Top five TCJA tax planning opportunities for individuals in 2018

As we enter into the tax planning stage of the year, the focus shifts to helping clients understand the impact of the Tax Cuts and Jobs Act and optimize their tax positions.


SOX compliance costs rising thanks to rev rec standard

Compliance hours and costs for the Sarbanes-Oxley Act have risen in the past year for many companies, in part due to the new revenue recognition standard, according to a new survey.


Bankers, celebrities sue over film deals turned tax avoidance

Bankers, athletes and celebrities are suing Ingenious Media Holdings Plc, saying that they were misled about investments in the film industry that were later branded tax avoidance by the U.K. government.


The flawed economics of admitting new partners

New methods of allocation value in the firm may help overcome hurdles in expanding a partnership.


The once and future audit

The AICPA’s Chuck Landes looks both back and ahead to track where this core service has been — and where it’s going.


Marcum merges in Yarlas, Kaplan, Santilli, Moran

The New York-based Top 100 Firm has expanded its New England presence by adding a firm in Rhode Island.


Bitcoin investing is creating tax predicaments for hedge funds

Dozens of hedge funds investing billions of dollars in cryptocurrencies don’t know if they’re calculating their taxes correctly, which may be a problem now that U.S. authorities have said they’re going to be scrutinizing virtual currencies.


AppZen adds AI-run expense reimbursement to audit platform

Insights allows finance managers to monitor and review team spend without manual intervention.


Wells Fargo tests investor patience with new tax credit scandal details

Wells Fargo & Co. investors who were learning to live with an unprecedented penalty the Federal Reserve imposed for bad behavior will have their patience tested again as details emerge on another scandal.


AICPA wants IRS to clarify S corp issues from new tax law

The American Institute of CPAs requested immediate guidance Monday from the Internal Revenue Service and the Treasury Department on various provisions of the Tax Cuts and Jobs Act related to S corporations.