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The Internal Revenue Service is winding down its program to entice wealthy Americans who hid money abroad to come forward and take an amnesty deal—but if you’re a tax evader, or simply clueless, don’t think you’ve been spared.

The firms were recognized by Junior Achievement USA for their charitable efforts over the last year.

Tax breaks for individuals should be made permanent in future legislation, according to the incoming White House economic adviser.

The American Institute of CPAs’ Auditing Standards Board has issued an auditing interpretation to help accountants comply with standards from both the AICPA and the Public Company Accounting Oversight Board.

The U.S. Chamber of Commerce is asking the Internal Revenue Service for more guidance on the Tax Cuts and Jobs Act, asking for language specifying how qualified business income and limitations on business interest should be defined, among other matters.

Elizabeth Holmes raised hundreds of millions of dollars from investors on the promise that her medical-testing startup Theranos Inc. would change medicine with a single drop of blood. On Wednesday, securities regulators called her a fraud and forced her to give up the company she built.

I hear the comment all the time, “If I do cost segregation, I’ll just give it all back in recapture when I sell.” Allow me to debunk that myth and more.

As organizations gravitate away from highly customized legacy accounting systems and many systems arrive at their end-of-life, there are some best practices firms should follow to embrace the agility of an open platform.

States are tightening up sales tax laws for online stores.

Two trade groups representing farmer cooperatives and feed producers have reached an agreement to resolve a technical problem in the Tax Cuts and Jobs Act, with the support of Republican leaders in Congress who hope to include the provision within a larger appropriations bill.

Three of America’s most discreet billionaire philanthropists have emerged as the biggest donors to the Goldman Sachs Philanthropy Fund after the IRS accidentally revealed their identities.

New Jersey Governor Phil Murphy proposed taxing online-room booking, ride-sharing, marijuana, e-cigarettes and internet transactions along with raising taxes on millionaires and retail sales to fund a record $37.4 billion budget that would boost spending on schools, pensions and mass transit.

The blockchain gang; buying vs. leasing biz cars; real estate defined for Sec. 199A; and other highlights from our favorite tax bloggers.

The IRS is allowing many companies extra time to file the income tax returns.

The Institute of Internal Auditors and Grant Thornton have published a new book on using data analytics within the internal audit function.

The Internal Revenue Service provided additional information Tuesday to help corporate taxpayers deal with the new section 965 transition tax for repatriating foreign profits under the tax law that Congress passed in December.

Blockchain is one of the hottest topics in the accounting and financial services field, but a substantial amount of uncertainty remains.

The Internal Revenue Service said Tuesday it plans to close the 2014 Offshore Voluntary Disclosure Program on Sept. 28, 2018 and will start winding it down before that date.

Clients may face unexpected tax consequences from transactions with these digital assets.

Recent changes to international standards for audit reports have improved the quality of information that’s available to investors, and had a positive impact on wider elements of financial reporting, including governance and corporate reporting, according to a new report from the Association of Chartered Certified Accountants.