Organization Root Tag

The amendment promises to reduce losses at the beginning of some types of leasing contracts.

Consulting firm Protiviti will donate up to 100,000 meals during the 2021 Major Championships in golf; and the Illinois CPA Society announces board of directors of its charitable endowment fund.

A Houston tax attorney was charged with helping his client hide $225 million from the IRS, according to the Justice Department.

Mandatory retirement policies at U.S. auditing firms are pushing out experienced partners who are bringing in substantial revenue and audit quality as good as that of younger partners.

The Internal Revenue Service is providing penalty relief for an employer’s failure to deposit employment taxes with the IRS on a timely basis.

The disgraced Chinese coffee chain replaced its auditor and said it secured $250 million in funds from a pair of private equity firms.

Bernard Madoff’s death in prison doesn’t change much for his victims, many of whom are still waiting to be made whole.

The new commissioner is poised to confront everything from the fallout of the GameStop trading frenzy to the deluge of SPACs.

Commissioner Charles Rettig left open the possibility that there may be delays.

Cta.x is designed to help audit firms quickly develop and deploy automated internal controls tests to help them comply with regulations including Sarbanes-Oxley.

The service offered information on how to elect to apply an overpayment on 2020 taxes against Q1 2021 estimated taxes, which are still due on April 15.

The board proposed changing “comprehensive annual financial report” to “annual comprehensive financial report” because the abbreviation sounds like a racist term in South Africa.

The new ADP DEI Dashboard and Organizational Benchmarks Dashboard help analyze diversity in a workforce, and better allocate staff resources.

The new figure for the tax gap is multiples higher than previous estimates from the federal government.

Cash for enforcement; lessons in fraud; when a deduction isn’t a subsidy; and other highlights from our favorite tax bloggers.

A new initiative called Operation Hidden Treasure is only the latest in the service’s approach.

The American Institute of CPAs recognized four current professionals interested in becoming accounting professors by providing $20K stipends to support their Ph.D educations.

Even though IRS employees making compliance determinations are bound to apply the tax law fairly to all taxpayers, it’s not unusual for a taxpayer and the IRS to disagree about the proper application of the law.

U.S. regulators are throwing another wrench into Wall Street’s SPAC machine by cracking down on how accounting rules apply to a key element of blank-check companies.

Accountants expressed much higher confidence in the economy during the first quarter of this year compared to last year, especially in North America, according to a new survey.