Person Root Tag

A group of Republicans on the Senate Finance Committee is asking the IRS and the Treasury to issue guidance to clarify the congressional intent behind several provisions of the Tax Cuts and Jobs Act.

Jurors in the Paul Manafort fraud trial heard closing arguments Wednesday summarizing the dramatic testimony over the last two weeks.

The Financial Accounting Standards Board is proposing to make a number of narrow improvements in the lease accounting standard as public companies get ready for it to take effect at the end of the year.

For my lunch with Jody Padar, I put together a list of the most important issues in running a CPA practice.

New York state will stop basing its capital gains tax on federal government regulations if President Donald Trump follows through on his proposed unilateral change in how the levy is determined, Governor Andrew Cuomo said.

Senate Majority Leader Mitch McConnell’s new top economic policy aide has a complicated checklist: oversee implementation of the new tax law and mitigate the damage of impending trade disputes.

Rick Gates, the star witness in Paul Manafort’s fraud trial, concluded his testimony Wednesday with high drama.

The Internal Revenue Service provided some long-awaited answers for business owners hoping to dodge the limits on a juicy new tax break.

Paul Manafort’s former accountant was fired from a Virginia firm after she told the court she was aware that Manafort’s tax returns contained false information.

Paul Manafort’s former right-hand man, Rick Gates, broke his silence Monday and offered dramatic inside testimony about how wealthy Ukrainian businessmen used offshore accounts and shell companies to pay his boss millions of dollars for political consulting work.

Last week I had the pleasure of taking four interns from my office on a “field trip” to Manhattan. I also included a senior accountant who started here as an intern.

Special Counsel Robert Mueller’s prosecutors walked the jury in the trial of Paul Manafort through records to back their claim that the former Trump campaign chairman deceived his own financial advisers to hide his foreign accounts and income from U.S. tax authorities.

The Treasury Department and the Internal Revenue Service proposed regulations Friday to increase and expand the first-year depreciation deduction for qualified property from 50 to 100 percent, carrying out a provision of the Tax Cuts and Jobs Act.

The Trump administration dropped a two-year-old accounting probe into Exxon Mobil Corp.’s valuation of its reserves and public disclosures about climate change, while inquiries by two Democratic-led states continue.

U.S. prosecutors shifted away from showcasing Paul Manafort’s excesses and toward the core of their fraud accusations against him, offering evidence that he was deeply in debt as he submitted crudely altered financial statements to secure bank loans.

I don’t think that more than a quarter of the people who ever worked for me assumed “ownership” on what they worked on. The rest did their jobs well, delivered to us what we wanted, but we always needed to put that finishing touch on it.

President Donald Trump’s nominee for chief counsel of the Internal Revenue Service briefly advised the future president’s real estate company on a tax question several years ago.

It’s easy to be outraged about multinational corporations’ shifting of profits to tax havens, but much harder to figure out how to stop them from doing it without hurting the economy. Evidence exists that curbing tax avoidance opportunities makes these firms move actual jobs, not just accounting profits, overseas.

House Republicans unveiled a broad outline on Tuesday for their next phase of tax code changes, which steered clear of correcting technical mistakes from last year’s overhaul.

Corporate America, and even Republican leaders, have warned President Donald Trump that his trade war could end up erasing some of the savings reaped from the sharp cut in the corporate tax rate.