Subject Root Tag

The Financial Accounting Standards Board has issued for public comment two exposure drafts related to materiality and its Disclosure Framework project with the goal of making financial disclosures more effective.

The U.S. government has signed “competent authority arrangements” with the United Kingdom and Australia to advance their intergovernmental agreements to combat tax evasion under the Foreign Account Tax Compliance Act, or FATCA.

Thomson Reuters has released a new program to help tax professionals and accounting firms educate their clients, prospects and client service teams about the latest developments in the field.

"A picture is worth a thousand words" is probably one of the most overused clichés (and I’ve just added to that). But cliché or not, the foundation for the statement is based in science.

The Internal Revenue Service cannot readily identify American citizens and resident aliens working in a foreign country, as well as resident aliens working in the United States, who may have improperly claimed exemption from U.S. Social Security taxes, according to a new government report.

Senator Elizabeth Warren urged the Treasury Department to finalize its rule limiting the tax benefits enjoyed by private equity managers.

The Securities and Exchange Commission announced that it has approved the renewal of its Advisory Committee on Small and Emerging Companies.

Guiding your clients into and through retirement

A slideshow of education-related tax opportunities

Exploring the role of CRM systems at accounting firms

The new ACA Information Center page on IRS.gov features information and resources for employers of all sizes on how the health-care law may affect them.

Sageworks released a Document Manager enhancement to its Sageworks Valuation solution.

“Goodfellas” producer Irwin Winkler filed a lawsuit against Warner Bros. Entertainment, claiming the studio reported the movie lost money to pocket the millions of dollars he’s owed.

The International Accounting Standards Board proposed temporary measures to address worries over conflicts between a standard that has been issued, and another that isn’t due for a year.

The Internal Revenue Service does not have the controls and processes that it needs to avoid paying out erroneous Foreign Tax Credit claims, according to a new report.

As an accountant, your business clients rely on you to provide sound advice and expert service on topics ranging from basic bookkeeping to strategic financial management. However, clients are increasingly turning to accountants to counsel them on issues that often fall outside of the accountant’s traditional scope of expertise, including seeking advice on human resource functions and other important employment issues.

Highlights of some of our favorite tax-related blogs from the past week.

Does your firm need to hire a marketing director?

Handling tax controversy cases before the IRS calls for more than just tax expertise

The Securities and Exchange Commission has charged the Jacksonville, Fla.-based retail chain Stein Mart Inc. with materially misstating its pre-tax income due to improper valuation of inventory subject to price discounts and for having inadequate internal accounting controls.