The Latest

PricewaterhouseCoopers has released a quick overview of the Financial Accounting Standards Board’s lease accounting standard.

The Organization for Economic Co-operation and Development issued last October the final Base Erosion and Profit Shifting reports that are expected to fundamentally change the course of international taxation and transfer pricing for all multinational enterprises.

eCommerce has greatly overtaken brick-and-mortar retailing, and very small companies are engaged in multinational business with complex accounting and management information system requirements.

The Internal Revenue Service unveiled a new procedure Wednesday to help people who accidentally miss the 60-day time limit for rolling over their retirement plan distributions into another qualified retirement plan or individual retirement account.

The CPA Consultants’ Alliance has appointed Bonnie Buol Ruszczyk of bbr marketing as the group’s new Marketing Chair and Carrie Steffen of the Whetstone Group as the new Deliverables Chair.

The Public Company Accounting Oversight Board has inked a cooperative agreement with the German Auditor Oversight Body, a new regulator for audit firms in Germany.

National Taxpayer Advocate Nina Olson has posted responses from the Internal Revenue Service to her recommendations for improving taxpayer service, along with papers delivered by presenters at an international conference her office convened last November on taxpayer rights.

Every year, Xero recognizes app, bookkeeping and accounting partners that have performed well the previous year. These are the 2016 award winners.

For years, the biggest nations have tried to outsmart tax dodgers and reclaim trillions of dollars stashed in offshore accounts. Many of them are tired of waiting and now just want to make peace and bring some of the money back home.

Republican Donald Trump is proposing a big tax cut for companies like Apple Inc., which would see its tax rate slashed on about $200 billion of profit it keeps offshore.