IRS retirement plan limits aren’t affected by new tax law

The Internal Revenue Service said Tuesday that the Tax Cuts and Jobs Act of 2017 won’t affect the tax year 2018 dollar limitations for retirement plans the IRS had announced last year.


IRS overlooks fraudulent ITIN applications

The Internal Revenue Service’s processes for assigning Individual Taxpayer Identification Numbers don’t always manage to identify fraudulent or incomplete applications, according to a new report.


COSO drafts guidance for managing environmental risks

The Committee of Sponsoring Organizations of the Treadway Commission, in collaboration with the World Business Council for Sustainable Development, released draft guidance Wednesday for applying COSO’s enterprise risk management framework to environmental, social and governance risks.


Attrition and your 2018 revenue goals

Art Kuesel on how staying engaged with clients can be the difference between an ‘achievable’ goal and one that’s ‘out of whack.’


Sage to host a series of one-day events

The Sage Sessions will provide education, training and networking opportunities around North America.


ACCA opens registration for two new exams

The Association of Chartered Certified Accountants will offer the Strategic Business Leader and Reporting tests in September 2018.


Ex-teacher who mixed with mobsters blames tax scam on dead men

An ex-math teacher turned Marseilles piano-bar manager who claimed links to Corsica’s underworld allegedly spearheaded a 385 million-euro ($478 million) tax scam and spent part of the proceeds on Beverly Hills real estate.


Some truths about the GOP tax law

A practitioner dives into the details of the Tax Cuts and Jobs Act


Stock plunge would need to get much worse to derail economy

Monday’s stock-market plunge is unlikely by itself to make a significant dent in a U.S. economy that’s enjoying solid gains in spending and hiring, though it has the potential to rattle consumer sentiment, which soared after the November 2016 election.


IPSASB proposes new strategy for public sector accounting

The International Public Sector Accounting Standards Board has proposed a new strategy and work plan for 2019 through 2023.