The Latest

Jamie Fowler has been named office managing partner at Grant Thornton LLP’s Mid-Atlantic practice. She will oversee the growth and operations of the Top 100 firm’s Baltimore and McLean, Va., offices.

Pfizer Inc. has approached Actavis Plc about a deal that could allow the U.S. drugmaker to move its address overseas and reduce taxes, in a sign the Obama administration’s efforts to curtail inversions might fall short.

The second public meeting of the President’s Advisory Council on Financial Capability for Young Americans (“the Council”) will be held on Thursday, October 2, 2014, from 9:00am - 11:30am EDT, on site at the US Department of the Treasury in Washington, D.C.

The Internal Revenue Service has issued new draft instructions, notices and a publication to help taxpayers and tax practitioners deal with the Affordable Care Act.

Wolters Kluwer Audit, Risk and Compliance announced a new data analysis tool set will be integrated in its TeamMate Audit Management System.

Twenty years ago, a Central Withholding Agreement could easily be negotiated via a phone call and follow-up letter to a designated Internal Revenue Service agent. Today, that’s not the case.

Expanding businesses into new markets brings with it a slew of new factors to consider: globalization, digitization, and company culture, to name a few. Recognizing these obstacles, the American Institute of CPAs (AICPA) and the Chartered Institute of Management Accountants (CIMA) have released Chartered Global Management Accountant (CGMA) reports entitled Rethinking the Value Chain, a series designed to help businesses reevaluate opportunities in emerging markets and strengthen their value chains.

The vast majority of fraudulent activity on travel and expense reports can be attributed to just 5 percent of employees, according to a new report.

Top 100 firm Friedman LLP will integrate Executive Sounding Board Associates LLC into its firm. The pairing of the business consulting, turnaround management, restructuring and crisis management practice firm will go into effect on Jan. 1, 2015.

The Treasury Department’s new steps to curb the tide of corporate inversion deals and the Organization of Economic Cooperation and Development’s recently released recommendations aimed at combating tax base erosion and profit shifting signal increasing momentum in the battle to prevent corporate tax revenues from eroding.