A byproduct of the coronavirus pandemic is that the IRS has amassed up to 12 million pieces of..

Tax, COVID-19

In 2016, the Financial Accounting Standards Board (FASB) published guidance that requires major..

Non-Profits, Private Companies

Many people are currently working from home to help prevent the spread of the novel coronavirus..

Audit and Assurance, COVID-19

The substantial presence test is the test used to determine if a nonresident alien (non-US citizen..

Expats, Tax, International Tax

The costs to set up cloud computing services can be significant, and many companies would prefer..

Cloud Computing

Recent changes may eliminate some of the deemed distributions from controlled foreign corporations..

GILTI, Tax, International Tax

With the IRS finalizing the rules related to the foreign-derived intangible income (FDII) deduction..

Tax, International Tax

Some companies are expected to report impairment losses in fiscal year 2020 because of the COVID-19..

COVID-19, Triggering Events

The Committee of Sponsoring Organizations of the Treadway Commission (COSO) recently published new..

Audit and Assurance