Zapped; drug deals; doing the deduction shuffle; and other highlights of recent tax cases.

The Republican and Democratic leaders of the Senate Finance Committee, chairman Chuck Grassley, R-Iowa, and ranking member Ron Wyden, D-Ore., are asking the Internal Revenue Service to crack down on the people involved in the recent college admissions scandal.

Issues new and old will be a focus at the federal, state and local levels.

The new tax law and the 35-day shutdown had an impact on the agency, but it still managed to process over 59 million returns by mid-season.

CFGI acquires Pine Hill Group; Sax Wealth Advisors adds Stuart B. Hermann, CFP, CPA; and Mauldin & Jenkins acquires Jon Campbell & Associates.

Top 100 Firm CohnReznick said Thursday that its former chairman and CEO, Ken Baggett, has died.

A new report from CPA Mutual details its member firms’ most common human resources concerns over the last year.

David Knoch, the president of 1st Global, is getting ready for the close of the acquisition of his financial advisory firm by Blucora, the parent company of HD Vest, and is making plans for aligning with a former rival.

Remember back in early 2016 when Donald Trump, who was still regarded as something of a long shot for the presidency, promised he would disclose his tax returns publicly — just like every other candidate had done voluntarily since 1973?

The Financial Accounting Standards Board has made two decisions that will limit changes to the CECL standard ahead of implementation.