The Latest

According to recent news it appears advisory firms have started to increase their hiring efforts for seasoned restructuring professionals. This may signal a coming potential increase in bankruptcy filings. If so, fresh start reporting may once again become a critical issue.

The Internal Revenue Service has modified a policy it instituted earlier this year on not providing letter rulings or determination letters on certain tax questions related to distributions of stock of controlled corporations and will now provide them in two specific areas.

The Internal Revenue Service has released new guidance for taxpayers making certain elections and filing amended returns to take advantage of the tax extenders in last December’s PATH Act for bonus depreciation.

Anticipatory Organization nano learning program among the first to comply with new accounting CPE standards.

U.S. House conservatives are set to re-launch next month their effort to impeach Internal Revenue Service Commissioner John Koskinen, with or without Speaker Paul Ryan’s go-ahead.

Fresh from their record-breaking gold medals at the Rio Summer Olympics, swimmer Michael Phelps and gymnast Simone Biles will be speaking at Intuit’s QuickBooks Connect event in October.

Highlights of some of our favorite tax-related blogs from the past week.

7 questions to help protect your business clients

Nonprofit organizations and their accountants may want to adopt Financial Accounting Standards Board’s new standard for not-for-profits early before they have to begin adjusting to some of the other new standards coming out from FASB.

There’s probably no one “right” time for tax preparers to start a newsletter, but the end of summer might be an optimum time. Vacation memories are beginning to fade, and people are gearing up to get back into the real world of work, busy schedules and tax.