Person Root Tag

Effective June 7, isolation of Russia includes sanctions prohibiting U.S. accounting firms — even U.S. firms operating from offices overseas — from providing a variety of services to Russian individuals and entities.

Oil companies that record a profit margin better than 10% would face a proposed new federal surtax, as Democrats struggle to curb U.S. energy costs and broader inflation.

The scarcity of Black professionals in public accounting is a fact. There are many reasons for that but discussing these reasons won’t solve this issue.

Longtime Trump Organization Chief Financial Officer Allen Weisselberg has hired a seasoned lawyer as the criminal case accusing him and the company of tax fraud gets closer to trial.

The country says it wants a legal guarantee to ensure multinational companies leave more in countries where they generate revenue.

Ask your tomorrow self if today’s self has positioned you adequately and responsibly. If you don’t like the answer, you have time to change it.

The lack of proper representation of Black people in accounting made it much more difficult to attain what two CPAs recently accomplished.

The Internal Revenue Service introduced a new feature that enables taxpayers to check the status of their current tax year and tax refunds for the two previous years as the agency continues to come under fire for processing backlogs.

Sen. Ron Wyden asked for more information about the firm's disclaimer that a decade’s worth of financial statements should no longer be considered reliable.

Make payment a conscious part of your job.

A pair of congressional Democrats want to see a rule finalized that would open up greater access for families to claim premium tax credits for health insurance.

The Senate Finance chairman is investigating the embattled drugmaker and formula producer’s low tax rates, alleging the company’s investments in stock buybacks may have driven the nationwide formula shortage.

The 15% minimum tax deal needs congressional approval, but lacks the universal support of Democrats and faces concerted Republican opposition.

Warsaw’s resistance is holding up a measure that would implement a 15% minimum corporate tax rate across the European Union.

A few weeks ago, while I was cleaning out old papers, I came across a staff handbook I wrote in 1982.

The service is coming under criticism for destroying an estimated 30 million paper-filed information returns, with one lawmaker even calling for the IRS commissioner to be replaced immediately.

Sens. Ron Wyden and Rob Portman proposed bipartisan legislation to disallow foreign tax credits and other tax benefits for companies that pay taxes to Russia or Belarus.

In recent days, Biden and his aides have repeatedly cited Republican Senator Rick Scott’s “Rescue America” plan — from February.

A research note from Barclays paints a picture of an exploding new industry that the IRS is struggling to hold to account. 

The Treasury secretary will meet next week with counterparts in Europe, aiming to keep up pressure on Russia and prevent delays to the implementation of a global tax deal.