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Tax reform talk is heating up. Support is growing for bipartisan efforts to rewrite the tax code, with committee chairmen and ranking members in both the House and the Senate jumping aboard the effort.
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A bipartisan group of senators have introduced legislation to combat acts of tax evasion, money laundering, terrorism and other wrongdoing facilitated by U.S. corporations with hidden owners.
August 1 -
President Barack Obama said he will nominate John Koskinen, former chairman of Freddie Mac, as the next Internal Revenue Service commissioner.
August 1 -
Vulnerabilities at the Internal Revenue Service could allow for improper or fraudulent claims for bond tax credits, according to a new government report.
August 1 -
Top 100 Firm Eide Bailly has agreed to merge with the Salt Lake City based firm, Hansen, Barnett & Maxwell.
August 1 -
The IRS has released TD 9625, final regs regarding the exception to the deduction limits on reimbursement or other expense allowance arrangements.
August 1 -
Social media is all about powerful communication tools
August 1 -
No one can deny that over the last several years, there have been more mergers and acquisitions in the accounting profession than ever before. The real questions, however, are whether these transactions are really delivering the promised marketing and competitive results.
August 1 -
Tax identity theft has grown exponentially over the past several years. Identity theft has topped the Internal Revenue Service's "Dirty Dozen" annual list of tax scams for both 2012 and 2013, and also appeared on the list in 2011. According to the National Taxpayer Advocate Service, identity theft grew by more than 650 percent between fiscal years 2008 and 2012.
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A roundup of accounting firm mergers and acquisitions from the previous month
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