Cryptocurrencies and taxes: A primer

Clients may face unexpected tax consequences from transactions with these digital assets.


Audit report changes are having a positive impact

Recent changes to international standards for audit reports have improved the quality of information that’s available to investors, and had a positive impact on wider elements of financial reporting, including governance and corporate reporting, according to a new report from the Association of Chartered Certified Accountants.


Block to offer clients credit scores and analysis

The tax prep chain has partnered with online lender LendingTree.


IRS more likely to question returns than taxpayers think: Block

Audits aren’t the only ways the service can put them on the spot, the tax prep chain warns.


Avalara offers inventory report for Amazon sellers

States are tightening up sales tax laws for online stores.


Deal reached on fixing ‘grain glitch’ in new tax law

Two trade groups representing farmer cooperatives and feed producers have reached an agreement to resolve a technical problem in the Tax Cuts and Jobs Act, with the support of Republican leaders in Congress who hope to include the provision within a larger appropriations bill.


Peek into Goldman’s black box charity reveals tech billionaires

Three of America’s most discreet billionaire philanthropists have emerged as the biggest donors to the Goldman Sachs Philanthropy Fund after the IRS accidentally revealed their identities.


New Jersey’s budget would raise taxes on almost everything

New Jersey Governor Phil Murphy proposed taxing online-room booking, ride-sharing, marijuana, e-cigarettes and internet transactions along with raising taxes on millionaires and retail sales to fund a record $37.4 billion budget that would boost spending on schools, pensions and mass transit.


In the blogs: Rough road for gas taxes

The blockchain gang; buying vs. leasing biz cars; real estate defined for Sec. 199A; and other highlights from our favorite tax bloggers.


Businesses get extension relief for winter storms

The IRS is allowing many companies extra time to file the income tax returns.