Missouri Gov. Mike Parson has signed House Bill 2400, which includes an R&D tax credit and a SALT deduction. Read on for details. 

See how a U.S. Supreme Court case could affect U.S. taxpayers obligated to file FinCEN Form 114, “Foreign Bank Account Report.” 

July is the make-or-break month for Democrats as they aim to get something passed before the August recess and midterm elections. 

When your personal or financial situation changes, it’s a good idea to consider updating your Form W-4. Read on for insights on figuring out your tax withholding.

Currently, owners of real property used for business or held as an investment can potentially exchange property of the same type, tax free. This “swap” falls under the guidance of Internal Revenue Code (IRC) Section 1031, which allows participants…

The Colorado Taxpayer’s Bill of Rights (TABOR) calls for extra tax revenue to be returned to taxpayers this year. Read on to see who qualifies.

Those in the process of finalizing their adoption of the current expected credit loss (CECL) accounting standard can learn from the earlier adopter’s experiences with CECL adoption, particularly during the model validation process. 

To prepare for the year ahead, financial institutions’ audit committees should consider the following top 10 topics to discuss with management teams, internal and external auditors, and other advisors. 

New Ohio legislation creates a workaround to the $10,000 SALT deduction cap and creates an elective entity-level tax on qualifying PTEs.

The pandemic left many organizations struggling with staff shortages. Read on for tips on developing organizational values that can help nonprofits.