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Donna Raper assumed her role as regional director of the Americas region at BKR International, New York.  Katrina Helmkamp, a retired global CEO, and Harit Talwar, former founder/head and then chairman of Marcus by Goldman Sachs, were appointed as independent directors to the U.S. board of directors at KPMG, New

Artificial intelligence is helping the retail industry reduce their costs with returned merchandise. According to the National Retail Federation, a 2022 survey showed for every $1 billion in sales, the average retailer is hit with $165 million in returns. One company is offering a tool that will help control the

International tax professionals are concerned that multinational companies could be facing the prospect of double taxation as a result of the Organization for Economic Cooperation and Development’s tax changes, according to a new survey. The 2024 EY International Tax and Transfer Pricing Survey,  released Tuesday by Ernst & Young, polled

Private U.S. companies are seeing their earnings and profit margins collapse after the Federal Reserve’s rate hikes have lifted financing costs, and are increasingly going broke, according to a new report.  Larger companies have been mostly insulated from the pain so far. But these corporations often use midsized private firms

The Internal Revenue Service will be hosting a Tax Professional Awareness Week starting Monday, Jan. 8, to give tax pros an opportunity to get ready for tax season. The week represents the IRS’s latest effort to support taxpayers, the tax community as well as tax pros. During the week, the

The Internal Revenue Service is extending the period for dealers and sellers of so-called “clean” vehicles such as electric cars to submit time-of-sale reports by a few days to qualify for tax credits. Dealership reporting through the IRS Energy Credits Online portal opened just this week on Jan. 1, 2024,

Businesses eager to see Congress revive expired research and investment tax breaks have reason for optimism that a deal could come together as soon as this month.  Even as a new tax year has begun, Republicans and Democrats are expressing hope that they can come together on a $100 billion

In this new year, where are you on the generative AI innovation curve? In 2023, discussions about how technology is revolutionizing investment functions have intensified. Everyone from the CIO to the investment accounting team can enjoy innovations like enhanced analytics, cloud transformation, sophisticated tech for portfolio management and reporting, risk

Intuit Inc. is being questioned by U.S. lawmakers who say federal tax credits the company received could have been better spent to build a free government alternative to Intuit’s popular online tax preparation software, TurboTax.  “For years, Intuit’s corporate lobbyists have argued that the federal government should not set up