Practice Management

Democrats are courting progressive-minded Americans by calling for a tax on Wall Street trades. If the party succeeds, the mom-and-pop investors they’re wooing could bear the brunt.

The Democratic Party’s proposed 2016 platform supports “a financial transaction tax on Wall Street”—but presumptive nominee Hillary Clinton is focused on a narrower approach that isn’t likely to target big banks.

Municipal bonds are becoming concentrated in a fewer number of hands and that may not be good for bondholders and states and local governments.

House conservatives launched an effort Thursday to force a vote to impeach the IRS commissioner, but action on the motion could be delayed until September.

Tips on how to make working at home pay, from the Illinois CPA Society

Most tax practitioners occasionally find themselves in the position of having to deal with clients who have received penalties for late filing of tax returns or late payment of income taxes.

The Big Four firms have sent a letter to Treasury Secretary Jacob Lew asking for withdrawal of proposed regulations on the tax treatment of corporate debt and equity.

Mazars, an international accounting, auditing and tax firm, has signed a deal to acquire Corality Financial Group, a financial modeling consultancy and training course provider with offices in Sydney, London and New York.

A self-styled tax watchdog group has launched an effort to independently audit the Internal Revenue Service, with the help of taxpayers.

U.S. Treasury Secretary Jacob J. Lew is set to meet with European Union antitrust chief Margrethe Vestager this week as she prepares to deliver a final verdict on a probe into Apple Inc.’s tax affairs in Ireland.