Subject Root Tag

The Sustainability Accounting Standards Board has released a set of provisional standards for companies in the transportation sector.

The American Institute of CPAs has submitted comments to the Internal Revenue Service and the Treasury Department relating to the issue of material participation by a trust or estate in a trade or business for purposes of section 469 of the Tax Code.

Two research studies released Wednesday demonstrate the significant changes to behavior triggered by integrated reporting.

The Internal Revenue Service does not have the information it needs to ensure that employers are eligible for and comply with the Voluntary Classification Settlement Program, according to a new government report.

Avalara has appointed former Microsoft executive Tami Reller to its board of directors.

Deloitte said Wednesday it posted record revenues of $34.2 billion globally for the fiscal year ending May 31, as demand for services at its member firms produced their fifth consecutive year of growth.

Jamie Fowler has been named office managing partner at Grant Thornton LLP’s Mid-Atlantic practice. She will oversee the growth and operations of the Top 100 firm’s Baltimore and McLean, Va., offices.

Pfizer Inc. has approached Actavis Plc about a deal that could allow the U.S. drugmaker to move its address overseas and reduce taxes, in a sign the Obama administration’s efforts to curtail inversions might fall short.

The second public meeting of the President’s Advisory Council on Financial Capability for Young Americans (“the Council”) will be held on Thursday, October 2, 2014, from 9:00am - 11:30am EDT, on site at the US Department of the Treasury in Washington, D.C.

The Internal Revenue Service has issued new draft instructions, notices and a publication to help taxpayers and tax practitioners deal with the Affordable Care Act.

Wolters Kluwer Audit, Risk and Compliance announced a new data analysis tool set will be integrated in its TeamMate Audit Management System.

Twenty years ago, a Central Withholding Agreement could easily be negotiated via a phone call and follow-up letter to a designated Internal Revenue Service agent. Today, that’s not the case.

Expanding businesses into new markets brings with it a slew of new factors to consider: globalization, digitization, and company culture, to name a few. Recognizing these obstacles, the American Institute of CPAs (AICPA) and the Chartered Institute of Management Accountants (CIMA) have released Chartered Global Management Accountant (CGMA) reports entitled Rethinking the Value Chain, a series designed to help businesses reevaluate opportunities in emerging markets and strengthen their value chains.

Top 100 firm Friedman LLP will integrate Executive Sounding Board Associates LLC into its firm. The pairing of the business consulting, turnaround management, restructuring and crisis management practice firm will go into effect on Jan. 1, 2015.

The Treasury Department’s new steps to curb the tide of corporate inversion deals and the Organization of Economic Cooperation and Development’s recently released recommendations aimed at combating tax base erosion and profit shifting signal increasing momentum in the battle to prevent corporate tax revenues from eroding.

PwC announced it has expanded its Data Protection and Privacy practice within its Risk Assurance division, adding team members and service offerings.

The American Institute of CPAs’ Auditing Standards Board has issued a third exposure draft resulting from its Attest Clarity Project, in an effort to address concerns about the clarity, length and complexity of the attestation standards for CPAs.

Business development companies are increasingly using off-balance sheet investment vehicles known as senior secured loan programs to increase their effective portfolio leverage without running afoul of regulatory limits on balance sheet leverage, but that trend can be risky, according to research from Fitch Ratings.

The Treasury Department announced steps that will make it harder for U.S. companies to move their addresses outside the country to reduce taxes, clamping down on the practice known as inversions.

Sage North America announced an agreement to acquire PayChoice, the privately held provider of payroll solutions for small and medium-sized businesses.