Berdon merges in Koch Group and Company

The Top 100 Firm is expanding in New York.


IRS erroneously paid $152M in refundable tax credits

The Internal Revenue Service didn’t properly implement some provisions of the PATH Act aimed at reducing improper payments for refundable tax credits, instead allowing an estimated $152 million in credits, according to a new report.


Senate’s latest health bill boosts uninsured by 22 million

The Senate bill reduces the deficit by $420 billion, the CBO said, compared with the $321 billion in deficit reduction in an earlier version, giving Republican leaders additional money they can use to court holdout votes. Much of the increased funding comes from a decision to no longer cut taxes on the wealthy.


CalCPA hits membership record of 44,000

The California Society of CPAs has reached its highest population ever and plans more outreach to accounting students and minorities.


Alliantgroup expands STEM scholarships

The Houston firm will offer $50K in funds to Texas students pursuing the technical fields of study this fall.


Rootworks team launches client experience platform

Liscio offers client on-boarding, signature capture, client messaging, information requests and other front-stage capabilities.


Ex-Credit Suisse banker helps U.S. after tax guilty plea

A former Credit Suisse Group AG banker who pleaded guilty to conspiring to help Americans hide income and assets from the Internal Revenue Service is cooperating with U.S. prosecutors in a bid for the sort of leniency her former colleagues received.


It’s time for Positive File to curb tax fraud

An old banking procedure could add another layer of security to IRS return processing.


States gear up for sales tax holidays this summer

Retailers are hoping to entice back-to-school shoppers this summer.


House Democrats prod FASB to require country-by-country reporting

A group of 16 House Democrats has sent a letter to the Financial Accounting Standards Board asking it to require multinational companies to disclose more country-by-country reporting information in their public financial statements about where they pay taxes and book profits.