Accounting
GM blasts San Francisco in lawsuit over $108M tax bill
General Motors Co. said in a lawsuit that San Francisco unfairly taxed it $108 million over seven years, despite the...
2023 Top 100 People extra: Meaningful mentorships
As part of this year’s Top 100 Most Influential People survey, Accounting Today asked, "Do you currently mentor someone? What...
In the blogs: End-of-year questions
Income equality; disclosing crypto; meetings are a waste of time; and other highlights from our favorite tax bloggers.End-of-year questionsVirginia –...
Adler ‘significantly overstated’ value of old debt, German watchdog finds
A subsidiary of troubled landlord Adler Group SA "significantly overstated" the value of stale debts in its 2021 accounts, according...
Biden’s strict hydrogen tax rules to ‘loosen,’ Plug Power CEO expects
Plug Power Inc. dubbed the new U.S. rules on how hydrogen projects can qualify for a lucrative tax credit "disappointing,"...
IRS publishes technical guides for tax-exempt groups and credit unions
The Internal Revenue Service's Exempt Organizations and Government Entities unit has published two new technical guides aimed at nonprofits, especially...
IRS extends due dates for qualified intermediaries
The Internal Revenue Service has extended some of the deadlines for qualified intermediaries, withholding foreign partnerships and withholding foreign trusts.The...
Food Bank for NYC calls for IRS VITA volunteers
The Food Bank For New York City, a registered 501(c)(3) nonprofit and member of Feeding America, has been working to end...
IESBA makes progress on sustainability and tax ethics standards
The International Ethics Standards Board for Accountants completed and approved an exposure draft on ethics and independence standards for sustainability...
IRS plans rules to clarify R&D expensing
The Internal Revenue Service and the Treasury Department have issued a notice saying they intend to propose regulations to address...
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