Tax

Great Derby bet; fraud and recouping fees; nothing beats education; and other highlights from our favorite tax bloggers.

A new revenue procedure makes it easier for companies to conform with FASB's revenue recognition standard.

The Internal Revenue Service will provide more clarity in the near future on the Tax Cuts and Jobs Act.

While the IRS audit rate is decreasing, it’s still important to educate your clients on the things that commonly trigger an audit.

Criminals who pretend to be working for the IRS are asking for bank information from international taxpayers and non-resident aliens.

A House bill to repeal the four-month-old U.S. college endowment tax has gained sponsors on both sides of the political aisle.

The American Institute of CPAs suggested more than 30 changes to the Internal Revenue Service for the Form 990, Return of Organization Exempt from Income Tax, and its instructions, some of them marked as urgent.

The 20 percent pass-through deduction could provide a major benefit for gig economy workers and the self-employed, but there are also some important caveats.

Get off the hamster wheel and into the Learning Zone.

Corporate America is stepping up its investment plans this year, but the main reason may come as a surprise. An improved business outlook — rather than the Trump administration’s tax cuts — is driving companies’ decisions.