Investments

The American Institute of CPAs has written a letter to the Internal Revenue Service asking the IRS to provide maximum flexibility in its regulations for the new centralized partnership audit regime.

About one-third of Americans are postponing a major life decision, such as getting married or having children, for financial reasons.

A proposed tax on financial transactions in 10 European Union countries could generate about 19.6 billion euros ($23.5 billion) of annual revenue, though Brexit could make collection more difficult, according to a new estimate.

The company is going to market as the digitization of transaction taxes moves into a higher gear.

A House bill to repeal the four-month-old U.S. college endowment tax has gained sponsors on both sides of the political aisle.

The financial health of Magnolia Regional Health Center, a 200-bed public hospital in northern Mississippi, has gone from fair to serious condition all because of an accounting rule.

Warren Buffett has warned about the “nightmare” tied to new accounting-rule changes. Now it’s beginning.

Real estate investment trusts and their investors are incontestable winners of the Tax Cuts and Jobs Act.

The Association of International CPAs has released a guide to how management accountants can help their organizations fulfill the United Nations’ Sustainable Development Goals.

The Public Company Accounting Oversight Board began requiring firms last year to disclose the names of engagement partners who participated in audits, but a new academic study questions whether the new requirement will actually benefit investors.

The Sustainability Accounting Standards Board Foundation has appointed Perella Weinberg Partners partner and CEO Robert K. Steel as its new chair, succeeding former New York City Mayor Michael Bloomberg, the founder and chief executive of Bloomberg LP. Steel previously worked under Bloomberg as deputy mayor.

The sturdy, reliable real estate investment trust is facing an existential choice.

The former CEO of the Sustainability Accounting Standards Board is passing on the chairmanship post to vice-chair Jeffrey Hales.

Hedge-fund billionaires were already struggling to keep investors from heading out the door. Then along came another problem: big tax bills.

The CFA Institute has some advice for investors about the main questions they should be asking about the new revenue recognition standard.

Illinois residents could enjoy lower taxes if their squabbling leaders tackle the debt-riddled state’s biggest problem — its massively underfunded pension system. But that’s a big if.

If you thought trading Bitcoin was wild, try figuring out how to pay taxes on it.

The U.S. budget deficit will surpass $1 trillion by 2020, two years sooner than previously estimated, as tax cuts and spending increases signed by President Donald Trump do little to boost long-term economic growth, according to the Congressional Budget Office.

The Internal Revenue Service knocked down one way for hedge fund managers to dodge restrictions in President Donald Trump’s tax law. But for some managers, there’s still a way out.

Lawmakers are on the cusp of settling on a $1.3 trillion bill to avoid a government shutdown this weekend after reaching compromises on a fix to the tax law and other issues.