The Latest

For a plan unlikely to become law anytime soon, Representative Dave Camp’s proposal to revamp the tax code is causing a lot of agitation among U.S. companies.

Koss’ new position comes a few weeks after he merged his practice with Warren Averett. The deal closed on Jan. 16, 2014.

Americans who have been evading taxes through Swiss bank accounts are being advised by tax lawyers to come forward before the Justice Department steps up its own pursuit in response to Senate critics.

(Bloomberg) Ernst & Young LLP was accused by the U.S. of failing to comply with an Internal Revenue Service request for documents in an investigation of the tax liability of the billionaire chairman of industrial-bearing maker Schaeffler AG.

Quite often in a CPA firm, the term “manager” gets lost in the shuffle of accountability.

Accounting firms are often overwhelmed with incoming paper and electronic documents – particularly at tax time.

The IRS has unveiled new depreciation deduction limitations for passenger automobiles (including trucks and vans) first placed in service during 2014.

Fewer retirees are expected to receive spousal or survivor benefits from Social Security and private employer-sponsored pension plans in the future, increasing their economic vulnerability, according to a new government report.

House Ways and Means Committee chairman Dave Camp, R-Mich., has released his long-awaited draft legislation on tax reform, to mixed reviews.

Digital tax preparation provider TaxACT has released the new donation-tracking Donation Assistant app, available for Android and iOS.