Investments

The Internal Revenue Service said Friday it plans to issue regulations may limit the impact of a new excise tax on the endowments of private colleges and universities under the new tax law.

The purpose of the new investment vehicle is to direct resources to low-income communities through a more market-driven approach.

The tax automation company is set to raise $150 million during its initial public offering scheduled for June.

Because of quirky rules, even profitable teams can generate paper losses that erase the tax bills on an owner’s other business interests.

There are many novel and unresolved accounting and tax issues in initial coin offerings that haven't received much attention.

The private equity firm has an enticing pitch for the ultra wealthy: Invest in hedge funds and avoid paying taxes forever.

The Governmental Accounting Standards Board has released implementation guidance with questions and answers to explain and elaborate on some of its recent standards.

Private colleges facing a new endowment tax may “behave strategically” to avoid paying it, according to a study published Thursday by a senior researcher at the Federal Reserve Bank of Cleveland.

Late last year, some hedge fund managers raced to protect their personal fortunes from being carved up by the Republican tax law.

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.