IRS scales back Coinbase investigation

The Internal Revenue Service has decided to limit its probe of Coinbase users to those who engaged in transactions of $20,000 or more, according to a court filing.


Baker School of Business announces new accounting program

The Citadel in South Carolina will allow cadets to major in the field of study beginning this fall.


Google faces $1.3B French ruling amid ‘tax populism’

Google will find out this week if it owes 1.12 billion euros ($1.3 billion) in back taxes to France, just days after it was slapped with a record antitrust fine by the European Union.


Timeline for Trump’s tax plan gets new end-of-July milestone

President Donald Trump’s top legislative aide said White House officials hope to have a unified plan for overhauling the U.S. tax code in place before Congress leaves Washington in August for a month-long recess—adding a new element to an already complicated timeline.


TaxJar debuts automated 50-state sales tax filing software

The company offers a guarantee that the filings will be made on time — or it’s free.


Art of Accounting: New Withum partners prove what I strongly recommend

I have long advocated hiring entry-level people rather than those with two or three years’ experience.


Students volunteer with UHY

The firm’s summer “Connect” program saw prospective CPAs donate their time across the country.


Senate health bill fails to pick up support after week of recess

Senate Republican leaders head into a difficult fight this week to win support for their health-care legislation and tax changes after returning from a recess where some GOP lawmakers fielded angry complaints from constituents about the measure.


Mnuchin dismisses idea of 40 percent top tax rate for the rich

The White House is “absolutely committed” to getting its tax overhaul proposal through Congress by the end of the year—and that plan won’t include a 40 percent tax rate for the richest Americans, Treasury Secretary Steven Mnuchin said.


Tax rule aimed at corporate ‘earnings stripping’ gets review

A federal rule aimed at limiting corporate “earnings stripping’’ for tax-avoidance purposes may pose an undue burden on taxpayers and may be changed or rescinded, according to an Internal Revenue Service notice.