Category: NYT Accounting News

Understanding these updates is critical in guiding the tens of millions of LLCs, closely held businesses, and other small-business clients through the complexities of beneficial ownership compliance.

Tax targets; getting creative; one SALT workaround; and other highlights from our favorite tax bloggers.

Landmark CPAs merges in Garland & Greenwood CPAs; and Forvis Mazars completes acquisition of ConTech360.

Ireland just landed a challenge most countries would envy: how to spend an almost €13.8 billion ($15.2 billion) windfall that Apple Inc. was ordered to pay in taxes by the European Union’s top court.

The Eleventh Circuit splits with the First Circuit and reduces an FBAR penalty under the Constitution’s Excessive Fines Clause.

The Public Company Accounting Oversight Board staff released a report Monday on last year’s banking crisis.

The SEC approved the PCAOB’s QC 1000, which will require firms to identify risks to their practice and design quality control systems that can safeguard against those risks.

The Internal Revenue Service is more diverse than many workplaces, but more can be done, especially in the upper echelons, according to a new report.

The handoff of a company carries important tax implications alongside a plethora of succession challenges. Here’s what financial advisors need to talk about with clients.

In the first half year of Inflation Reduction Act-funded enforcement, the Internal Revenue Service has recovered over $1.3 billion.