Record-Breaking Cryptocurrency Adoption Leads The IRS To Release New Reporting Requirements

WASHINGTON, DC – APRIL 15: The Internal Revenue Service (IRS) building stands on April 15, 2019 in … [+] Washington, DC. April 15 is the deadline in the United States for residents to file...

The Accountant Who Became An Unlikely Cricket Hero In Australia’s Big Bash League

Nick Hobson became an unlikely hero in the Big Bash League final (Photo by Paul Kane/Getty Images) Getty Images Nick Hobson holds down a full-time job as an accountant at Ernst & Young, but he won...

Dear Tax Guy: Our accountant charged us $486 for a simple gift-tax return. Why on earth would it cost so much?

We gave our daughter money towards a down payment on a home and learned we had to file a gift tax return. Our accountant charged us $486 for this. Why can’t you just add a form to your regular tax ret...

Marcum-Friedman Accountant Merger Would Quicken U.S. Firm’s Expansion In Asia

MBP Co-Chairman Drew Bernstein. MBP In March, “China Wealth” profiled MBP as a successful New York-based accounting company in China that is now on the move in Southeast Asia with plans to open an off...

Successful In China, U.S. Accountant Looks To Southeast Asia For New Growth

Southeast Asia offers good growth prospects for global investors, says Drew Bernstein, co-chairman … [+] of New York-headquartered MBP. The accounting firm plans to open an office in Singapore i...

Circle’s Accountant Tweaks Fine Print of USDC Attestation

“Most auditors and attestors do not use the word ‘correct,’ and it would only be used where a precise measurement is available,” said Michael Shaub, an accounting professor at Texas A&M University...

How to avoid a 6-figure tax penalty on foreign bank accounts

Chuyn | Istock | Getty Images Whether you’re an expat or U.S.-based, you may need to report your foreign accounts to the U.S. Department of the Treasury by April 15 — or face costly tax penaltie...