For months, taxpayers have been eyeing the end of tax cuts written into law in 2017 with the Tax Cuts and Jobs Act, enacted during
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In a move that wealthier taxpayers and their financial advisors will welcome, the Internal Revenue Service today announced inflation-adjusted increases to both the estate and
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Introduction As the 2024 fiscal year draws to a close, small businesses face the critical task of examining their financial strategies to maximize tax benefits.
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Age and wealth often make clients more charitably inclined. But it’s important for them to plan for how they’re going to gift their cash and
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Scammers steal funds from unsuspecting victims, making them financially unprepared for other “Grandma, I’m in jail and I need you to wire $10,000 for bail,”
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The political turmoil of the U.S. may be inspiring some wealthy clients to move abroad. Logistics aside, what should be their tax questions? One important
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Recently I wrote a short piece concluding that audit opinions still matter. I drafted this essay within the judicial context of a class action lawsuit,
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Terminally ill individuals often desire to benefit the people and institutions they love by means of actionable and effective tax planning, even in the final
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It has been nearly 20 years since, in the pages of the Journal, the authors introduced the Fraud Diamond—a novel extension of the long-established Fraud
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The proliferation of technology throughout modern business has created novel opportunities for financial statement fraud. But technology tools can also be leveraged to help detect
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Enacted in 1984, and subsequently amended, the Single Audit Act was established to provide assurance to the federal government that recipients of federal funds have
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