IRS to propose rules on market discount for bonds

The Internal Revenue Service and the Treasury Department intend to issue proposed regulations providing that the market discount on a bond isn’t includible in income, according to a section of the new tax law.


Tax Fraud Blotter: Fast, quick and guilty

Services, stock, shenanigans; fuel for fraud; Mo’ plea; and other highlights of recent tax cases.


Congress probes IRS online authentication efforts

The House Ways and Means Oversight Subcommittee held a hearing Wednesday on the Internal Revenue Service’s online taxpayer authentication efforts after a string of security breaches in recent years.


The link between strategy and winning on value

There is a wide chasm between talking about value and making your firm a value-based-firm.


IRS updates per diem rates for business travel expenses

The Internal Revenue Service issued its annual notice Wednesday describing the daily rates that taxpayers can use for lodging, meals and other expenses when traveling for business.


IMA ramps up diversity efforts for accountants

The Institute of Management Accountants is working to encourage more inclusiveness in the profession.


Cloud for the tax function: Governance, security and integration

Tax departments are now ideally positioned to consider and apply several hard-earned cloud-adoption lessons.


TurboTax Live seeks tax professionals for 2018 tax season

Intuit is now looking for credentialed tax experts including CPAs, enrolled agents (EAs) and practicing attorneys to work through the 2018 tax season.


Danske auditors in crosshairs for missing dirty money clues

As multiple investigations into Danske Bank A/S get under way, Denmark’s government wants to know why the bank’s auditors appear to have missed signs that one of Europe’s biggest money laundering scandals was unfolding in front of them.


October is National Cybersecurity Awareness Month

The AICPA will share strategies for accountants.