Regulation and compliance
Regulation
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December’s reform law could help drive down the take.
March 21 -
The European Union published proposals Wednesday for a 3 percent Digital Turnover Tax on the European B2B revenues of digital giants such as Google, Apple, Facebook, Amazon (termed GAFA in Europe), Uber and Airbnb.
March 21 -
This offering will help companies start the ASC 842 compliance process; a full-service solution will debut in the fall.
March 21 -
More rush regulation; figuring reasonable compensation; software versus you; and other highlights from our favorite tax bloggers.
March 20 -
Businesses that were early adopters of the new rules have been running into some issues with regulators and investors.
March 20 -
Many preparers report a flood of early clients with questions about tax reform.
March 20 -
FASB's recent move to make implementation easier isn't persuading accountants it will save them any time or effort.
March 19 -
A new academic study suggests that the provisions in the Tax Cuts and Jobs Act encouraging companies to repatriate their foreign earnings back to the U.S. at a reduced tax rate could lead to more spending on research and development.
March 19 -
The Securities and Exchange Commission has accepted the latest sets of XBRL tags for financial filing.
March 19 -
President Donald Trump’s new tax law set off a false alarm for homeowners planning to borrow against their houses.
March 19 -
The Treasury Department issued a strongly worded statement in response to a report from the Organization for Economic Cooperation and Development.
March 16 -
The International Financial Reporting Standards Foundation has released a new set of data tags, while the Securities and Exchange Commission also renewed its files.
March 16 -
Taxpayers who were wrongly imprisoned will have more of an opportunity to take advantage of a tax break that Congress recently approved.
March 16 -
The Internal Revenue Service said Friday it’s ready to process tax year 2017 returns claiming four additional tax benefits recently renewed retroactively into law, including tax breaks related to energy conservation and production.
March 16 -
Republicans are looking to act a lot faster than originally expected to keep the new individual tax breaks from expiring in 2025.
March 16 -
The Center for Audit Quailty has released a new publication offering considerations for audit committee members to help with oversight of non-GAAP measures.
March 16 -
A new report from Sen. Ron Wyden, D-Ore., the ranking Democrat on the Senate Finance Committee, discusses how small businesses will face more uncertainty and complexity from the Republican tax law and will ultimately need help from their accountants to figure out the pass-through deduction.
March 15 -
Tax breaks for individuals should be made permanent in future legislation, according to the incoming White House economic adviser.
March 15 -
The U.S. Chamber of Commerce is asking the Internal Revenue Service for more guidance on the Tax Cuts and Jobs Act, asking for language specifying how qualified business income and limitations on business interest should be defined, among other matters.
March 14 -
Two trade groups representing farmer cooperatives and feed producers have reached an agreement to resolve a technical problem in the Tax Cuts and Jobs Act, with the support of Republican leaders in Congress who hope to include the provision within a larger appropriations bill.
March 14

















