Practice Management

Hillary Clinton’s Democratic presidential campaign said Monday that Republican Donald Trump’s proposals to overhaul the federal tax system would benefit “high-debt investors like himself,” opening a new line of attack.

Ostrow Reisin Berk & Abrams Ltd. has added Red Granite, an accounting and financial services firm that offers cloud-based bookkeeping and outsourced CFO services.

Republican leaders of the Senate Finance Committee and the House Ways and Means Committee are asking the Treasury Department to go back to the drawing board on proposed regulations for changing the tax treatment of corporate debt and equity to curb corporate earnings stripping.

The Internal Revenue Service has created a new webpage with information to help people who participate in the so-called “sharing economy” get timely tax advice.

I attend Management of Accounting Practice (MAP) CPE programs. In many instances these do not qualify toward the mandatory CPE requirements. Who cares?

Wipfli LLP is expanding its presence in the Chicago area by adding Weltman Bernfield LLC, a firm based in the suburb of Buffalo Grove, Ill., effective September 1.

Restaurateur Rowen Seibel has made the gossip pages for getting socked by Diane von Furstenburg’s son and multimillion-dollar court fights he’s waging with celebrity chef Gordon Ramsay.

Jeff Bezos’s relentless focus on user experience has helped him make Amazon the most valuable e-commerce company in the world. But regulators in Europe and the U.S. say that the value Amazon places on the technology behind that experience varies radically depending on which side of the Atlantic it’s on—and which appraisal will lower its tax bill.

H&R Block may be looking to sell soon, according to recent published reports.

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.