Subject Root Tag

The Centers for Medicare and Medicaid Services’ internal controls did not effectively ensure the accuracy of nearly $2.8 billion in financial assistance payments to insurance companies under the Affordable Care Act during the first four months that the payments were made, according to a new government report.

It’s one of the sweetest employee perks in the hedge-fund world: a chance to invest in Medallion, the wildly profitable fund created by market legend James Simons.

Thirteen community organizations have written a letter to IRS Commissioner John Koskinen asking the IRS to investigate whether the Walmart Foundation qualifies as exempt under Section 501(c)3 of the Tax Code.

Senators Chuck Grassley, R-Iowa, and John Thune, R-S.D. introduced legislation to improve customer service at the Internal Revenue Service, create new taxpayer protections, and update and strengthen existing taxpayer protections.

The conversation about learning for accounting professionals seems to be picking up steam.

The Internal Revenue Service has released final regulations on the portability of a deceased spousal exclusion amount for surviving spouses facing estate and gift taxes.

ATAX, a Latino-owned tax preparation, bookkeeping and payroll services franchise company, reported Monday that the 2015 tax season was its strongest since it began franchising in 2007.

Avalara has acquired VAT Applications NV, Belgium-based developer of the iVAT suite of VAT compliance software and services, in the company's latest move to expand their global presence

The Securities and Exchange Commission has upgraded its EDGAR online system for financial filings and will no longer support an older version of the U.S. GAAP financial reporting taxonomy.

Rep. Jason Chaffetz, R-Utah, and a bipartisan group of lawmakers have teamed up to introduce new legislation that aims to make it easier for states and localities to collect sales taxes on online purchases and other remote transactions.

The National Society of Accountants has created a Tax Practitioners Bill of Rights.

The Tax Office of Tomorrow

The Internal Revenue Service has added some types of grantor trusts to the list of areas in which it does not plan to issue letter rulings or determination letters.

The Internal Revenue Service said Monday that all empowerment zone designations remained in effect through the end of 2014.

The Internal Revenue Service is reminding all taxpayers with a filing requirement for a foreign bank account report to report their foreign assets by the June 30 deadline.

A few weeks ago I wrote about being independent and not selling financial services or products to clients. Quite a few people called me to ask about “value billing” and how that fits in. Here are some comments.

The U.S. Treasury Department’s Community Development Financial Institutions Fund is awarding more than $3.5 billion in New Markets Tax Credits to 76 organizations across the country to stimulate investment and economic growth in low-income urban neighborhoods and rural communities.

Jeb Bush is getting conflicting advice from opposing wings of the Republican Party on a key economic issue: taxation.

Crowe Horwath introduced a Crowe Model Risk Manager solution that facilitates financial institutions' model risk management process.

With many companies using Concur’s travel management and expense software internally, its integrated app TripIt is a no-brainer for most business travelers to have on their smart devices.