The Internal Revenue Service has released the Top 10 Identity Theft Prosecutions for Fiscal Year 2015 to highlights its efforts to combat tax refund fraud and identity theft.
The Internal Revenue Service has released the Top 10 Identity Theft Prosecutions for Fiscal Year 2015 to highlights its efforts to combat tax refund fraud and identity theft. READ MORE »
Relatively few employers are claiming the Small Business Health Care Tax Credit under the Affordable Care Act, according to a new government report. READ MORE »
RSM US LLP, the firm formerly known as McGladrey, has begun compiling an index of middle-market business performance, in collaboration with Moody’s Analytics. READ MORE »
The American Institute of CPAs has written to the Internal Revenue Service recommending some changes in the IRS’s proposed regulations for country-by-country reporting by multinational corporations of financial information to curb tax avoidance. READ MORE »
A Washington-based watchdog group is taking aim at Donald Trump, accusing his foundation of making political contributions that may have violated its status as a tax-exempt charity. READ MORE »
As tax professionals, we’re used to seeing a myriad of changes to the tax code every year. We spend hours familiarizing ourselves with the details so we’re prepared to advise our clients in the New Year. READ MORE »
The odds of being criminally prosecuted by the Internal Revenue Service have fallen as a result of budget cuts at the hands of Congress, decreasing from 13.3 per million population in fiscal year 2013 to 9.2 per million in FY 2015, according to new research. READ MORE »
The National Retail Federation is urging Congress to reject any form of consumption tax as it considers a variety of tax reform proposals in a hearing Tuesday. READ MORE »
Alex Quevedo of ADP talks about how accountants can help their clients get the appropriate insurance coverage, in a video interview with Dan Hood of Accounting Today. READ MORE »
Most taxpayers have at least a vague understanding of the principle that gifts do not constitute taxable income, while payments for services are taxable. Unfortunately for exotic dancer and professional adult entertainer Veronica Fairchild, there is no middle ground which would allow her to include in income some of the money she received from a client as payment for her services, while she characterized the bulk of what she received as gifts... READ MORE »
Accounting Principals, recruitment and placement service of accounting and finance professionals, announced on Tuesday that they have become the Official Athlete Career Transition Services Sponsor for Team USA, which will look to support athletes before, during and after their Olympic training and competition to succeed in their careers. READ MORE »
The Financial Accounting Standards Board has named the members who will serve on a Transition Resource Group to help with implementation of its upcoming credit losses standard. READ MORE »
As the founder of a consulting firm that provides cloud-based accounting software and business-process-as-a-service outsourced accounting in the cloud, I’ve gotten a first-hand look at the adoption of cloud software in finance and accounting. READ MORE »
Greatland Corporation has compiled a list of misconceptions when it comes to tax-reporting requirements. Failing to understand the real truth behind these myths can cost a business extra money to file again or, even worse, to pay steep fines if reporting is not done in compliance with regulations. READ MORE »
Addressing the Indirect Tax Challenges Facing Communications Providers, an Aberdeen Group white paper brought to you by Avalara, outlines key obstacles communications service providers face in tax management. READ MORE »
