FASB updates accounting for share-based payments

The Financial Accounting Standards Board hopes to improve the financial reporting for stock compensation.


Postcard-size 1040 tax form to be released next week

Treasury Secretary Steven Mnuchin said his department will be releasing a postcard-size Form 1040 next week, fulfilling one of the promises of last December’s tax overhaul.


Supreme Court’s Wayfair decision sidelines Quill

SCOTUS rules 5-4 to give states greater power to make out-of-state retailers collect online sales taxes.


ConvergenceCoaching names Spring Transformational Leadership Program graduates

The consulting firm recognized its most recent group of high-potential candidates who completed the one-year professional development program.


Former IRS agent convicted of filing false tax returns

An ex-employee with the Criminal Investigation unit was found guilty of obstruction of justice and stealing government money.


The impact of GILTI on foreign income

Here are the major considerations to keep in mind when developing future strategies that are affected by the tax code’s new provisions.


Retailers have one less excuse for woes with high court tax win

Chalk up another victory for brick-and-mortar retailers.


SEC’s Wesley Bricker sees management accountants as ‘expert historians,’ weighs in on revamped PCAOB

Wesley Bricker, chief accountant at the Securities and Exchange Commission’s Office of the Chief Accountant, told attendees at the Institute of Management Accountants’ annual conference in Indianapolis on Tuesday about the vital role he sees them playing in financial reporting.


U.K. companies said to face pre-Brexit tax bombshell from EU

The European Union is on course to hand dozens of U.K.-based companies a pre-Brexit tax bombshell, according to people familiar with a state-aid probe that could lead to bills exceeding 1 billion pounds ($1.3 billion.)


House GOP unveils budget to fast-track tax cuts, end Obamacare

House Republicans unveiled a 2019 budget proposal Tuesday to send a message to their core supporters that repealing Obamacare, cutting taxes and partially privatizing Medicare remain high on their agenda.