Practice and client management

As the U.S. took tougher steps Monday to limit the tax-cutting power of corporate inversions, analysts said the new rules may put a planned $160 billion merger between Pfizer Inc. and Allergan Plc in jeopardy.

The Treasury Department issued temporary regulations to curb corporate tax inversions while continuing to call on Congress to pass legislation to limit the ability of companies to merge with foreign partners to avoid taxes.

The Internal Revenue Service has filed a $391,056.55 tax lien against singer Iggy Azalea for unpaid taxes from 2014, the year she had the chart-topping hit “Fancy.”

Banks that deal with international tax reporting are facing a slew of upcoming deadlines and regulations.

The IRS is offering taxpayer relief to victims of recent bad weather in three states.

Gary Shamis of BDO and consultant Jay Nisberg discuss how the personal element dovetails with the firm's business in strategic planning, along with their book "Stratagem."

Donald Trump and Ted Cruz oppose a carbon tax, putting them in league with the Republican National Committee on the issue but at odds with some oil companies and economists who view a levy on those heat-trapping emissions as an effective way to combat climate change.

Leaked files from a Panama law firm that creates shell companies show that politicians, criminals and celebrities worldwide have used banks and shadow companies to hide their finances, according to a series of reports by the International Consortium of Investigative Journalists.

The tax prep industry is stepping up its efforts to reach America's 83 million millennials.

A roundup of our favorite recent tax fraud cases.

Constant vigilance is the price of fighting online fraud

Last September, Accounting Today published the thoughts shared by “Top 100 Most Influential People in Accounting” in an in-depth article, “T100 Extra: The Most Important Issues Facing the Profession.” From the more than 18,000 words expressed by the influencers, I identified the 31 most critical words that truly reflect their wisdom about the real “challenges” facing the accounting profession today.

The Tax Foundation, the nonpartisan think tank devoted to tax research, is not a place you would normally associate with humor, but they do make an exception for April Fools' Day.

The Internal Revenue Service has issued guidance updating the limitations on depreciation deductions for new automobiles.

Gary Shamis of BDO and consultant Jay Nisberg talk in this video about the different ways that firms pursue a strategic planning process, along with their book "Stratagem."

A New Jersey man has been indicted for placing hundreds of telephone calls to the Internal Revenue Service’s electronic payment system in an effort to obtain credit for hundreds of millions of dollars in fictitious tax payments to the IRS that he did not actually make.

The arrest of banker Andrew Caspersen on charges of trying to defraud investors of $95 million has prompted his family to try to shed light on the circumstances surrounding his father’s suicide six years ago amid a U.S. tax investigation.

A cautionary tale for April Fool's Day about a CPA who succumbs after a lengthy battle with sales call reluctance.

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

Accounting firms come across noncompete agreements in several different contexts: in the valuation of a company when purchased by a client, in divorce litigation and as part of the employment agreement in the accounting firm itself.