SALT and the bill; digital taxes worldwide; retaining clients; and other highlights from our favorite tax bloggers. Beautiful noise Eliminating complexity TaxProf Blog (http://taxprof.typepad.com/taxprof_blog/): Large multinationals...
Carl Peterson, vice president of small firm interests at the American Institute of CPAs, will retire on June 30. Peterson joined the AICPA in 2014 focusing...
The Internal Revenue Service is expected to lean more heavily on artificial intelligence technology as it carries out widespread layoffs. A report, released last week by...
Illinois approved a bill on Thursday to create additional pathways to CPA licensure, and it awaits the signature of Gov. JB Pritzker. The legislation, House Bill...
Check out the companies making headlines in midday trading. Chinese autos — Chinese auto stocks retreated after BYD said it would lower prices on 22 electric...
Charles Rangel, the dapper, voluble U.S. congressman from New York’s Harlem district who for four decades used his perch on the House tax-writing committee to advocate...
Book’im; out of Service; what a pill; and other highlights of recent tax cases. Greenbelt, Maryland: Jerome Brown, of Detroit, has been sentenced to five years...
People walk past the headquarters of the U.S. Small Business Administration in the Southwest Federal Center area on March 24, 2025 in Washington, DC. Chip Somodevilla...
The Internal Revenue Service makes paid preparers who submit a return that claims the Earned Income Tax Credit, the American Opportunity Tax Credit and others (and...
U.S. President Donald Trump gestures at the annual National Memorial Day Observance in the Memorial Amphitheater, at Arlington National Cemetery in Arlington, Virginia, U.S., May 26,...
In Texas, where business thrives but financial transparency sometimes falls short, even well-established companies face serious consequences for accounting failures. An independent auditor’s recent issuance of...
Consumer optimism got a much-needed boost in May on hopes for trade pace between the U.S. and China, according to a survey Tuesday. The Conference Board’s...
U.S. prosecutors demanded that Builder.ai hand over financial statements and other documents, signaling that the artificial intelligence company was facing legal scrutiny in the weeks before...
Investors in nations with tax regimes that the U.S. deems unfair would face higher tax rates on income earned in the U.S. if the tax bill...
A living space in the new J.P. Morgan financial center branch format in Palm Beach. Courtesy: JP Morgan JPMorgan Chase thinks it has cracked the code...