Opportunity zone fever spreads as debate over tax break deepens
There’s no lack of optimism among officials who hope to jump-start local economies, thanks to a provision in the Tax Cuts and Jobs Act.
Closed minds: What clients say about the government shutdown
One common question: ‘Do I still have to pay?’ (Yes.)
Big tax break for business owners at risk as shutdown drags on
The longest government shutdown in U.S. history could cause tens of thousands of businesses to make a tough choice.
Tax season could still be ‘ugly’ as 57% of IRS workers to return
Americans may get their refunds during the shutdown, but the upcoming filing season is likely to be one of the rockiest in decades.
Has your firm become a ‘nothing burger’?
There was a time when generic accounting, auditing and tax services had significant value, but the business world has changed.
Over half of IRS staff called back for tax season, mostly without pay
The Treasury released a revised shutdown contingency plan that recalls more than 46,000 agency employees.
IRS guidance on nonprofit excise taxes leaves questions unanswered
The recently issued notice on a provision of the Tax Cuts and Jobs Act will have some organizations wondering what to do.
Strategic Professional pass rates up for ACCA exam
The December 2018 sitting for the Association of Chartered Certified Accountants exam saw improved performances in its future-forward Strategic Professional sections, which debuted this past September.
IRS reopens income verification service despite shutdown
The IVES program employed by mortgage lenders is back up and running, with user fees helping pay the salaries of IRS employees working in the unit.