Verizon’s $4B tax break nearly covers its Yahoo purchase

Last year’s federal tax overhaul saved the largest U.S. wireless carrier an amount nearly equal to the $4.5 billion it paid for the internet pioneer in June.


Scammers impersonate IRS Taxpayer Assistance Centers

In a new twist on an old scam, fraudsters are spoofing legitimate IRS phone numbers to demand payment on nonexistent bills.


In the blogs: Time off, and other foreign concepts

Spending refunds; states are scrambling; avoiding regulations; and other highlights from our favorite tax bloggers.


PCAOB’s new board looks for feedback on future strategy

The survey asks for input on the future direction of the auditing overseer.


AccountantsWorld offers webinars with AT’s Most Influential People

AccountantsWorld has expanded its Expert Webinar Series this year, featuring 16 industry leaders, including a dozen of the Top 100 Most Influential People named by Accounting Today.


Lawmakers demand explanation for IRS’s Tax Day computer crash

A group of lawmakers on the House Ways and Means Oversight Subcommittee are asking the Internal Revenue Service’s acting commissioner, David Kautter, to explain why the IRS’s systems crash occurred on Tax Day, April 17.


Vertex creates integration for SAP Ariba

The tax software will work in conjunction with the suite of procurement and supply chain management solutions.


Millionaire pass-through breaks are slammed by Senate Democrat

A Senate hearing Tuesday indicated the politics of the tax overhaul haven’t changed since it passed in December, with Republicans singing its praises as an economist booster and Democrats torching it as a broken promise that mostly benefits the wealthiest.


Under new tax law the question is, to be or not to be a REIT?

The sturdy, reliable real estate investment trust is facing an existential choice.


CAQ and AAA support 3 academic auditing projects

The Center for Audit Quality and the Auditing Section of the American Accounting Association have picked three more entries as part of their Access to Audit Personnel Program.