The International Accounting Standards Board is considering changes in how to account for goodwill under International Financial Reporting Standards, perhaps reintroducing goodwill amortization.

The Taxpayer Protection Act requires tax preparers to use their PTINs to file state returns and includes other measures to stop bad apples.

Thanks to the new TCJA, the bank's deals could become a lot more lucrative.

The Internal Revenue Service and the Treasury Department are following up on their threat to forestall attempts by states to get around the $10,000 limit in the Tax Cuts and Jobs Act on deductions of state and local taxes by setting up state-run charitable contribution funds.

The Internal Revenue Service and the Treasury Department published a notice Tuesday saying they intend to issue proposed regulations clarifying who is a qualifying relative for the new $500 credit for dependents and head of household filing status for years in which the exemption amount is zero for tax years 2018 through 2025.

U.S. businesses face great risk in expansion to APAC without securing local knowledge and expertise to help comply with the region’s complex tax and compliance regulatory framework.

Make no mistake, even without the juice the profit picture would look better than it has in years.

The Financial Accounting Standards Board made two changes to its conceptual framework and released a pair of accounting standards updates aimed at making disclosures in notes to financial statements more effective.

Preparers are offering warnings and education, but few are listening.

The Internal Revenue Service’s initial guidance on the executive compensation deduction won’t settle all of the lingering questions.

As Noble Group’s troubles mounted, the role of Singapore’s regulators has come under scrutiny.

Taxpayers in New York and Connecticut still have a few potential options to avoid the hit from a new cap on state and local tax deductions, while residents of other high-tax jurisdictions may only have creative estate planning as a last resort.

The Tax Cuts and Jobs Act has had major unexpected ramifications around the world; Avalara's Richard Asquith dives into the fallout.

The Financial Accounting Standards Board’s proposed changes to the credit loss standard promise to help private banks and credit unions deal with the transition on a more comfortable timeline.

Allen Weisselberg is an unassuming, soft-spoken guy who has spent decades avoiding the limelight, first in the 1970s as an accountant for President Donald Trump’s father, Fred, and then as the Trump Organization’s chief financial officer. Those days are over.

The IRS is blocking the charitable workarounds high-tax states like New York approved in response to the tax law’s $10,000 limit.

The Internal Revenue Service put the tri-state area on notice: The charitable workarounds New York, New Jersey and Connecticut approved following the new federal cap on deductions for state and local taxes aren’t acceptable to the federal government.

PwC surveyed how public and private companies are handling the revenue recognition standard.

This handful of provisions from the Tax Cuts and Jobs Act are worth immediate attention.

As we enter into the tax planning stage of the year, the focus shifts to helping clients understand the impact of the Tax Cuts and Jobs Act and optimize their tax positions.