IRS details new reporting requirements for life insurance

The Internal Revenue Service spelled out new information reporting requirements Thursday for some life insurance contracts required under the recently enacted Tax Cuts and Jobs Act.


HBKS buys stake in K·Coe Wealth

A pair of Top 100 Firms are partnering on wealth management, with HBK CPAs & Consultants’ affiliate HBKS Wealth Advisors acquiring a minority stake in K·Coe Issom LLP’s subsidiary K·Coe Wealth Management LLC.


DHG holds '#MeToo' discussion for staff and firm leaders

Top 100 firm Dixon Hughes Goodman held a live broadcast from their North Carolina headquarters last month to tackle harassment and bias in the workplace.


Mixed reactions to #MeToo in accounting

Accountants aren’t sure the campaign against harassment will have an impact – and many don’t think it should.


Building trust by adding outside directors at KPMG

KPMG U.S. Chairman and CEO Lynne Doughtie explains why the Big Four firm is bringing external directors to its board.


Apple takes next step toward paying EU €13B tax demand

The iPhone maker will start transferring billions of euros to Ireland within months, after reaching a deal on an account to hold the cash while it fights a European tax case.


Verizon’s $4B tax break nearly covers its Yahoo purchase

Last year’s federal tax overhaul saved the largest U.S. wireless carrier an amount nearly equal to the $4.5 billion it paid for the internet pioneer in June.


Scammers impersonate IRS Taxpayer Assistance Centers

In a new twist on an old scam, fraudsters are spoofing legitimate IRS phone numbers to demand payment on nonexistent bills.


In the blogs: Time off, and other foreign concepts

Spending refunds; states are scrambling; avoiding regulations; and other highlights from our favorite tax bloggers.


PCAOB’s new board looks for feedback on future strategy

The survey asks for input on the future direction of the auditing overseer.