IRS considers relief for corporations from double taxation for repatriation

The Internal Revenue Service said it may provide relief from double taxation in some circumstances to corporations because of the repatriation tax under the Tax Cuts and Jobs Act.

IRS considers relief for corporations from double taxation for repatriation


IRS to restore some sequestered funds

Less than a thousand businesses were affected by an OMB determination involving the refundable corporate minimum tax credit.

IRS to restore some sequestered funds


Firms on the move: Boyer & Ritter constructs can sculptures to benefit local food bank

Baker Newman Noyes and Aronson cut ribbons on new offices; Sweeney Conrad celebrates 40 years; and more CPA news.

Firms on the move: Boyer & Ritter constructs can sculptures to benefit local food bank


Transforming accounting partners into marketing advocates

Marketing directors and partners at accounting firms share the same goal: advancing the firm’s brand and helping it achieve specific growth and profitability targets.

Transforming accounting partners into marketing advocates


People on the move: DHG appoints senior manager of inclusion and diversity

Aprio promotes a dozen to partner and director; Mathieson, Moyski, Austin & Co. hires first firm administrator; and more personnel news.

People on the move: DHG appoints senior manager of inclusion and diversity


Trump tax cut hands $32B windfall to America’s top banks

Savings for the top six U.S. banks from President Donald Trump’s signature tax overhaul accelerated last year, now topping $32 billion as the lenders curbed new borrowing, pared jobs and ramped up payouts to shareholders.

Trump tax cut hands B windfall to America’s top banks


International accounting groups call for better sustainable development disclosures

A group of international accounting organizations is calling for improved reporting and action on the UN’s Sustainable Development Goals to hit the ambitious goals set for 2030.

International accounting groups call for better sustainable development disclosures


Intuit names new VP and GM of ProConnect group

Barry Pennett has been named to the new role of vice president and general manager of Intuit’s ProConnect Group, just in time for tax season.

Intuit names new VP and GM of ProConnect group


The millionaires who actually want to pay more in taxes

They call themselves the Patriotic Millionaires, and they say with straight faces it’s time the ultra-affluent kick in more to Uncle Sam.

The millionaires who actually want to pay more in taxes


Tax season is coming and it might be as chaotic as last year

Filing taxes last year was a nightmare for taxpayers, their accountants and the Internal Revenue Service. This year might not be much better.

Tax season is coming and it might be as chaotic as last year