Teemco player; reverse that merger!; ATM gamble doesn’t pay off; and other highlights of recent tax cases.

Some of the states that are paying the highest amounts in federal taxes are also the ones that will be hurt the most by the $10,000 limit on the SALT deduction.

The agency is subjecting a relatively small percentage of wealthy taxpayers to tax audits, and less than half of the biggest corporations in the U.S.

One of the few Republicans with the power to request the documents wants to make sure that if Democrats are successful in getting them, he wants them too.

The laboratory-testing company facing criticism for its corporate governance, will no longer use an auditor for its Luxembourg subsidiaries who was contemporaneously signing off on the accounts of businesses controlled by the company’s largest shareholder.

Accounting firm RoseRyan has created a consultancy called Kukuza Associates to focus on servicing businesses in the growing cannabis market.

Lost amid the confusion of the federal government shutdown this year was a new set of penalties the IRS began to issue as part of the agency’s ongoing enforcement of the Affordable Care Act.

The European Union’s inability to agree on taxing Internet giants like Google and Amazon shows the need for majority voting at the soon-to-be 27-member bloc, French Finance Minister Bruno Le Maire said.

The new standard adjusts the way companies account for the production costs of films and episodic content produced for TV and online streaming services.

The red-hot economy shows some possible signs of cooling, particularly among small companies.