The Latest

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

The Internal Revenue Service has created a special procedure to let taxpayers whose property or funds were seized in a “legal source” structuring cases get their assets returned.

Along with establishing a good work ethic and building time and financial management skills, a summer job also means learning about the obligatory duty of paying taxes. Here are some tips for tax clients from Abigail Schaffer, a staff accountant at Kessler Orlean Silver & Co.

CohnReznick announced on Friday that through the CohnReznick Foundation and CohnReznick CARES initiative, the firm donated a grand total of $150,000 to the Special Operations Warrior Foundation (SOWF) and the Joe Torre Safe At Home Foundation for its 25th Anniversary Charity Golf Invitational, held June 13 at Liberty National Golf Club in Jersey City, N.J.

Today’s CFOs face a perfect storm of pressures.

The Internal Revenue Service has released new guidelines on how wrongfully incarcerated taxpayers can take advantage of a new retroactive exclusion from income for any civil damages, restitution or other monetary award that they received in connection with their incarceration.

Verizon released its ninth annual Data Breach Investigations Report last month, which reports on the major security breaches and methods used by hackers to compromise businesses and governmental organizations.

German Finance Minister Wolfgang Schaeuble said a fresh proposal for a 10-nation European financial transaction tax was a “small step” forward, though doubts remain that a deal can be reached.

The Massachusetts Society of Certified Public Accountants (MSCPA) launched their first part of a series on diversity Friday morning, aimed to teach its members on how to best recruit and retain a diverse workforce in accounting, the Society announced. Both accounting professionals and diversity experts were on hand to explain how diversity plays a crucial role during a panel discussion at PwC’s Seaport office.

Nav, which provides free access to personal and business credit scores, has released the Nav Small Business Advisor Program.