IRS Archives - CFO

The IRS Makes Filing for the R&D Credit Tougher

The IRS Makes Filing for the R&D Credit Tougher

The new information needed to qualify for the R&D tax credit may discourage smaller businesses.

By Eric Hylton | May 24, 2022

Crypto Exchange Kraken Ordered to Provide User Records to IRS

Crypto Exchange Kraken Ordered to Provide User Records to IRS

“Those who transact with cryptocurrency must meet their tax obligations like any other taxpayer.”

By Lauren Muskett | May 6, 2021

IRS Audit Rate for Highest Earners Falls by Half

IRS Audit Rate for Highest Earners Falls by Half

"Congress needs to give the IRS the sustained resources it needs to ensure high fliers pay their taxes,” Sen. Ron Wyden (D-Ore.) says.

By Matthew Heller | May 22, 2019

GAO Report Finds Cybersecurity Failings

GAO Report Finds Cybersecurity Failings

The SEC, IRS, and FDIC were among the agencies cited for not adequately addressing security vulnerabilities.

By William Sprouse | September 10, 2018

IRS Guidance on Exec Comp Changes Falls Short

IRS Guidance on Exec Comp Changes Falls Short

A notice on how to apply tax-deductibility changes included in the recent tax-reform law may leave open more questions than it answers.

By David McCann | August 24, 2018

Ex-Soupman CFO Gets Jail for $600K Tax Fraud

Ex-Soupman CFO Gets Jail for $600K Tax Fraud

Robert Bertrand admits to making "a mistake" but a judge says he engaged in a “deliberate, sustained and thought-out campaign to defraud the government."

By Matthew Heller | April 13, 2018

AICPA Seeks Clarity on Meals, Other Expenses

AICPA Seeks Clarity on Meals, Other Expenses

The association asks the government for "immediate guidance" on whether business meals continue to be deductible under the new tax law.

By Matthew Heller | April 4, 2018

‘Taxpayer Friendly’ IRS Guidance Could Ease Offshore Worries

‘Taxpayer Friendly’ IRS Guidance Could Ease Offshore Worries

The IRS and Treasury rush to clarify uncertainties about repatriation of offshore earnings.

By David Katz | January 10, 2018

The Impact of the House Tax Cut Bill on CFOs

The Impact of the House Tax Cut Bill on CFOs

While their companies would benefit big time, many CFOs will likely experience an increase in their annual income tax liabilities.

By Matthew A. Morris | November 7, 2017

New IRS Rules Could Give Headaches to Partnerships

New IRS Rules Could Give Headaches to Partnerships

Proposed IRS rules place more responsibility, and more potential for unhappy surprises, on the partnerships themselves.

By Heléna M. Klumpp | September 6, 2017

More than Just Audits: The New IRS Compliance Campaigns

More than Just Audits: The New IRS Compliance Campaigns

The IRS plans to enforce taxpayer compliance by reorganizing its own resources to focus around these specific issues of concern.

By George Farrah | March 14, 2017

A Guide to R&D Tax Rules

A Guide to R&D Tax Rules

Some changes in 2016 have altered the picture somewhat for small and midsize companies.

By Robert J. Rojas | December 21, 2016

Why SMB CFOs Should Care About Transfer Pricing

Why SMB CFOs Should Care About Transfer Pricing

Small and mid-tier manufacturers incorrectly assume that because they’re small, their transfer-pricing policy won’t be audited. They're wrong.

By Cristina Morera | October 25, 2016

Banking, Tax Regs Eat Into Marijuana Profits

Banking, Tax Regs Eat Into Marijuana Profits

The legal cannabis sector is experiencing geometric revenue growth, but finance execs face formidable challenges managing the money.

By Ed Zwirn | August 19, 2016

Does the Earnings Stripping Regulation Remove Too Much?

Risk & Compliance

Does the Earnings Stripping Regulation Remove Too Much?

Questions will arise over whether an intercompany transaction will be treated by the IRS as debt or as stock.

By Therese Tucker | August 10, 2016