Earlier this month, the Institute of Internal Auditors (IIA) announced proposed changes to the International Professional Practices Framework, guidance supporting effective internal auditing. Proposed changes include a new mission statement and a set of 12 core internal auditing principles for internal auditors to follow.

The Financial Services senior associate will provide tax compliance and advisory services for investment partnerships and related management entities.

If you have children in college, you know how expensive putting a child through school can be. Fortunately, the U.S. tax code may provide you some relief — in the form of the American Opportunity and Lifetime Learning credits.

Now’s the time of year when many young adults are heading back to college — or entering their first year of higher education. If you have a grandchild who’ll be in college this fall and you’re concerned about gift and estate taxes, you may want to consider paying some of his or her tuition.

DALLAS-FORT WORTH, Texas (August 19, 2014) – Weaver, the largest independent accounting firm in the Southwest, announces the appointments of Dale Jensen, CPA, CFE as the oil and gas industry practice partner-in-charge and Brad Jay, CPA as the manufacturing, distribution and retail industry practice partner-in-charge.

Many expenses that may qualify as miscellaneous itemized deductions are deductible for regular tax purposes only to the extent they exceed, in aggregate, 2% of your adjusted gross income (AGI). Bunching these expenses into a single year may allow you to exceed this “floor.”

A Travis County District Court judge held that an auto dealer may include direct labor costs under Texas Administrative Code Rule 3.588(c)(8) in its cost of goods sold (COGS) for Texas franchise tax purposes.

Determining whose tax returns will be audited by the IRS might not be a perfect science, but there are several triggers known to raise interest.

The Audit Senior is responsible for performing in-charge responsibilities as assigned on small to mid-size engagements and helps with any other duties necessary to complete an engagement.

A taxable sale of a business might be structured as an installment sale if the buyer lacks sufficient cash or pays a contingent amount based on the business’s performance.