The Latest

Repositioning real estate; state-level changes; the future of prep; and other highlights from our favorite tax bloggers.

Bloomberg Tax and Paychex have updated their technology to take into account the sweeping changes in the Tax Cuts and Jobs Act.

The Internal Revenue Service is warning taxpayers who owe more than $51,000 in tax debts they could have their passport applications or renewals denied unless they pay up.

RSM reported its international network of accounting firms broke through the $5 billion mark in annual revenue globally.

Cherry Bekaert LLP, a Top 100 Firm, has expanded its state and local tax practice by acquiring Windward Tax LLC in Alpharetta, Ga., effective Dec. 31, 2017.

RubinBrown LLP, a Top 100 Firm, has merged in Goltermann & Associates, expanding the firm’s wealth advisory service in St. Louis, effective Jan. 1, 2018.

The Supreme Court may be on the verge of tidying up an issue that has vexed states since the beginning of online sales—the attempt to collect tax on the sales by remote sellers into their states.

As much as it will change the profession, the new technology offers tremendous opportunities for accountants. according to Ron Quaranta and Erik Asgeirsson.

Prager Metis CPAs LLC has merged in Geibelson, Young & Company, expanding the New York-based Top 100 Firm’s presence in California with a firm that caters to the entertainment industry, effective Jan. 1, 2018.

Marks Paneth LLP, a Top 100 Firm, has added Buck, Sturmer & Co., effective Jan. 1, 2018.