and Brendan Boyle, proposed a new wealth tax on households with a net worth of more than $50 million.

CPA financial planners should play a major role in giving life insurance advice to their clients.