Companies will commission a cost segregation study, but its analysis never gets implemented on the tax return.

CalCPA CEO Anthony Pugliese explains what accountants need to know before the law goes into effect Jan. 1.

Pulling back the curtain in the land of OZ, and other gain deferral strategies to consider.

The American Institute of CPAs’ Financial Reporting Committee has sent a letter to the Financial Accounting Standards Board questioning the costs and benefits of FASB’s current goodwill impairment model.

The Internal Revenue Service has issued a second early draft version of the new Schedule 1 for next tax season’s Form 1040 to include a question up top about whether a taxpayer has sold, received, exchanged or acquired cryptocurrencies such as Bitcoin or Ethereum.

Section 1031 exchanges involving related parties present some of the most complex problems in tax law.

The president, under siege from House Democrats weighing impeachment, suffered a stinging blow as a federal appeals court upheld a subpoena ordering his accountants to provide Congress with his financial records.

For Americans who couldn’t figure out how to pay their taxes in April after Republicans overhauled the tax code, there is a new day of dread for accountants: Oct. 15.

The guidance is the first since 2014.

At long last, the IRS proposes new regs on cloud transactions.

The Treasury Department and IRS issued proposed regulations to help taxpayers avoid negative tax consequences in the transition away from the London Interbank Offered Rate and other interbank rates to newer reference rates.

A new notice explains which rates taxpayers should use as of Oct. 1.

Some functions -- like those performed by CPAs in public markets -- call for government licensing.

Businesses would have to pay a tax based on the amount they spent to lobby the government.

Rev. Proc. 2019-40 will limit the inquiries some U.S. taxpayers have to face.

With October 15 coming up, Mark Luscombe shares top issues for extended tax returns.

The case brought by New York and New Jersey was brought against a provision of the Tax Cuts and Jobs Act.

The Justice Department investigation into the allergy shot would eventually cost the drug maker nearly $500 million.

The university, best known for the Fighting Irish, is taking on an off-field conflict, this one involving money. And art.

As FASB considers additional interventions in the way public companies account for goodwill, they would do well to remember one of Hippocrates’ maxims for physicians.