Organization Root Tag

The Internal Revenue Service did a good job last tax season dealing with the many changes in the tax law, despite the 35-day government shutdown, but it still needs to improve its dealings with taxpayers who have limited proficiency with the English language, according to a new report.

Withum’s annual State of the Firm (SOTF) event, attended by over 1,000 Withum team members, was held at the New Jersey Performing Arts Center last Monday.

The Internal Revenue Service said it may provide relief from double taxation in some circumstances to corporations because of the repatriation tax under the Tax Cuts and Jobs Act.

Less than a thousand businesses were affected by an OMB determination involving the refundable corporate minimum tax credit.

Baker Newman Noyes and Aronson cut ribbons on new offices; Sweeney Conrad celebrates 40 years; and more CPA news.

Savings for the top six U.S. banks from President Donald Trump’s signature tax overhaul accelerated last year, now topping $32 billion as the lenders curbed new borrowing, pared jobs and ramped up payouts to shareholders.

A group of international accounting organizations is calling for improved reporting and action on the UN’s Sustainable Development Goals to hit the ambitious goals set for 2030.

Barry Pennett has been named to the new role of vice president and general manager of Intuit’s ProConnect Group, just in time for tax season.

Filing taxes last year was a nightmare for taxpayers, their accountants and the Internal Revenue Service. This year might not be much better.

Top 100 Firm Boyer & Ritter also donated more than 3,100 cans of food as part of its holiday party.

The Financial Accounting Standards Board has issued a standards update aimed at clarifying the interaction between the rules related to equity securities, equity method investments and certain derivatives.

The year 2019 was a continuation of the banner year of 2018 for major law and administrative changes in sales and use tax compliance, inspired and driven in large part by the Supreme Court’s decision in South Dakota v Wayfair.

The Association of Chartered Certified Accountants will provide mental health, lifestyle and community support as part of a new online resource.

The Internal Revenue Service and the Treasury Department are offering a safe harbor to provide relief to taxpayers who borrowed money to attend a nonprofit or for-profit school and had their student loan debts discharged.

A former Internal Revenue Service analyst persuaded a judge not to send him to prison for leaking confidential government records on suspicious banking activity by President Donald Trump’s former lawyer Michael Cohen.

The ability to explain accounting clearly is the power that will make accountants superheroes.

The new credit losses accounting standard is not expected to have a major impact on the loan loss reserves of most large publicly listed U.S. banks, according to Moody’s Investors Service.

Average audit fees increased 4.25 percent from 2017 to 2018, according to a new report.

Tracking refunds; an extra deadline; the Advocate’s report; and other highlights from our favorite tax bloggers.

Technology such as data analytics, artificial intelligence, machine learning, blockchain and robotic process automation will be playing a greater role in the accounting profession this year, according to a recent report from the Institute of Management Accountants.