Bloomberg

The COVID-19 pandemic is forcing corporate tax departments to reconsider their top priorities for this year, according to a new survey.

Whether you are a 20-year accounting veteran or just entering the field, it behooves you to keep a list (and check it twice) of the most common tax preparation blunders.

Michael Bloomberg is proposing a financial transactions tax of 0.1 percent and merging Fannie Mae and Freddie Mac as part of a proposal for regulating Wall Street for a financial system “strong enough to weather crises without harming the broader economy or requiring taxpayer bailouts.”

Michael Bloomberg said Saturday he would raise taxes on the wealthy, increase the corporate tax rate, and curb tax-free inheritances of large estates, elements of a tax plan that he says would raise $5 trillion over a decade.

Democratic presidential candidate Michael Bloomberg pledged to support “taxing wealthy people like me” but dismissed a wealth levy tried in other countries and supported by rivals including Elizabeth Warren and Bernie Sanders because “it just doesn’t work.”

Laying out the top tax and accounting research providers side by side.

Research providers are always working to keep up ­— and get ahead.

The biggest tax challenge for a majority of corporate tax executives is staying up to date with all the changes associated with the 2017 Tax Cuts and Jobs Act, according to a new survey.

The 3.1 percent hike includes workers at the Internal Revenue Service.

Bloomberg Tax & Accounting has added support for the new lease accounting standard under International Financial Reporting Standards to its product, which already supports the ASC 842 standard under U.S. GAAP.