Financial who's who of the Paradise Papers

The UHNW world is jolted by unwanted offshore disclosures and prominent executives are finding themselves in an uncomfortable spotlight.


Everything you need to know about the Senate GOP tax proposal

Senate Republicans released their vision for a tax-cut plan Thursday that would cut the corporate tax rate to 20 percent, with a one-year delay to 2019, as Congress moves quickly to fulfill one of the GOP’s biggest and most long-awaited goals.


How to lose staff and alienate employees

Bad habits, policies and attitudes to get rid of to make sure firms aren’t driving away or missing out on talent.


Employer-sponsored charities can help employees affected by recent disasters

Hurricanes Harvey, Irma and Maria, and the recent wildfires in California have affected millions of people and led to an outpouring of charitable gifts and donations, including contributions from businesses with employees in the path of the disasters.


AICPA releases 2017 'Firm Gender Survey'

Research found that female leadership programs help businesses recruit and retain more talent.


House tax panel advances overhaul as GOP seeks vote next week

The House Ways and Means Committee approved revisions to the GOP tax legislation—changes that would trim the bill’s cost, putting it within the $1.5 trillion limit set by the congressional budget.


Revised House tax bill calls for higher repatriation rates

A sweeping amendment from the chairman of the House tax writing committee transformed key provisions of the GOP tax overhaul bill to boost the rate applied to companies’ offshore cash, tweak rules for pass-through businesses and restore the adoption credit, ahead of a full House vote that’s expected next week.


GASB proposes new guidance on majority equity interests for state and local governments

The Governmental Accounting Standards Board proposed guidance Thursday to clarify how to account for a state or local government’s majority equity interest in organizations that stay legally separate after the acquisition, such as a public hospital buying a rehabilitation center that remains legally separate.


Coinbase escalates showdown on U.S. tax probe as bitcoin surges

The 10,000 bitcoins that seven years ago famously paid for the delivery of two Papa John’s pizzas would be worth more than $74 million today.


One tax loophole untouched so far: the Trump golf-course break

Republican lawmakers pushing to close dozens of tax loopholes have left open one that’s been good to President Donald Trump: the golf break.