SCOTUS rules states need a stronger connection to tax a trust
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June 24, 2019
Upcoming Events June 24, 2019
Taxpayer Advocate Olson: 'My role is not to be a shill for the IRS'
By Michael Cohn      8 min read
Olson delivered what is likely to be her final public speech Friday before retiring at the end of July from nearly 19 years of running the Taxpayer Advocate Service.
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SCOTUS rules states need a stronger connection to tax a trust
By Roger Russell      4 min read
The court unanimously agreed that a non-contingent beneficiary's residence was not enough of a reason for a state to tax a trust.
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Facebook’s Libra is live: What CPAs should consider about the new cryptocurrency
By Ron Quaranta, Sean Stein Smith      5 min read
While Libra isn’t accounting focused, accountants and other practitioners should be able to communicate to clients what these changes mean
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House panel approves package of industry and low-income tax cuts
By Joe Light      4 min read
A U.S. House committee approved a package of bills that provide tax breaks for a variety of select industries and constituencies, kicking off what’s likely to be a protracted negotiation with Senate Republicans over whether and how to pay for them.
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Thomson Reuters buys Confirmation in key move to expand audit capabilities
By Ranica Arrowsmith      3 min read
Audit automation is at the forefront of accounting technology innovation right now, with artificial intelligence changing the landscape of sampling and analysis.
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People and firms on the move: A new chair for the CAQ
By Daniel Hood
RSM donates more than a quarter of a million, the CSCPA names its new board, and EY's Kelly Grier will lead the board at the Center for Audit Quality in October.
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Firms giving back: Bennett Thrasher hikes for mental health
By Sean McCabe
Top 100 Firm Bennett Thrasher hikes for mental health awareness; RSM US donates $258,000 to four prominent nonprofits; and other charitable initiatives from firms across the country.
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Supporting Strategies makes Expensify preferred expense reporting solution nationwide
By Ranica Arrowsmith      1 min read
Supporting Strategies is the latest firm to join the ExpensifyApproved! Partner Program, which includes firms such as CLA, Wipfli, and BPM.
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IRS Commissioner Rettig reaches out to tax practitioners, but with a stark warning
By Michael Cohn      8 min read
The chief pointed to his own history as a tax attorney, while reminding tax pros that the IRS is watching from the compliance and enforcement side.
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Tax Fraud Blotter: Nothing in return
By Jeff Stimpson      7 min read
Biofool; give and it hurts; low Priority; and other highlights of recent tax cases.
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Special Report: Tax Office of Tomorrow
This special report examines the latest state of play, and looks ahead to changes on the horizon for the tax practitioner.
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