Regulation and compliance
Regulation
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Vanguard Group Inc. has reached an agreement to pay several million dollars in back taxes in Texas, the first known payout related to a whistle-blowers accusation that the worlds biggest mutual-fund company underpaid its taxes by tens of billions of dollars.
November 23 -
The Internal Revenue Service has proposed new regulations for innocent spouse relief related to joint and several liability under the Tax Code.
November 20 -
The Internal Revenue Service announced three changes Friday to the proposed rules for the new tax-favored Achieving a Better Life Experience, or ABLE, accounts for eligible disabled individuals that will be included in the final regulations when they are issued to make it easier for states to offer and administer ABLE programs.
November 20 -
The Treasury Department and the Internal Revenue Service have outlined additional steps they are taking to reduce the tax benefits of corporate inversions, and when possible, stop the transactions from occurring.
November 19 -
Interim CEOs engage in considerably more earnings manipulation than their permanent successors, according to a new study.
November 19 -
The U.S. Treasury Department plans to release additional guidance this week aimed at deterring corporate inversions, though it cant stop such tax-avoidance moves without new authority from Congress, Secretary Jacob J. Lew said.
November 19 -
Companies are taking steps on their own to make their financial reports and disclosures more understandable, according to a new report.
November 17 -
The Internal Revenue Service is making yearly adjustments to W-2 and 1099 forms, while adding brand new 1095 forms related to the Affordable Care Act to the list of required forms for filers this year.
November 13 -
Finance leaders are under pressure to better manage margins and earnings performance, cash flow and cybersecurity, according to a new survey.
November 11 -
Its never too late in the year for you and your clients to get ready for next tax season.
November 9 -
A new study predicts the Securities and Exchange Commissions final regulations on clawbacks of incentive based compensation for corporate executives could backfire and only encourage companies to avoid the kinds of financial restatements that might trigger a clawback.
November 5 -
The sharing economy has created untold numbers of micro-entrepreneurs, who provide services through digital-age apps.
November 5 -
Expense management software developer Certify has released its annual list of the most eye-opening business expenses submitted by travelers in the past year.
October 30 -
The Securities and Exchange Commission adopted final rules Friday to allow companies to offer and sell securities through crowdfunding.
October 30 -
Reporting of non-financial performance data is a problem for more than half of nonprofits, according to a new survey.
October 30 -
The Association of Chartered Certified Accountants and the Institute of Management Accountants held a panel discussion at St. Johns University in New York on Wednesday evening to discuss how accountants and C-suite executives need to manage business risks.
October 29 -
IBMs Ginni Rometty is grappling with the second federal probe into revenue recognition in as many yearsevidence of the accounting challenges technology companies like hers face as they shift from selling hardware to software services.
October 28 -
Crowe Horwath LLP has issued a year-end tax-planning guide with information on income tax deductions, investments, retirement and estate planning and tax rates, along with what to do about the uncertain state of the tax extenders legislation in Congress.
October 28 -
Daily fantasy-sports companies, at the center of legal and regulatory debate about whether their games are gambling, have agreed to the formation of a self-regulatory body led by former acting U.S. Secretary of Labor Seth Harris.
October 28 -
AccountantsWorld CEO Dr. Chandra Bhansali is warning about the tax season crunch that many accountants will be facing in a few months when their clients come in to not only do their taxes, but also close the books on their small businesses, while getting help complying with the Affordable Care Act.
October 27