The GILTI inequality between corporate and noncorporate taxpayers

The Global Intangible Low Taxed Income has created a lot of challenges for taxpayers, since it was instituted by the Tax Cuts and Jobs Act of 2017.

The GILTI inequality between corporate and noncorporate taxpayers


M&A roundup: Friedman, UHY, Blue and others strike deals

Friedman adds Markowitz, Fenelon & Bank; UHY Advisors unites with Becker & Rosen; Blue & Co. merges in Clarus Partners; Barone, Howard & Co. joins Dermody, Burke & Brown.

M&A roundup: Friedman, UHY, Blue and others strike deals


PCAOB plans further changes on inspections and quality control

Chairman William Duhnke said the board is also doing more outreach to audit committees.

PCAOB plans further changes on inspections and quality control


Sage buys CakeHR

Sage, a provider of enterprise resource planning and accounting software, has acquired CakeHR, a U.K.-based HR technology company whose solutions are all cloud-native.

Sage buys CakeHR


In the blogs: Conspicuous absences

No love for the carbon tax; the inflation-adjusted 12 Days of Christmas; 10 end-of-year tax moves; and other highlights from our favorite tax bloggers.

In the blogs: Conspicuous absences


AICPA opens registration for 2020 Accounting Scholars Leadership Workshop

The annual program invites minority college accounting students pursuing CPA licensure to network and bolster their skills in New Orleans.

AICPA opens registration for 2020 Accounting Scholars Leadership Workshop


The top people in public accounting — 2019

The most influential people in the field, as chosen by their peers.

The top people in public accounting — 2019


Blockchain: Unlocking new potential

The various applications of this young technology will bring big opportunities to the accounting profession.

Blockchain: Unlocking new potential


IRS continues fight for virtual currency information

The Internal Revenue Service is seeking information from more taxpayers who hold virtual currency like Bitcoin, but in a ruling last week, a judge ordered the IRS to limit its summons for information from one cryptocurrency exchange, Bitstamp

IRS continues fight for virtual currency information


IRS and Treasury issue final rules on Foreign Tax Credit and BEAT

The Internal Revenue Service and the Treasury Department released their final regulations on two major international tax provisions, the Foreign Tax Credit and the Base Erosion and Anti-abuse Tax (BEAT), which was included as part of the Tax Cuts and Jobs Act.

IRS and Treasury issue final rules on Foreign Tax Credit and BEAT