In the blogs: GILTI as charged

Open for business; new challenges for small biz; football-related tax tips; and other highlights from our favorite tax bloggers.


Global tax advisory services revenue grows to $20B, up $5B in 3 years

Tax advisory revenue at professional services firms expanded 8.6 percent to $20.3 billion in 2017, and grew by around $5 billion in just the three years from 2014 to 2017, according to a new report.


Mergers are fun – and then the real work begins

The first installment of a manual for repairing broken M&A.


Art of Accounting: Free checklists for tax season

The IRS is back open for business and here are some handy resources to help clients with their taxes.


Tax season opens with shutdown over

The Internal Revenue Service began accepting returns Monday, with employees returning to work after a 35-day partial government shutdown.


Gucci owner owes $1.6B in taxes, Italy audit finds

Kering SA, the French owner of the luxury brand, owes about 1.4 billion euros to Italy in back taxes.


The eternal question: What are a taxpayer's chances of an IRS audit?

IRS data provides all the information needed to figure out the answer.


Canopy to begin beta testing professional tax prep software

The provider of cloud-based practice management software for tax pros and accountants will be launching tax prep software for next tax season.


Sales and use taxes drove biggest state tax shifts in 2018

A study finds the area accounted for a revenue increase of $847.1 million.


Private tax agencies collected just 2% on tax debts

The private firms that contract with the Internal Revenue Service to collect overdue tax debts fell short, according to a new TIGTA report.