Check churning; a Maserati and a McLaren; private family foundation; and other highlights of recent tax cases.
The American Institute of CPAs' Auditing Standards Board adopted new guidance governing the auditor's responsibility for identifying fraud or suspected fraud.
The digitally authenticated report can be used when applying for a job, loan, government benefit or another service requiring tax compliance information.
The AICPA is finding a growing number of pet owners including their cherished pets as part of their estate plan, and CPAs can help them set up wills and trusts.
The Internal Revenue Service and the Treasury Department issued a notice extending a safe harbor for carbon capture and sequestration technology.
Under the proposed regulations, funds can only be invested in eligible investments beginning when the account is established until the beneficiary turns 17.
