The Latest

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

CPA Ontario announced on Friday that Logan Joyce, of Kingston's Holy Cross Catholic Secondary School, placed first in the Chartered Professional Accountants of Ontario's 2016 COIN Competition. The organization held its annual competition on May 4 this year, which looks to give high school students considering a CPA career the opportunity to complete a 75-question, multiple-choice quiz.

The Internal Revenue Service did not resolve over 159,000 injured spouse cases in a timely way, resulting in the unnecessary payment of millions of dollars in interest, according to a new government report.

When K.E. Andrews suffered a ransomware attack, it not only lost valuable data, but about a week’s worth of work that had to be restored.

Perkins & Co, the largest locally owned accounting firm in Portland, Ore., plans to merge in Thompson Kessler Wiest & Borquist PC, a local boutique firm, on July 1.

Alexander Hamilton introduced the idea of federal taxes. Broadway producers enjoying a record season buoyed by his namesake musical are lobbying Congress to limit what they owe.

KPMG announced this week the launch of the KPMG Future Leaders Program - a new charitable initiative that looks to develop future women leaders. Also of note, KPMG announced that former Secretary of State Condoleezza Rice will serve as ambassador to the program.

A roundup of our favorite recent tax fraud cases.

The trustees of the IFRS Foundation have suggested a number of amendments to its constitution.

This year, for the first time ever, employers will begin receiving notices from the Federally Facilitated Marketplace indicating that one of their employees signed up for health coverage through the Marketplace and received advanced premium subsidies for that coverage.