Eagle View launches site with tax resources

The e-filing service provider has posted a range of useful information for tax pros online.


Billionaire Wiese’s hold on Steinhoff weakens amid accounting scandal

Christo Wiese’s grip on his global furniture retailing empire is slipping after the South African billionaire resigned from the board of troubled Steinhoff International Holdings NV and creditors forced a sale of part of his stake.


Congress's tax bill keeps subsidies for private activity bonds

The final version of the tax bill struck by Congressional negotiators would continue to subsidize municipal bonds that help businesses to finance infrastructure projects such as airports and toll roads, dropping one provision that threatened to cut sales of tax-exempt debt by tens of billions of dollars starting next year.


D-Day hits for revenue recognition standard, and companies are scrambling

Two years ago, the Financial Accounting Standards Board decided to defer the effective date of the revenue recognition standard for a year until Dec. 15, 2017 for public companies to give them more time to adjust to the new standard and to work out some kinks in the far-reaching rules. The deferred effective date arrived Friday, and many companies still aren’t ready.


GOP tax plan's top rate of 37% said to hit earners at $600,000

Last-minute changes to the Republican tax bill contain an unpleasant surprise for married couples who make between $600,000 and $1 million: They won’t be getting as big a tax cut as lawmakers planned earlier.


Firms on the move: LBMC celebrates the season by ‘Lending Hands’

FASB appoints five to nonprofit advisory committee; Chunowitz, Teitelbaum & Mandel changes name and logo; and more news from CPA offices across the country.


People on the move: GT names digital strategy and innovation leader

BlumShapiro elects five new partners; Cherry Bekaert appoints Nashville MP; and other recent hires, promotions and personnel news from firms across the country.


Tax debate update: GOP bill to meet Rubio’s child credit demand

Congressional Republicans are scheduled to reveal final details of their agreed-upon tax-overhaul legislation Friday. It’s the culmination of a six-week legislative sprint designed to deliver a major policy victory for their party and President Donald Trump before year’s end. Here are the latest developments, updated throughout the day.


Tax Fraud Blotter: Name games

Lots of loot, lots of cars; figures that didn’t add up; Fast time; and other highlights of recent tax cases.


House Republicans propose delays for Obamacare health taxes

After failing this year to repeal and replace Obamacare, House Republicans are angling to put taxes that are part of the health law on hold.