Diversity steadily increasing across tax profession, report finds

New data from TaxTalent found an uptick in diverse students, but little change in firm leadership.


KPMG sees global revenues reach $26.4B

KPMG International reported Thursday its worldwide revenue grew 5 percent in local currency terms to a record level of $26.4 billion the fiscal year ending Sept. 30, 2017.


Trump to bring families to White House to make case for tax bill

President Donald Trump will bring five American families to the White House to show how they would benefit from his tax overhaul Wednesday in a speech aides said would amount to a closing argument for the legislation.


Tax debate update: Senate No. 2 leader says deal is ‘very close’

President Trump plans to make what his staff members called a “closing argument” for tax-overhaul legislation Wednesday as congressional Republicans consider last-minute revisions to key provisions. Here are the latest developments, updated throughout the day.


Charting a course for pass-throughs in tax reform

Business owners and their advisors need to start thinking through what tax reform may mean for their corporate structure.


Facebook to pay taxes locally, instead of through Ireland

Facebook Inc. is changing its tax structure so that it will pay taxes in the country where sales are made, rather than funneling everything through its Irish subsidiary.


House’s Brady signals tax bill may ease curbs on muni-bond sales

Lawmakers are re-examining a provision that would roll back subsidies for a big chunk of the municipal-bond market beginning next year, according to House Ways and Means Chairman Kevin Brady.


SEC names new PCAOB chairman and members

The Securities and Exchange Commission has appointed William Duhnke to succeed James Doty at the Public Company Accounting Oversight Board.


Going cashless: Should small business clients do it?

Here’s an overview of how going internally cashless might benefit (or hurt) your clients and a few talking points you can offer if they ask for your insight.


In the blogs: Roadblocks and monstrosities

Bitcoin’s gains and competition; deducting your holiday party; taxing research; and other highlights from our favorite tax bloggers.