Changes coming in GILTI rules

The Internal Revenue Service and the Treasury Department issued a notice saying they intend to issue regulations for determining global intangible low-taxed income.


PCAOB offers guidance on new auditing estimates and specialist requirements

The Public Company Accounting Oversight Board issued four documents explaining the new rules.


FASB proposal to delay accounting standards could cause headaches for investors

Moody’s Investors Service is objecting to a proposal from the Financial Accounting Standards Board to defer the effective dates of its leases, hedging and credit loss standards for private companies and small public companies.


TaxCloud releases integrations for QuickBooks Online and eBay

Now eBay marketplace sellers and users of QBO can connect to TaxCloud to manage U.S. tax obligations.


What’s on your reading list?

Thought leaders Tom Hood and Bill Sheridan share their favorite books so far of 2019.


New IRS impersonation scam spreading by email

Criminals are sending unsolicited emails with subject lines like “Automatic Income Tax Reminder” or “Electronic Tax Return Reminder” that appear to come from the IRS.


Tax Fraud Blotter: Fabricated numbers

Some advantage; Justice done; everyone needs a hobby; and other highlights of recent tax cases.


AICPA proposes auditing standard to encourage professional skepticism

The move comes amid worries that firms are letting their clients off the hook too readily.


Better client meetings: Two essential kickoff questions

Client meetings can be a colossal drain of your time — and your client’s time — if you don’t have a game plan before sitting down with them.


FASAB releases interpretation of cleanup cost liabilities standard

The Federal Accounting Standards Advisory Board has issued an interpretation of some recent standards involving cost provisions among multiple entities who are liable for cleanup costs.