Leaked files from a Panama law firm that creates shell companies show that politicians, criminals and celebrities worldwide have used banks and shadow companies to hide their finances, according to a series of reports by the International Consortium of Investigative Journalists. READ MORE »
The Treasury Department issued temporary regulations to curb corporate tax inversions while continuing to call on Congress to pass legislation to limit the ability of companies to merge with foreign partners to avoid taxes. READ MORE »
Accountants everywhere are faced with the need to adopt technology to better serve clients and handle a growing volume of work. How do you stack up against your peers in adopting technology solutions to improve your processes and services? Are you a Tech Mogul, Tech Rock Star, Tech Scientist or Tech Historian? Take this 60-second quiz and discover your tech persona! START YOUR QUIZ. »
The Internal Revenue Service has filed a $391,056.55 tax lien against singer Iggy Azalea for unpaid taxes from 2014, the year she had the chart-topping hit “Fancy.” READ MORE »
Accounting firms come across noncompete agreements in several different contexts: in the valuation of a company when purchased by a client, in divorce litigation and as part of the employment agreement in the accounting firm itself. READ MORE »
Donald Trump and Ted Cruz oppose a carbon tax, putting them in league with the Republican National Committee on the issue but at odds with some oil companies and economists who view a levy on those heat-trapping emissions as an effective way to combat climate change. READ MORE »
A New Jersey man has been indicted for placing hundreds of telephone calls to the Internal Revenue Service’s electronic payment system in an effort to obtain credit for hundreds of millions of dollars in fictitious tax payments to the IRS that he did not actually make. READ MORE »
The arrest of banker Andrew Caspersen on charges of trying to defraud investors of $95 million has prompted his family to try to shed light on the circumstances surrounding his father’s suicide six years ago amid a U.S. tax investigation. READ MORE »
The Tax Foundation, the nonpartisan think tank devoted to tax research, is not a place you would normally associate with humor, but they do make an exception for April Fools' Day. 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 »
