Subject Root Tag

Early on my boss took me to a client that I was to work on. He started to explain what needed to be done and what the client did, but then he said, “I hate this client—everything is always messed up and nothing ever makes sense.”

New headquarters, awards and more…

New hires, promotions and more …

Changes in the proposed lease accounting standards that the Financial Accounting Standards Board and the International Accounting Standards Board are working to converge are expected to have an impact on approximately half of public companies, but less than 10 percent will see a major impact, according to new research by the IASB.

Six former Internal Revenue Service employees have pleaded guilty to receiving unemployment benefits while they worked at the agency.

Microsoft announced the general availability of Microsoft Dynamics GP 2013 R2.

KPMG International announced the launch of KPMG Insights Labs, a virtual R&D center to serve as a global innovation hub to incubate and develop data-driven business solutions.

KPMG LLP and Rothstein Kass, a leading professional services firm in the hedge fund industry, have entered into an agreement to merge. Terms of the deal are undisclosed and it is expected to wrap up in a few weeks.

Acumatica announced the addition of the Acumatica Cloud xRP Platform to its product line-up.

For tax preparers who were somewhat dismayed by the recent IRS statistics indicating a slight drop-off in the number of taxpayers who were using a professional to prepare their taxes as opposed to do-it-yourself tax software, take heart.

The push for a corporate tax holiday to encourage repatriation of an estimated $2.1 trillion in foreign profits seems to have gained traction again, thanks to a recent proposal from former President Bill Clinton, but such an idea could provide multinational companies with the incentive for earnings manipulation, according to a new study.

The IRS has issued a pair of one-page electronic publications containing information for individuals and families about the Affordable Care Act.

(Bloomberg) The U.S. House Ways and Means Committee voted to let companies write off more than half the cost of some investments immediately, providing a $287 billion tax cut to capital-intensive industries.

A federal jury found an 87-year-old Florida man owes the U.S. government civil penalties amounting to 150 percent of the value of his Swiss bank account, the biggest such penalty by percentage on record, his lawyers said.

The Hong Kong government plans to meet Chinese officials to discuss concerns over a proposal to ban foreign accounting firms without a mainland partner from auditing Chinese companies planning to list overseas.

Employers owed the Internal Revenue Service approximately $14.1 billion in delinquent Social Security, Medicare and individual federal income taxes that they had withheld from employee paychecks as of June 30, 2012, and the Internal Revenue Service is being urged to do more to assess penalties against them.

John Belpedio has joined WTP Advisors to lead its national Fixed Asset practice and advise clients on issues surrounding Federal tax depreciation.

Dixon Hughes Goodman LLP has added Cohen Rutherford + Knight PC to its national health care practice, DHG Healthcare.

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

Public companies are confronting significant new compliance challenges from a combination of Sarbanes-Oxley requirements, Public Company Accounting Oversight Board inspections of their auditing firms, and COSO’s new internal control framework, according to a new survey.