Filing relief granted for California fires, Iowa storms

The IRS is extending filing and payment deadlines for the victims of recent disasters.

Filing relief granted for California fires, Iowa storms


Billionaire Robert Smith fighting U.S. criminal tax inquiry

The matter hinges largely on whether Smith was actually the beneficial owner of Caribbean entities that received proceeds from his company’s first private equity fund, according to people familiar with the case.

Billionaire Robert Smith fighting U.S. criminal tax inquiry


Election 2020: Trump vs. Biden on corporate tax policy

Top 10 Firm Crowe has put together an at-a-glance guide to the candidates’ positions on corporate taxes.

Election 2020: Trump vs. Biden on corporate tax policy


Deadline nears to return IRA RMDs

The IRS is reminding taxpayers about the CARES Act’s waiver of required minimum distributions for 2020.

Deadline nears to return IRA RMDs


Embark expands despite pandemic

The Dallas-based advisory and consulting firm has expanded to Phoenix and Salt Lake City this year.

Embark expands despite pandemic


IRS rolling back penalties on some employers who didn’t deposit enough taxes

The Internal Revenue Service plans to correct penalties mistakenly levied on employers who reduced their tax deposits because they expected to claim some of the new tax credits to which they’re entitled.

IRS rolling back penalties on some employers who didn’t deposit enough taxes


IRS revamps procedures for litigating taxpayer disputes, curbing appeals

The Internal Revenue Service limited taxpayers’ ability to resolve their tax cases directly with the IRS’s Independent Office of Appeals in a memorandum Monday.

IRS revamps procedures for litigating taxpayer disputes, curbing appeals


The rise of cybercrime in the accounting profession continues

The pandemic amplifies cybersecurity concerns for CPAs.

The rise of cybercrime in the accounting profession continues


IRS 2020 draft 1040 puts crypto question front and center

Taxation and regulation are steps toward further legitimizing cryptocurrency.

IRS 2020 draft 1040 puts crypto question front and center


Art of Accounting: Retreats for one- or two-owner practices

I am a strong proponent of partner retreats and offsite meetings.

Art of Accounting: Retreats for one- or two-owner practices