IRS backdated some tax penalty approvals
The Internal Revenue Service sometimes backdated tax penalty approvals in at least seven cases involving syndicated conservation easements, according to a new report.

The real price of a Sun Belt move
For retirement-age clients relocating to the Sun Belt, the savings they are counting on may not exist. Have a conversation before they sign the moving contract.

SEC drops accounting fraud case against ex-Iconix CEO
The long-running lawsuit against the founder of the apparel licenser accused him of inflating the company's revenue and earnings more than a decade ago.

Firms warn about IRS CP53E notice scams
Accounting firms are seeing an increase in scams involving the notices the IRS is sending to taxpayers when they don't provide their direct deposit information.

Frazier & Deeter adds Minneapolis firm
The Top 50 Firm acquired Minneapolis-based Copeland Buhl, marking its first expansion into the Midwest.

JPMorgan sees higher NYC downgrade risk amid tax pushback
New York City's risk of seeing a credit-rating downgrade has increased, according to JPMorgan Chase & Co. strategists.

COSO offers risk management guidance
Few enterprise risk management programs are truly integrated into strategic decisions, according to a new report.

Deadline approaches for claiming COVID tax refunds
Tens of millions of taxpayers may be able to claim big tax refunds thanks to a court decision, but they must file soon.

401(k) plan credit may need a nudge from financial advisors and CPAs
With about 41 million American workers lacking access to a retirement plan through their jobs, experts say advisors could play a pivotal role.

SEC semiannual reporting proposal clears White House review
A Securities and Exchange Commission plan to let public companies cut quarterly disclosures to twice a year moved closer to reality after passing a White House review.