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Most clients who utilize accounting firms to prepare their tax returns make charitable contributions. Many do so in a tax-efficient manner by donating appreciated securities directly to charities or utilizing donor-advised funds through which they make their grants.

The AICPA requested on Monday that the IRS extend the deadline for submitting comments on Notice 2016-23, which requests responses to a series of specific questions related to the new centralized partnership audit regime established by the Bipartisan Budget Act of 2015, P.L. 114-74.

WalletHub has released its annual report on the states with the highest and lowest tax rates in the country.

The operator of an Atlantic City, N.J.-based tax preparation business has pleaded guilty to filing false claims with government.

Many Americans are willing to delay receiving their tax refunds for up to two months if it would provide the IRS time to combat identity fraud, according to a new survey.

Foreign bank account report filings surpassed the 1 million mark last year, up more than 8 percent from 2014, the Internal Revenue Service reported Tuesday.

Sustainability presents an opportunity for you to get in on the ground floor of what could become a hot area for additional revenues.

The Tax Court agreed with the Internal Revenue Service in disallowing an attorney’s attempt to write off her family’s travel costs as an expense for some books she wrote.

A group from BerryDunn recently participated in the fourth annual WinterKids Downhill 24, a 24-hour team ski race at Sugarloaf ski resort in Carrabassett Valley, Maine. Proceeds from the event were donated to WinterKids, a Maine-based nonprofit that helps kids develop healthy habits through outdoor winter activities.

Lee Klumpp of BDO USA talks in this video about the reaction to FASB's proposed changes in accounting standards for nonprofit organizations and some of the changes likely to be in the final standards.