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The Internal Revenue Service issued a ruling allowing a taxpayer to use a tax-advantaged flexible spending account to pay for the medical portion of an ancestry test.
July 24 -
Wages grew at an average rate of 4.0 percent over the past year, increasing the average wage level by $1.09 to $28.54 an hour in the second quarter of the year.
July 24 -
Ride-hailing customers may be forced to pay a new tax in the city where the disruptive industry got its start.
July 24 -
U.S. corporations brought back offshore profits in record numbers last year with nearly half of the repatriated funds coming from low-or-no-tax countries where companies had stashed cash prior to the 2017 tax law.
July 24 -
Scholarships and taxes; delay in ASU 842; landmark documentaries; and other highlights from our favorite tax bloggers.
July 23
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The creation of a Practitioner Services Division would make a big difference.
July 23
Massachusetts Society of CPAs -
LinkedIn added a new feature Tuesday for freelancers and small businesses to market services such as accounting and tax preparation.
July 23 -
The Internal Revenue Service posted three revenue procedures Monday of special interest to the insurance industry.
July 22 -
My previous column, “Female staff are smarter than male staff,” drew a lot of comments and emails indicating considerable interest in this topic. Hence, this additional column.
July 22
Withum -
Even as the profession as a whole is changing, Grant Thornton national managing partner of tax services Jamie Fowler shares how tax professionals need to prepare themselves to thrive in a new environment.
July 22 -
Accountants will benefit from this cutting-edge technology that is already being deployed on multiple fronts in the industry, and the number of applications will only increase.
July 19
Garrett Wasny CPE Consulting -
The Trump administration hasn’t committed yet to index capital gains to inflation, even as White House officials continue to pursue the plan.
July 19 -
The level of confidence in global economic conditions dropped in the second quarter, especially in the U.S., according to a new survey by the ACCA and IMA.
July 18 -
In the short term, the judge and the government need a full accounting of Epstein’s wealth as part of the bail determination.
July 18 -
The U.S. and France agreed to push ahead with creating a global digital tax system at a Group of Seven meeting, papering over a feud on the matter that still has Washington dangling threats of tariffs.
July 18 -
Lawmakers overcame objections from Sen. Rand Paul who had held up the treaties over fears that they could jeopardize U.S. taxpayers’ privacy.
July 17 -
H&R Block acquired an accounting platform, Facebook got into cryptocurrency, and eight other developments in technology this past month.
July 17 -
High-deductible plans can now offer a number of new preventive care benefits.
July 17 -
The Financial Accounting Standards Board voted Wednesday to propose to delay some of its major accounting standards — including credit losses, leases, hedging and long-duration insurance contracts — for private companies, nonprofits and small reporting companies.
July 17 -
A French-U.S. clash over digital taxation overshadowed the start of a Group of Seven finance chiefs meeting as France refused to flinch on its levy that would hit tech giants.
July 17

















