U.K. watchdog probes Ernst & Young audit of NMC Health

The U.K.’s Financial Reporting Council has opened an investigation into Ernst & Young LLP’s auditing of NMC Health Plc, the Middle Eastern hospital operator facing fraud allegations.

U.K. watchdog probes Ernst & Young audit of NMC Health


Tax-avoidance case, suits against IRS get Supreme Court review

The U.S. Supreme Court agreed to review a ruling that critics say would give the Treasury Department and Internal Revenue Service a sweeping shield from challenges to their regulations.

Tax-avoidance case, suits against IRS get Supreme Court review


BF Borgers tops list of new SEC clients again

EY leads among the largest auditors in the first quarter of 2020.

BF Borgers tops list of new SEC clients again


12 questions to ask in firm M&A post-coronavirus

The lingering effects of the pandemic will require greater scrutiny of some issues.

12 questions to ask in firm M&A post-coronavirus


Employee expense reports evolving during coronavirus pandemic

Hotel and airline cancellation charges are giving way to more requests for work-from-home items.

Employee expense reports evolving during coronavirus pandemic


People & firms on the move: Herbein launches 'Helpers' program in response to coronavirus

NJCPA Scholarship Fund grants $380K in scholarships; Janover launches charitable Helping Hands Committee; and more CPA news.

People & firms on the move: Herbein launches 'Helpers' program in response to coronavirus


Trump pursues payroll tax cut as GOP, Democrats look elsewhere

A big cut in the payroll tax is high on President Donald Trump’s wish list for the next coronavirus response bill, but the idea is getting the brushoff from newly cost-conscious Republicans and Democrats who would rather send aid to people who aren’t getting a paycheck.

Trump pursues payroll tax cut as GOP, Democrats look elsewhere


Rich Americans seize historic chance to pass on wealth tax-free

Rich Americans are taking advantage of an unprecedented opportunity, made possible by the coronavirus pandemic, to transfer money to their children and grandchildren tax-free.

Rich Americans seize historic chance to pass on wealth tax-free


IRS denies deductions for forgiven paycheck protection loans

Small businesses that manage to get their Paycheck Protection Program loans forgiven may find themselves losing valuable tax breaks, according to new guidance from the Internal Revenue Service.

IRS denies deductions for forgiven paycheck protection loans


How will clients feel after the pandemic is over?

What Maya Angelou can teach us about client communication.

How will clients feel after the pandemic is over?