Opportunity Zone requirements finalized
The new regs clarify what property and businesses will qualify for the tax break.
New chairs named for FASB, FAF
Five new trustees have also been named to the Financial Accounting Foundation.
MetLife to pay $10M over internal control failures
SEC charges revolved around how the insurer decided if clients were dead.
The Top 100 People: The major issues facing accountants
Leaders in the accounting profession share the things that are keeping them up at night.
Life insurance’s major role in business succession planning
Accountants should be engaging more deeply with business owner clients’ succession plans.
A new appreciation for bonus depreciation
The Tax Cuts and Jobs Act puts a whole new spin on an old strategy.
Oil trader sues for $52M tax refund
The company claims a huge amount of fuel taxes were improperly collected.
IRS ETAAC seeking applicants
Selected nominees will serve three-year terms advising on technological issues.
IASB proposes major revamp to financial reporting
The board wants more comparability and transparency around non-GAAP measurements.