Bill Reeb elected new chair of AICPA

The American Institute of CPAs announced that Reeb will serve a one-year, volunteer post with Tracey Golden, an audit partner with Deloitte, serving as vice chair.


KPMG names 2019 'Professor-in-Residence'

The Big Four firm announced that University of Kentucky professor Jeff Payne will be the fourth academic to oversee audit education and research.


U.S. business contributes smallest share of taxes in generation

U.S. corporations are contributing the smallest share of federal tax revenue in a generation.


Eide Bailly merges in Vavrinek, Trine, Day & Company

Eide Bailly is adding another Top 100 Firm, Vavrinek, Trine, Day & Company, expanding Eide Bailly to California, effective July 22, 2019.


‘Cross-border royal baby tax compliance’

A recent court decision on FBAR penalties could impact the tax reporting of the newest member of the British royal family.


E-services, e-filing down over Memorial Day

Some IRS systems will be unavailable from midnight on May 24 through 7 a.m. on May 28.


IRS LB&I sharpens compliance detection

A new use of data analytics aims to improve how the service identifies large companies, and risky returns.


Democrats closer to seeing Trump finance records with ruling

A Democrat-led House committee moved a step closer to reviewing President Donald Trump’s tax information after a federal judge ruled U.S. lawmakers have the power to demand records from his accounting firm, Mazars USA LLP.


Super-rich Americans aren’t getting audited as much, new IRS data show

The chances of an IRS audit for people making at least $10 million a year plunged during the government’s last fiscal year, according to data released on Monday.


Art of Accounting: Post tax season practice corrections

The more of what you do that seems like drudgery, the less fun you will have.