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The American Jobs Plan would take taxes on GILTI through the roof.

Sen. Ron Wyden has questions about why the company consistently loses money in the U.S. and doesn’t pay more in taxes.

This week’s finance ministers’ meeting may help lead to a broader deal in July or October.

Private wealth clients, hedge fund managers and cryptocurrency traders fleeing to Puerto Rico for its huge tax breaks — and to escape President Joe Biden’s proposed capital gains tax increases — are now the focus of a sweeping Internal Revenue Service review.

The Biden administration has proposed requiring the collection of data on foreign cryptocurrency investors active in the U.S., aiming to bolster international cooperation to help in a broader crackdown on tax evasion.

Employment in the private sector increased by 978,000 jobs last month, payroll giant ADP reported, as the economy slowly continues to recover from the COVID-19 pandemic.

The leading CPA financial planners with over $1 billion in assets under management

As companies come under increasing pressure to deal with climate change and diversity, their internal auditors are putting more emphasis on making sure environmental, social and governance reports are reliable.

The Illinois CPA Society awarded $104,500 in scholarships to 55 local accounting students as part of its annual Accounting Scholarship Program.

SAP has announced several new software offerings to enhance business processes, leveraging the cloud, data and artificial intelligence.