Tax
Tax News & IRS Insights for Accounting Professionals
Accounting Today delivers news and analysis for accounting and tax professionals on federal and state tax developments, IRS guidance,information reporting, and operational implications for practices and clients. Our coverage focuses on legislative and procedural shifts that tax practitioners must monitor in planning, compliance, and advisory contexts.
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A former Julius Baer banker who leaked documents from a Cayman Islands subsidiary was cleared of breaking Swiss banking secrecy by Switzerland’s top court, creating possible problems for how the Alpine nation’s banks manage their foreign units.
October 10
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Ordinary families might stash spare cash under a mattress or in a safety deposit box. South Korea’s Lee family are so rich they spent years leaving billions of dollars under the names of their employees.
October 10
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U.K. cake baker Patisserie Holdings Plc suspended its chief financial officer after uncovering “significant, and potentially fraudulent, accounting irregularities” and a demand for more than a million pounds in back taxes.
October 10
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Firms’ winter policies; SALT county by county; new forms and a potentially delayed season; and other highlights from our favorite tax bloggers.
October 10
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The Internal Revenue Service generally is not enforcing the tip agreements it has in place with some businesses, according to a new report.
October 9
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Harvard University’s $39.2 billion endowment has reached a record value. So did Yale. And Brown. And Dartmouth.
October 9
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An effort to put a tax on carbon dioxide emissions just won an unlikely underwriter: a top producer of oil and gas.
October 9
