The Eighth Circuit held that a taxpayer’s spouse lacked a present property interest in the taxpayer’s home, so she was not entitled to receive a portion of the sales proceeds in a forced sale action ...

Business intelligence and analytics tools are no longer optional to deliver real-time insights and support agile business decisions.

Once upon a time, in the early 2000s, cyberattacks were like ghost stories for the corporate world. They were chilling to hear about but easy to dismiss. That won’t happen to us. It’s overblown. There ...

Another day, another cyber incident. One does not have to search hard to find a news headline about the latest breach of consumer data or a warning about the ransomware threat du jour. Stories about ...

Imagine prospective clients sitting in a pitch meeting, laughing and chatting about their weekend plans. The energy in the room is light and engaging. Then an accounting firm partner walks into the ...

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In response to “the broad and evolving application of the definition of a derivative,” FASB issued an Accounting Standards Update that aims to address stakeholder concerns about the application of ...

The proposed regulations were withdrawn in response to comments that criticized the proposed guidance, according to the IRS.

The IRS was not entitled to a presumption of proper mailing for a notice with an erroneous address that it contended the taxpayer nonetheless received timely, the Tax Court held.

Application of the public policy doctrine is not limited to where a criminally convicted person directly pays a fine or penalty, the Tax Court held.

Editor’s note: This is the fifth article in a six-part series. Partners reassessing some or all aspects of their traditional CPA firm’s business model may consider starting with this exercise: Take a ...