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Showing posts from June, 2021Show all

Taxpayer Advocate prods IRS to improve service, reduce backlog

Taxpayer Advocate prods IRS to improve service, reduce backlog

Trump Organization, CFO to be charged Thursday in Vance probe

Trump Organization, CFO to be charged Thursday in Vance probe

M&A roundup: Friedman and Herbein expand

M&A roundup: Friedman and Herbein expand

New instructions for Schedules K-2, K-3 eye int’l tax

New instructions for Schedules K-2, K-3 eye int’l tax

Biden targets tax tactics of the richest 0.1%

Biden targets tax tactics of the richest 0.1%

Supreme Court denies marijuana dispensaries' challenge to IRS

Supreme Court denies marijuana dispensaries' challenge to IRS

Private sector added 692K jobs in June

Private sector added 692K jobs in June

Recruit star partner talent

Recruit star partner talent

Intuit introduces Advisory Services Training for ProAdvisors

Intuit introduces Advisory Services Training for ProAdvisors

Carried interest tax break unites PE firms as Congress takes aim

Carried interest tax break unites PE firms as Congress takes aim

Caribbean tax havens fret they’re at risk from global crackdown

Caribbean tax havens fret they’re at risk from global crackdown

SALT lawmakers take to House floor in push for tax break

SALT lawmakers take to House floor in push for tax break

Pathways to Growth: The floodgates of tech are open

Pathways to Growth: The floodgates of tech are open

Boomer’s Blueprint: Future-ready vs. obsolete work skills

Boomer’s Blueprint: Future-ready vs. obsolete work skills

Inaugural ‘40 Under 40 Black CPA Award’ seeks applicants

Inaugural ‘40 Under 40 Black CPA Award’ seeks applicants

21% and rising: What tax pros should consider with higher rates

21% and rising: What tax pros should consider with higher rates

Supreme Court ACA decision moots protective refund claims

Supreme Court ACA decision moots protective refund claims

SEC sets up climate clash with big tech cos.

SEC sets up climate clash with big tech cos.

McConnell wants infrastructure de-linked from spending bill

McConnell wants infrastructure de-linked from spending bill

Deadline for MP Elite 2021 submissions extended

Deadline for MP Elite 2021 submissions extended

Moss Adams adds risk management firm

Moss Adams adds risk management firm

Exxon faces eviction from global tax transparency group

Exxon faces eviction from global tax transparency group

Practice profile: Ready Player One

Midyear tax planning: ‘Setting the stage’

Midyear tax planning: ‘Setting the stage’

Art of Accounting: Owner and partner coaching and mentoring

Art of Accounting: Owner and partner coaching and mentoring

Virginia Society of CPAs launches career center for accountants

Virginia Society of CPAs launches career center for accountants

CaseWare names new CEO, chairman

CaseWare names new CEO, chairman

Trump Organization expects to be charged in N.Y. tax case

Trump Organization expects to be charged in N.Y. tax case

Biden aides press senators to keep infrastructure deal intact

Biden aides press senators to keep infrastructure deal intact

High court rejects state’s challenge to work-from-home taxes

High court rejects state’s challenge to work-from-home taxes

Lawmakers eye tax credit in bipartisan affordable housing bill

Lawmakers eye tax credit in bipartisan affordable housing bill

IRS adds thousands of auditors as Senate considers enforcement funds

IRS adds thousands of auditors as Senate considers enforcement funds

The roadblocks to diversity in accounting

The roadblocks to diversity in accounting

On the move: MarksNelson adds new partner

On the move: MarksNelson adds new partner

New bill would crack down on conservation easement tax abuses

New bill would crack down on conservation easement tax abuses

Tech news: FloQast releases request management tool for monthly close, and more

Tech news: FloQast releases request management tool for monthly close, and more

Firms giving back: BKD invests millions in staff, charities

Firms giving back: BKD invests millions in staff, charities

Does your firm suffer from outrage constraints?

Does your firm suffer from outrage constraints?

Biden infrastructure win ramps up fight over economic agenda

Biden infrastructure win ramps up fight over economic agenda

IRS releases data on activities during COVID

IRS releases data on activities during COVID

Tax Fraud Blotter: Smoked out

Tax Fraud Blotter: Smoked out

Biden, senators get $579B bipartisan infrastructure deal

Biden, senators get $579B bipartisan infrastructure deal

Dead banker’s aides guilty over secret Credit Suisse stash

Dead banker’s aides guilty over secret Credit Suisse stash

Accountants work on supporting global vaccine effort

Accountants work on supporting global vaccine effort

FASB asks for feedback on future accounting standards agenda

FASB asks for feedback on future accounting standards agenda

Tax season: A learning experience for all concerned

Tax season: A learning experience for all concerned

COVID exposed need for IRS funding: ETAAC

COVID exposed need for IRS funding: ETAAC

How the next generation will transform the industry into advisory-first

How the next generation will transform the industry into advisory-first

Trump remains at odds with House committee over document release

Trump remains at odds with House committee over document release

John McAfee, antivirus software pioneer, found dead in prison

John McAfee, antivirus software pioneer, found dead in prison

Infrastructure deal closer with Biden to meet senators today

Infrastructure deal closer with Biden to meet senators today

Wipfli makes good on expansion plans

Wipfli makes good on expansion plans

IIA and AuditBoard expand CIA scholarship program

IIA and AuditBoard expand CIA scholarship program

Sustainability assurance seen as full of inconsistencies

Sustainability assurance seen as full of inconsistencies

The first pillar of credit and incentive projects: Location

The first pillar of credit and incentive projects: Location

The SPAC man method: Inside the billionaire rush for riches

The SPAC man method: Inside the billionaire rush for riches

Biden aides leave Senate talks without infrastructure deal

Biden aides leave Senate talks without infrastructure deal

Schwarzman sees ‘avalanche’ of opportunities from tax-hike risk

Schwarzman sees ‘avalanche’ of opportunities from tax-hike risk

Tech news: Tipalti payment products upgraded for audit preparedness, and more

Tech news: Tipalti payment products upgraded for audit preparedness, and more

Ted on Tech: Back to work — are your printers ready?

Ted on Tech: Back to work — are your printers ready?

SALT deduction relief included in Sanders budget proposal

SALT deduction relief included in Sanders budget proposal

H&R Block’s Wave unit plans new AR abilities

H&R Block’s Wave unit plans new AR abilities

PCAOB hits pause on setting up new outside advisory groups

PCAOB hits pause on setting up new outside advisory groups

In the blogs: Meet the parents

In the blogs: Meet the parents

IRS offers online tools for managing Child Tax Credit payments

IRS offers online tools for managing Child Tax Credit payments

Expect sales taxes to proliferate post-pandemic

Expect sales taxes to proliferate post-pandemic

What private companies get wrong about internal controls

What private companies get wrong about internal controls

AICPA seeks applicants for 2021-22 student scholarships

AICPA seeks applicants for 2021-22 student scholarships

White House officials head to hill for infrastructure talks

White House officials head to hill for infrastructure talks

A record buyout is just the start as wealthy flee U.S. tax hike

A record buyout is just the start as wealthy flee U.S. tax hike

Transformative tax proposals in Treasury’s Green Book

Transformative tax proposals in Treasury’s Green Book

Oil companies at risk of stranded assets without better financial reporting

Oil companies at risk of stranded assets without better financial reporting

IRS offers guidance on depreciating residential rentals

IRS offers guidance on depreciating residential rentals

KPMG faces $21M fine for H.I.G. Capital conflict

KPMG faces $21M fine for H.I.G. Capital conflict

Fraud likely to increase post-pandemic

Fraud likely to increase post-pandemic

Art of Accounting: Staff career management

Art of Accounting: Staff career management

Closing the skills gap in accounting

Closing the skills gap in accounting

Tax pros caution clients on taking monthly child tax credit

Tax pros caution clients on taking monthly child tax credit

Millennials, Gen Z strongly committed to social causes, survey finds

Millennials, Gen Z strongly committed to social causes, survey finds

Biden’s agenda depends on navigating congressional thicket

Biden’s agenda depends on navigating congressional thicket

Global minimum tax on corporations faces pushback

Global minimum tax on corporations faces pushback

Biden rebuff on gas tax casts doubt on infrastructure deal

Biden rebuff on gas tax casts doubt on infrastructure deal

SEC reportedly investigating former PCAOB chair Duhnke

SEC reportedly investigating former PCAOB chair Duhnke

On the move: EY appoints San Juan office MP

On the move: EY appoints San Juan office MP

NJCPA names 2021 Ovation Award recipients

NJCPA names 2021 Ovation Award recipients

Reach big audacious goals, one step at a time

Reach big audacious goals, one step at a time

Chipmakers offered 25% investment tax credit in new Senate bill

Chipmakers offered 25% investment tax credit in new Senate bill

In the firm of the future, everyone pulls together

In the firm of the future, everyone pulls together

The future of work will be flexible — and so will we

The future of work will be flexible — and so will we

Firms slowly return to offices while giving employees flexibility

Firms slowly return to offices while giving employees flexibility

VSCPA awards $59K in 2021-22 college accounting scholarships

VSCPA awards $59K in 2021-22 college accounting scholarships

House passes ESG and tax haven disclosure bill

House passes ESG and tax haven disclosure bill

Tax Fraud Blotter: The latest twists

Tax Fraud Blotter: The latest twists

SEC stance on SPAC warrant accounting demands closer look

SEC stance on SPAC warrant accounting demands closer look

Supreme Court dismisses GOP challenge to Affordable Care Act

Supreme Court dismisses GOP challenge to Affordable Care Act

Race for a global tax revolution faces hurdles in final stretch

Race for a global tax revolution faces hurdles in final stretch

Yellen floats idea of capital gains hike dated to two months ago

Yellen floats idea of capital gains hike dated to two months ago

FASB proposes discount rate guidance for nonpublic lessees

FASB proposes discount rate guidance for nonpublic lessees

Technology can improve ESG reporting

Technology can improve ESG reporting

BerryDunn promotes first woman CEO

BerryDunn promotes first woman CEO

Mauldin & Jenkins merges in CDPA

Mauldin & Jenkins merges in CDPA

PwC to add 100K jobs in $12B strategic revamp

PwC to add 100K jobs in $12B strategic revamp

Shedding some light on the murky world of ESG metrics

Shedding some light on the murky world of ESG metrics

How CPA firms can win women back

How CPA firms can win women back

Stripe adds VAT and GST tax capabilities

Stripe adds VAT and GST tax capabilities

Trump tax battle spurs judge to push for mediation over subpoena

Trump tax battle spurs judge to push for mediation over subpoena

White House counsels bipartisan patience as House Democrats stir

White House counsels bipartisan patience as House Democrats stir

Time commitment, relevance push young people away from CPA Exam

Time commitment, relevance push young people away from CPA Exam

Build a culture around what happens outside the office

Build a culture around what happens outside the office

PwC reorganizes U.S. firm structure, sets new international strategy

PwC reorganizes U.S. firm structure, sets new international strategy

IMA pushes back on CPA Evolution

IMA pushes back on CPA Evolution

IAASB releases audit quality management guides

IAASB releases audit quality management guides

IRS offers tool to register for monthly child tax credit

IRS offers tool to register for monthly child tax credit

Art of Accounting: Deciding to start the process to sell your practice

Art of Accounting: Deciding to start the process to sell your practice

Pelosi confronts ticking clock as senators weigh Biden economic plan

Pelosi confronts ticking clock as senators weigh Biden economic plan

Getting ready for the recovery

Getting ready for the recovery

‘Like taxing horseshoes’: Landlines wane, sap U.S. broadband aid

‘Like taxing horseshoes’: Landlines wane, sap U.S. broadband aid

AICPA names 2021 Outstanding Young CPA Award recipients

AICPA names 2021 Outstanding Young CPA Award recipients

5 hybrid skills accountants need to embrace

5 hybrid skills accountants need to embrace

Bill would make accounting part of STEM education

Bill would make accounting part of STEM education

GASB offers guidance on implementing leases and other standards

GASB offers guidance on implementing leases and other standards

ConvergenceCoaching names Spring 2020-21 'Leadership Program' grads

ConvergenceCoaching names Spring 2020-21 'Leadership Program' grads

IRS offers guidance on American Rescue Plan tax credits

IRS offers guidance on American Rescue Plan tax credits

Can you earn $10K per hour from your tax practice?

Can you earn $10K per hour from your tax practice?

Tech news: LemonEdge and Airbase raise capital, and more

Tech news: LemonEdge and Airbase raise capital, and more

On the move: HHM hires VP of marketing

On the move: HHM hires VP of marketing

Pay-as-you-go surprise: GOP backs road fees while Democrats balk

Pay-as-you-go surprise: GOP backs road fees while Democrats balk

Bipartisan Senate group seals $1.2T infrastructure deal

Bipartisan Senate group seals $1.2T infrastructure deal

Romney, senators float first change to gas tax since 1993

Romney, senators float first change to gas tax since 1993

Billionaire tax leak referred to FBI as probe grows, IRS says

Billionaire tax leak referred to FBI as probe grows, IRS says

Capital gains tax increase proposals under Biden make tax planning tougher

Capital gains tax increase proposals under Biden make tax planning tougher

Tax Fraud Blotter: Jailhouse crocks

Tax Fraud Blotter: Jailhouse crocks

Planful launches native AI/ML portfolio

Planful launches native AI/ML portfolio

What business clients should know about EINs

What business clients should know about EINs

Deloitte sued over alleged role in Singapore trader collapse

Deloitte sued over alleged role in Singapore trader collapse

Bipartisan Senators craft infrastructure plan with no tax hikes

Bipartisan Senators craft infrastructure plan with no tax hikes

IRS crackdown on green tax break targets Atlanta accountant

IRS crackdown on green tax break targets Atlanta accountant

World’s richest face tax blow after 40% wealth surge to $8.4T

World’s richest face tax blow after 40% wealth surge to $8.4T

Tax Strategy: What’s new in the FY 2022 budget and the Green Book?

Tax Strategy: What’s new in the FY 2022 budget and the Green Book?

Top House Republican to probe Duhnke's firing from PCAOB

Top House Republican to probe Duhnke's firing from PCAOB

Armanino and Brown Smith Wallace to merge

Armanino and Brown Smith Wallace to merge

Indiana Society of CPAs awards 2021-2022 student scholarships

Indiana Society of CPAs awards 2021-2022 student scholarships

Deadline extended: Accounting Today's 2021 VAR 100

Deadline extended: Accounting Today's 2021 VAR 100

QuickBooks prices increase

QuickBooks prices increase

SASB and IIRC complete merger to form Value Reporting Foundation

SASB and IIRC complete merger to form Value Reporting Foundation

IRS chief asks Congress for authority to get cryptocurrency data

IRS chief asks Congress for authority to get cryptocurrency data

Big Four’s share of public co. audits dips

Big Four’s share of public co. audits dips

Exit signs? Tax pros ponder early retirement

Exit signs? Tax pros ponder early retirement

AI is everywhere, and other tech stories you may have missed

AI is everywhere, and other tech stories you may have missed

CAS: A live reality show of your client’s business

CAS: A live reality show of your client’s business

In the blogs: The fine print

In the blogs: The fine print

AICPA offers audit guidance on use of specialists and pricing info

AICPA offers audit guidance on use of specialists and pricing info

Audit fees expected to rise 62% this year

Audit fees expected to rise 62% this year

Attracting marquee clients is a marathon, not a sprint

Attracting marquee clients is a marathon, not a sprint

New tax regime won’t push big tech companies out of Ireland

New tax regime won’t push big tech companies out of Ireland

Small business cries foul as states tax their federal bailouts

Small business cries foul as states tax their federal bailouts

A post-tax season IRS update

A post-tax season IRS update

Want to sell the family business? Brace for a huge tax bill under Biden’s proposals

Want to sell the family business? Brace for a huge tax bill under Biden’s proposals

U.S. billionaires faced tax rates as low as 0%: ProPublica

U.S. billionaires faced tax rates as low as 0%: ProPublica

Creating a culture of motivation

Creating a culture of motivation

G-7 deal to tax corporations more will affect climate policy

G-7 deal to tax corporations more will affect climate policy

IRS mailing millions of letters about Child Tax Credits

IRS mailing millions of letters about Child Tax Credits

KPMG launches free corporate board diversity tool

KPMG launches free corporate board diversity tool

HR copes with tax challenges of remote work

HR copes with tax challenges of remote work

SD Mayer to merge in TNT

SD Mayer to merge in TNT

Art of Accounting: Partner meetings

Art of Accounting: Partner meetings

Amanda Aguillard named COO of Padgett

Amanda Aguillard named COO of Padgett

Big tech watches tide turning on taxes after its years of plenty

Big tech watches tide turning on taxes after its years of plenty

NYSSCPA elects first woman of color as president

NYSSCPA elects first woman of color as president

Global tax floor at 15% is significant step, says OECD sec gen

Global tax floor at 15% is significant step, says OECD sec gen

The PPP and the future beyond the pandemic

The PPP and the future beyond the pandemic

G-7 strikes deal to revamp tax rules for biggest firms

G-7 strikes deal to revamp tax rules for biggest firms

Shakeup at the PCAOB: SEC removes Duhnke, plans new board members

Shakeup at the PCAOB: SEC removes Duhnke, plans new board members

Hong Kong’s auditor watchdog calls for major improvements

Hong Kong’s auditor watchdog calls for major improvements

Nearly half of firms say COVID-19 spurred innovation, growth: Study

Nearly half of firms say COVID-19 spurred innovation, growth: Study

G-7 nears deal on minimum tax, still talking on tech levies

G-7 nears deal on minimum tax, still talking on tech levies

Biden floats 15% minimum corporate tax in talks with GOP

Biden floats 15% minimum corporate tax in talks with GOP

AI bookkeeping: The future of accounting for business

AI bookkeeping: The future of accounting for business

Tax Fraud Blotter: Unhealthy activities

Tax Fraud Blotter: Unhealthy activities

Hoogervorst reflects on IFRS growth as term nears end at IASB

Hoogervorst reflects on IFRS growth as term nears end at IASB

CPA executives anticipate strong economy

CPA executives anticipate strong economy

Proposed corporate tax hikes threaten U.S. competition abroad and at home

Proposed corporate tax hikes threaten U.S. competition abroad and at home

PFS Corp. readies second 2021 pool of insurance premium finance loans

PFS Corp. readies second 2021 pool of insurance premium finance loans

Drugmaker AbbVie grilled on U.S. taxes by Senate Finance chair

Drugmaker AbbVie grilled on U.S. taxes by Senate Finance chair

Map for global tax revamp runs from London to Rome, via Venice

Map for global tax revamp runs from London to Rome, via Venice

Ultrarich fleeing to Puerto Rico find the IRS already waiting

Ultrarich fleeing to Puerto Rico find the IRS already waiting

Biden targets crypto tax evaders in global data-sharing pitch

Biden targets crypto tax evaders in global data-sharing pitch

Private sector added 978K jobs in May

Private sector added 978K jobs in May

The 2021 Billion-Dollar Wealth Magnets

The 2021 Billion-Dollar Wealth Magnets

Auditors focusing more on ESG risks

Auditors focusing more on ESG risks

ICPAS announces 2021 academic scholarship recipients

ICPAS announces 2021 academic scholarship recipients

SAP intros AI-powered expense solution for Concur, and more

SAP intros AI-powered expense solution for Concur, and more

Diamond Communications floats $738 million in ABS to finance towers, other sites

Diamond Communications floats $738 million in ABS to finance towers, other sites

Small-business job and wage growth slowed slightly in May

Small-business job and wage growth slowed slightly in May

Moving from talk to results at firms

Moving from talk to results at firms

SALT cap confounds doomsayers as fears of exodus prove overblown

SALT cap confounds doomsayers as fears of exodus prove overblown

Global negotiators tussle over revenue threshold in tax talks

Global negotiators tussle over revenue threshold in tax talks

Deloitte commits $75M toward diverse CPAs

Deloitte commits $75M toward diverse CPAs

Biden targets a tax break that helped Trump build his fortune

Biden targets a tax break that helped Trump build his fortune

Tax changes in the wind

Tax changes in the wind

IRS seeks nominations for 2022 Advisory Council

IRS seeks nominations for 2022 Advisory Council

In the blogs: Nothing’s free

In the blogs: Nothing’s free

Big tax bills to hit even modest inheritances if step-up in basis narrows

Big tax bills to hit even modest inheritances if step-up in basis narrows

TCJA international tax rules proved onerous for multinationals

TCJA international tax rules proved onerous for multinationals

Bloomberg enhances State NOL Manager

Bloomberg enhances State NOL Manager

GASB proposes to ease requirements for accounting changes, error corrections

GASB proposes to ease requirements for accounting changes, error corrections

States challenge American Rescue Plan’s tax cut ban

States challenge American Rescue Plan’s tax cut ban

Wipfli adds Mueller Prost

Wipfli adds Mueller Prost

Search is on for leaders of future International Sustainability Standards Board

Search is on for leaders of future International Sustainability Standards Board

PwC US expands transgender-related health care benefits

PwC US expands transgender-related health care benefits

The accountant's survival trap: 10 ways to escape

The accountant's survival trap: 10 ways to escape

Global tax deal may not come until October, OECD’s Gurria says

Global tax deal may not come until October, OECD’s Gurria says