With Congress and the White House soon to be controlled by the same party, major tax reform could occur as early as 2017. What might new tax policies look like, and what circumstances could enable or hinder tax reform? Annette Nellen, CPA, CGMA, chair of the AICPA Tax Executive Committee, discusses the possibilities.
How asking straightforward questions of employees across an organization can help leaders zero in on critical business risks.
Hundreds of GE employees are being transferred to PwC -- an arrangement that broadens the accounting firm's global reach and tax expertise at a time when global tax strategy is increasingly important to multinational companies.
The Internal Revenue Service found that a taxpayer's receipts from its construction activities qualified as domestic production gross receipts for purposes of the domestic production activities deduction. This conclusion means that taxpayers with similar facts can qualify for the valuable Sec. 199 deduction.
Career mobility, which allows employees to move between positions within companies where they work, has the potential to boost retention and organizational success, research suggests. This article looks at three strategies companies can use to nurture career mobility.
In December 2015, Japan's Akatsuki spacecraft detected a feature in the atmosphere around Venus that was akin to a giant sideways smile. It remained for four days but has not been seen since, and scientists speculate a gravity wave caused it.
Estate plans should be reviewed periodically, particularly if clients have had life changes such as marriage or divorce. The review process should focus on beneficiary designations, account titles and other issues. For more information on estate planning, PFP/PFS members can download four volumes of the popular resource The CPA's Guide to Financial and Estate Planning.
A new version of the AICPA's Personal Financial Planning Body of Knowledge offers an updated look at essential information for CPA financial planners. One key change is that tax planning is now integrated within the other core service areas. For more information, download the Body of Knowledge here.
A bill seeking to delay the Department of Labor's fiduciary rule was introduced this month, but US Chamber of Commerce officials say the incoming administration could also take action to push back its implementation. Even if the rule is eliminated, some experts say advisers who follow a fiduciary standard could benefit.
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