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Some of the largest U.S. technology companies pushed for a corporate tax overhaul in 2017 by suggesting they would go on hiring sprees and boost the economy. Just over a year after getting what they wanted, data show these firms gave most of their huge tax savings to investors.
April 16 -
The president promoted the tax overhaul on Tax Day, even as the law has swelled the deficit and failed to gain traction with voters in last year’s midterm elections.
April 16 -
Argued a century ago, Eisner v. Macomber helped establish the treatment of dividends.
April 15 -
Nearly three-quarters of Big Four consulting projects wind up costing more than U.S. companies anticipated, according to a new survey.
April 15 -
The European Union has taken a closer look at how the search giant uses operations in Ireland to help reduce its corporate tax obligations.
April 15 -
Nearly half of Americans fail to check whether their tax preparer includes their PTIN and signs their return, putting them at risk of being scammed, according to a new survey.
April 12 -
Low-income and minority taxpayers were more likely to use extra-fee tax preparation offerings like refund advances and refund transfers, according to a new report Friday from the Government Accountability Office, and tax preparers often didn’t present them with information about the fees ahead of time.
April 12 -
EisnerAmper and Dixon Hughes Goodman add principals; HHM CPAs hires four in Chattanooga office; and other recent hires, promotions and personnel news from firms across the country.
April 12 -
The financial institution expects to increase reserves by about $5 billion for implementation of the current expected credit loss standard.
April 12
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Some 50 million taxpayers have not yet filed their tax returns.
April 12 -
The Massachusetts Society of CPAs hosted more than 70 local college students at PwC's offices for a workshop on accounting career paths.
April 12 -
When Hayden Myer made an eye doctor’s appointment for the end of April, he told the clinic that he might not show up for the visit if his tax refund didn’t arrive in time.
April 12 -
Although the Tax Cuts and Jobs Act increased take-home pay somewhat, millions of households treat tax refunds as a built-in component of their annual budget.
April 12 -
Sen. Ron Wyden, D-Ore., and Ben Cardin, D-Md., introduced legislation Thursday to require minimum standards for paid tax preparers and rescind Preparer Tax Identification Numbers of incompetent and fraudulent practitioners.
April 11 -
Revenue officers visited nearly 100 businesses suspected of having serious issues with employment tax compliance.
April 11 -
The revenue procedure gives teams a safe harbor when doing trades of their athletes, staff contracts or draft picks.
April 11 -
The National Treasury Employees Union is worried about the impact of proposed budget cuts on the agency’s ability to deal with taxpayers.
April 11 -
The Top 100 Firm's new center features state-of-the-art tech, tutoring and a collaboration space for accounting majors.
April 11 -
Hedge fund giant Renaissance Technologies is in talks to resolve a dispute with the Internal Revenue Service over a tax maneuver that saved its owners billions of dollars.
April 11 -
The Democratic presidential candidate rolled out a proposal to levy a 7 percent tax to raise an estimated $1 trillion from the wealthiest businesses.
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