Latest Articles

February 20, 2022 

In October 2021, PwC announced the sale of its global mobility tax and immigration services business to Clayton, Dubilier & Rice (CD&R) funds. Upon deal close, which is expected in the second quarter of 2022, the business will become an independent ...

February 20, 2022 

The latest phishing email uses the IRS logo and a variety of subject lines such as "Action Required: Your account has now been put on hold.” The IRS has observed similar bogus emails that claim to be from a “tax preparation application provider.”

Isaac M. O'Bannon

February 20, 2022 

A company's performance on the underappreciated task of legal entity management — managing the books and records of its subsidiaries – can have a dramatic impact on the terms of M&A deals in which it is involved, according to research from Deloitte's ...

February 20, 2022 

The Internal Revenue Service has made revisions to Form 14457, Voluntary Disclosure Practice Preclearance Request and Application, including expanding a section on reporting virtual currency. Form 14457 permits taxpayers who may face criminal prosecution.

February 20, 2022 

The firm and its subsidiaries now employ 53 partners and over 350 associates across the firm. In 2021, the company invested in newly created operational positions, including the first chief growth officer and chief financial officer.

February 20, 2022 

Allinial Global is a professional association of legally independent accounting and consulting firms with members across North America and around the world. Consisting of 248 professional services firms spread across 98 countries, Allinial Global ...

February 20, 2022 

Tax season has begun, and you have a lot on your plate. You're undoubtedly already stressed, and there's still a long way to go until April 15th. This time of year, you're undoubtedly anxious and fatigued. What are you going to do to prevent tumbling ...

February 20, 2022 

Hiring and retaining talent in 2022 is more than just about salary. While money certainly matters, employees want to know their efforts are important and want to feel valued, appreciated, and respected.

February 20, 2022 

This is the latest Vertex global solution to be certified, following Vertex Indirect Tax O Series 9.0, which was recently certified by SAP as Built on SAP Business Technology Platform, catering to the Brazilian market. Vertex offers a full suite of ...

February 20, 2022 

Notice 2021-39 provides penalty relief for good-faith efforts to adopt the new schedules. Today’s transition relief, appearing in new frequently asked questions (FAQs) on Schedules K-2 and K-3, allows an additional exception for tax year 2021 filing ...

February 20, 2022 

Farmers and fishers who decided to forgo making estimated tax payments have the option to pay the entire tax due on or before March 1. Normally, this special rule applies when income from farming or fishing made up at least 2/3 of the total gross ...

February 18, 2022 

During a hearing held by the Senate Finance Committee on Spotlighting IRS Customer Service Challenges, Tax Executive Committee (TEC) Chair for the American Institute of CPAs (AICPA) and practicing CPA, Jan Lewis, opened her testimony by letting the Senators know, “…I’m here today because there’s still time to salvage this filing season, or at least...…