Mazars USA CEO Victor Wahba shares how he learned to run an accounting firm.

Cars, jewelry and rent; former IRS agent gets 52 months; brothers in crime; and other highlights of recent tax cases.

But in a stroke, the Supreme Court also erased the decades-old physical presence test.

The changing revenue recognition and leasing rules are prompting various strategies to deal with them.

Bloomberg Tax has introduced an ASC 606 solution for its Advantage tax management system to help companies comply with the new revenue recognition standard.

Accountants can gain access to the company’s software at a discount, improving margins on value-added services at their firm.

The Financial Accounting Standards Board hopes to improve the financial reporting for stock compensation.

Treasury Secretary Steven Mnuchin said his department will be releasing a postcard-size Form 1040 next week, fulfilling one of the promises of last December’s tax overhaul.

SCOTUS rules 5-4 to give states greater power to make out-of-state retailers collect online sales taxes.

The consulting firm recognized its most recent group of high-potential candidates who completed the one-year professional development program.