Tax Fraud Blotter: Nothing in return

Biofool; give and it hurts; low Priority; and other highlights of recent tax cases.


FASB moves to ease companies’ transition from LIBOR to SOFR

The standard-setter plans to offer accounting relief to companies that need to modify their contracts as banks move the global reference rates for loans and more.


IIRC CEO Richard Howitt steps down

Howitt led the group that has promoted integrated reporting for three years and promulgated the model worldwide.


Treasury narrows reach of foreign income levy to fix 2017 law

The Treasury Department has narrowed the reach of a new tax aimed at technology and pharmaceutical companies with overseas income, wiping out an unintended consequence of President Donald Trump’s 2017 tax overhaul.


Taxpayer advocate calls for IRS ‘anxiety index’ to help frustrated Americans

It’s official: Paying taxes can make you a stressed-out wreck.


Wayfair on its first anniversary

Some are celebrating the Supreme Court’s decision; many aren’t.


3 strategies for double-digit growth

The key is to focus on the firm’s top two tiers of clients, says Rainmaker Companies’ Adelaide Ness.


Firm leaders should spend up to half their time on change

Driving innovation in accounting requires serious commitment, according to consultant Rik Nemanick.


Thomson Reuters' new Checkpoint Edge is AI-powered

Thomson Reuters has radically revamped its mainstay tax research product, Checkpoint, with artificial intelligence.


Rainmaker names Withum ‘Innovative Firm of the Year'

The group also recognized a number of individual accountants for excellence.