IRS more likely to question returns than taxpayers think: Block

Audits aren’t the only ways the service can put them on the spot, the tax prep chain warns.


Avalara offers inventory report for Amazon sellers

States are tightening up sales tax laws for online stores.


Deal reached on fixing ‘grain glitch’ in new tax law

Two trade groups representing farmer cooperatives and feed producers have reached an agreement to resolve a technical problem in the Tax Cuts and Jobs Act, with the support of Republican leaders in Congress who hope to include the provision within a larger appropriations bill.


Peek into Goldman’s black box charity reveals tech billionaires

Three of America’s most discreet billionaire philanthropists have emerged as the biggest donors to the Goldman Sachs Philanthropy Fund after the IRS accidentally revealed their identities.


New Jersey’s budget would raise taxes on almost everything

New Jersey Governor Phil Murphy proposed taxing online-room booking, ride-sharing, marijuana, e-cigarettes and internet transactions along with raising taxes on millionaires and retail sales to fund a record $37.4 billion budget that would boost spending on schools, pensions and mass transit.


In the blogs: Rough road for gas taxes

The blockchain gang; buying vs. leasing biz cars; real estate defined for Sec. 199A; and other highlights from our favorite tax bloggers.


Businesses get extension relief for winter storms

The IRS is allowing many companies extra time to file the income tax returns.


IIA and Grant Thornton release book on data analytics for internal auditors

The Institute of Internal Auditors and Grant Thornton have published a new book on using data analytics within the internal audit function.


The mounting migration to standardization

As organizations gravitate away from highly customized legacy accounting systems and many systems arrive at their end-of-life, there are some best practices firms should follow to embrace the agility of an open platform.


Internal audit profession making tech advances

Internal auditors are getting more involved in technology initiatives like cybersecurity and data analytics, according to several new reports.