Dubai Chartered Accountant

Showing posts from September, 2021Show all

Manchin wants Biden social spending plan cut to $1.5T

Manchin wants Biden social spending plan cut to $1.5T

Build the perfect spousal lifetime access trust

Build the perfect spousal lifetime access trust

Tax Fraud Blotter: Next year, same victims

Tax Fraud Blotter: Next year, same victims

Aprio to take over RSM’s Firm Foundation

Aprio to take over RSM’s Firm Foundation

MindBridge recognizes four firms for innovation in audit

MindBridge recognizes four firms for innovation in audit

Firms named to Working Mother's 2021 'Best Companies' list

Firms named to Working Mother's 2021 'Best Companies' list

Banks enlist customers to kill Biden’s account data reporting plan

Banks enlist customers to kill Biden’s account data reporting plan

Bankers charged with helping hedge fund manager dodge taxes

Bankers charged with helping hedge fund manager dodge taxes

Global tax talks race to resolve hurdles with time running out

Global tax talks race to resolve hurdles with time running out

QuickBooks Desktop will be subscription-only in 2022

QuickBooks Desktop will be subscription-only in 2022

Accountants’ liability insurance: Heading for a hard market

Accountants’ liability insurance: Heading for a hard market

The 2021 Accountant's Malpractice Insurance Buyer's Guide

The 2021 Accountant's Malpractice Insurance Buyer's Guide

Get ready for a resurrection of the Superfund tax

Get ready for a resurrection of the Superfund tax

IRS making progress on two security solutions

IRS making progress on two security solutions

Eide Bailly names next managing partner and CEO

Eide Bailly names next managing partner and CEO

BPM launches 'Virtual Region' workplace

BPM launches 'Virtual Region' workplace

KPMG sponsors new web series on investing and IPOs

KPMG sponsors new web series on investing and IPOs

Cloud hosting: ‘A solution for every firm’

Cloud hosting: ‘A solution for every firm’

Boomer’s Blueprint: The edge ... an advantage in a changing market

Boomer’s Blueprint: The edge ... an advantage in a changing market

PCAOB calls for more comments on working with other auditors

PCAOB calls for more comments on working with other auditors

New members join IRS ETAAC

New members join IRS ETAAC

Dems eye narrowing Biden plan on bank reporting to IRS

Dems eye narrowing Biden plan on bank reporting to IRS

SALT agreement near, lawmakers say

SALT agreement near, lawmakers say

In the blogs: Headline news

In the blogs: Headline news

Washington firm strengthens cross-border business with merger

Washington firm strengthens cross-border business with merger

The return to work: More ‘new’ than ‘normal’

The return to work: More ‘new’ than ‘normal’

Accountants reply: Is it too hard to become a CPA?

Accountants reply: Is it too hard to become a CPA?

Did we ask the wrong question about becoming a CPA?

Did we ask the wrong question about becoming a CPA?

Proposed tax hikes accelerate business deals

Proposed tax hikes accelerate business deals

IRS: More time to replace livestock after drought

IRS: More time to replace livestock after drought

Pipe launches trading platform that turns recurring revenue streams into assets

Pipe launches trading platform that turns recurring revenue streams into assets

Biden tax changes look uncertain in Congress

Biden tax changes look uncertain in Congress

New fee for estate closing letters from IRS

New fee for estate closing letters from IRS

IRS didn’t spot $20.6M in bogus nonresident tax refunds

IRS didn’t spot $20.6M in bogus nonresident tax refunds

Trump probe by Vance has collected millions of internal records

Trump probe by Vance has collected millions of internal records

U.K.’s FRC fines Grant Thornton $3.1M for audit work

U.K.’s FRC fines Grant Thornton $3.1M for audit work

Accounting Today calls for nominations for 2021 Top 100 People

Accounting Today calls for nominations for 2021 Top 100 People

Art of Accounting: Expectation gap

Art of Accounting: Expectation gap

The fight against fraud

The fight against fraud

Pelosi’s Democrats head for showdown this week on Biden’s agenda

Pelosi’s Democrats head for showdown this week on Biden’s agenda

House budget panel advances Biden’s giant tax and spending bill

House budget panel advances Biden’s giant tax and spending bill

Accountants face challenges with ESG reporting

Accountants face challenges with ESG reporting

On the move: MACPA honors 2021 Women to Watch

On the move: MACPA honors 2021 Women to Watch

From dancer to tax accountant, a career evolves

From dancer to tax accountant, a career evolves

Private equity and you: Keep your eyes wide open

Private equity and you: Keep your eyes wide open

Firms giving back: Henry + Horne participates in 9/11 Memorial Stair Climb

Firms giving back: Henry + Horne participates in 9/11 Memorial Stair Climb

Russian gas executive accused by U.S. of tax crimes

Russian gas executive accused by U.S. of tax crimes

NYU professor at White House finds Democrats wary of taxing rich

NYU professor at White House finds Democrats wary of taxing rich

Democrats agree to narrow Biden plan giving IRS bank data

Democrats agree to narrow Biden plan giving IRS bank data

House Democrats plan Saturday votes to advance tax, spend plan

House Democrats plan Saturday votes to advance tax, spend plan

Tax Fraud Blotter: Mom made me do it

Tax Fraud Blotter: Mom made me do it

IMA spotlights CMA in new recruitment campaign

IMA spotlights CMA in new recruitment campaign

Tech news: Xero debuts new Square integration, retires old one

Tech news: Xero debuts new Square integration, retires old one

KPMG urges boards to focus on climate risks

KPMG urges boards to focus on climate risks

5 smart ways to recruit candidates with disabilities

5 smart ways to recruit candidates with disabilities

Biden battles for budget deal amid Democratic infighting

Biden battles for budget deal amid Democratic infighting

White House decries low taxes for rich as Congress works on plan

White House decries low taxes for rich as Congress works on plan

Integra Audit & Accounting Alert September 2021

Integra Audit & Accounting Alert September 2021

Benefits of an Offshore Company Formation

Benefits of an Offshore Company Formation

New IRS site gives insight into Joint Committee cases

New IRS site gives insight into Joint Committee cases

IRS signs three new collection agencies

IRS signs three new collection agencies

ADP introduces DEI benchmarking for DataCloud

ADP introduces DEI benchmarking for DataCloud

Is it too hard to become a CPA? Practitioners speak out

Is it too hard to become a CPA? Practitioners speak out

PCAOB adopts rules for HFCAA determinations

PCAOB adopts rules for HFCAA determinations

AOC's 'Tax the Rich' dress could've used a different slogan

AOC's 'Tax the Rich' dress could've used a different slogan

The next step in cybersecurity: ‘Zero Trust’

The next step in cybersecurity: ‘Zero Trust’

Doing the math: Deal killers on the path to partner

Doing the math: Deal killers on the path to partner

Armanino expands in Southern California

Armanino expands in Southern California

New customer comms tool integrates with QuickBooks

New customer comms tool integrates with QuickBooks

Gilded launches crypto tool for QuickBooks

Gilded launches crypto tool for QuickBooks

In the blogs: Long-standing questions

In the blogs: Long-standing questions

Treasury to eye ‘clawback’ of estate and gift taxes from trusts used by the wealthy

Treasury to eye ‘clawback’ of estate and gift taxes from trusts used by the wealthy

The SALT debate could change American politics

The SALT debate could change American politics

Tech millionaires fear their favorite tax break will be chopped

Tech millionaires fear their favorite tax break will be chopped

The SALT limitation from a different perspective

The SALT limitation from a different perspective

Tax Strategy: Will we see SECURE 2.0 enacted, and when?

Tax Strategy: Will we see SECURE 2.0 enacted, and when?

The tax troubles of travelling entertainers

The tax troubles of travelling entertainers

IRS sent thousands of premature tax collection notices during pandemic

IRS sent thousands of premature tax collection notices during pandemic

IFAC and ACCA see need for reliable climate accounting

IFAC and ACCA see need for reliable climate accounting

Black CPA Centennial honors inaugural '40 Under 40'

Black CPA Centennial honors inaugural '40 Under 40'

Art of Accounting: Insanity cure

Art of Accounting: Insanity cure

Why KPMG U.K. asks employees about their parents’ jobs

Why KPMG U.K. asks employees about their parents’ jobs

Turning Trump’s CFO won’t be easy for New York prosecutors

Turning Trump’s CFO won’t be easy for New York prosecutors

Pelosi on center stage with Biden’s $4T agenda at risk

Pelosi on center stage with Biden’s $4T agenda at risk

Problems in the CPA pipeline

Problems in the CPA pipeline

On the move: GT names first nat’l managing director of culture, immersion & inclusion

On the move: GT names first nat’l managing director of culture, immersion & inclusion

Private equity firms take stakes in accounting firms

Private equity firms take stakes in accounting firms

SALT break would erase most of House’s tax hikes for top 1%

SALT break would erase most of House’s tax hikes for top 1%

COSO, Deloitte offer AI risk management guide

COSO, Deloitte offer AI risk management guide

Kansas Society of CPAs names 2021-2022 'Lead to the Future' class

Kansas Society of CPAs names 2021-2022 'Lead to the Future' class

Make effective use of third-party audit rights

Make effective use of third-party audit rights

Tax Fraud Blotter: Bumper to bumper to big house

Tax Fraud Blotter: Bumper to bumper to big house

Greatland Corporation buys W-2/1099 prep company Jasteck

Greatland Corporation buys W-2/1099 prep company Jasteck

IRIS Software Group buys doc management company Conarc

IRIS Software Group buys doc management company Conarc

Building a cannabis practice at your CPA firm

Building a cannabis practice at your CPA firm

Baker Tilly to acquire ACT

Baker Tilly to acquire ACT

Armanino launches ESG advisory practice

Armanino launches ESG advisory practice

Biden to turn up pressure on Democrats balking at spending bill

Biden to turn up pressure on Democrats balking at spending bill

Moss Adams names next chairman and CEO

Moss Adams names next chairman and CEO

EY releases inaugural report measuring global impact

EY releases inaugural report measuring global impact

‘Unplugged vacations’ benefit you and your firm

‘Unplugged vacations’ benefit you and your firm

S&P 100’s overall tax rate inched up in 2020

S&P 100’s overall tax rate inched up in 2020

A price jump for Office 365, and other tech stories you may have missed

A price jump for Office 365, and other tech stories you may have missed

Ask a behavioral economist: How to build a workplace of choice

Ask a behavioral economist: How to build a workplace of choice

Roth IRAs become the hottest tax break of the rich

Roth IRAs become the hottest tax break of the rich

Democrats’ tax plan kills backdoor Roths, sharply curbs founder stock loophole

Democrats’ tax plan kills backdoor Roths, sharply curbs founder stock loophole

PwC focuses on trust in reorganized firm

PwC focuses on trust in reorganized firm

Tech news: TPS injects dog humor into practice management software, and more

Tech news: TPS injects dog humor into practice management software, and more

Dems, Yellen working on new bank reporting to IRS

Dems, Yellen working on new bank reporting to IRS

Tax hikes to pay for Biden agenda approved by House committee

Tax hikes to pay for Biden agenda approved by House committee

Grant Thornton picks new CEO-elect

Grant Thornton picks new CEO-elect

Senators introduce disaster tax relief bill backed by AICPA

Senators introduce disaster tax relief bill backed by AICPA

New disclosures under CECL require careful attention

New disclosures under CECL require careful attention

ADP improves RUN payroll system, adds vaccine tracking

ADP improves RUN payroll system, adds vaccine tracking

FASB proposes changes in fair value measurement of equities

FASB proposes changes in fair value measurement of equities

Cal State Fullerton adds School of Accountancy

Cal State Fullerton adds School of Accountancy

10 key benefits of hiring employees with disabilities

10 key benefits of hiring employees with disabilities

Yellen’s Treasury work blunted with many key posts unfilled

Yellen’s Treasury work blunted with many key posts unfilled

Top Democrat says Biden inheritance-tax plan short of votes

Top Democrat says Biden inheritance-tax plan short of votes

In the blogs: Now the fun begins

In the blogs: Now the fun begins

IRS closing paper tax return processing center in Fresno

IRS closing paper tax return processing center in Fresno

Accountants can help companies navigate future uncertainties amid pandemic

Accountants can help companies navigate future uncertainties amid pandemic

AICPA offers advice for employee benefit auditors

AICPA offers advice for employee benefit auditors

Inflation brings big changes in tax brackets

Inflation brings big changes in tax brackets

Connect with your clients by building relationships of trust

Connect with your clients by building relationships of trust

SALT cap rollback for two years debated by House Democrats

SALT cap rollback for two years debated by House Democrats

Alexandria Ocasio-Cortez brings ‘tax the rich’ message to New York’s elite

Alexandria Ocasio-Cortez brings ‘tax the rich’ message to New York’s elite

Intuit to acquire email marketer Mailchimp for $12B

Intuit to acquire email marketer Mailchimp for $12B

Biden allies shy from taxing rich, eroding inequality pledge

Biden allies shy from taxing rich, eroding inequality pledge

Wolters Kluwer launches free audit data analytics library

Wolters Kluwer launches free audit data analytics library

No sales tax changes at state level, but a record number for localities

No sales tax changes at state level, but a record number for localities

Bombshell tax draft throws curveball at retirement plans, inheritances, levies on the rich

Bombshell tax draft throws curveball at retirement plans, inheritances, levies on the rich

Accountants and ESG

Accountants and ESG

COVID-19 having long-term impact on internal audit

COVID-19 having long-term impact on internal audit

BKD debuts analytics product for payments risk

BKD debuts analytics product for payments risk

Data jail, going green, and client delight: Strategies for growth

Data jail, going green, and client delight: Strategies for growth

Crypto tax-reporting changes may lead to IRS crackdown

Crypto tax-reporting changes may lead to IRS crackdown

Art of Accounting: Overcoming insanity

Art of Accounting: Overcoming insanity

The latest tax-avoidance trick probably isn’t for your clients

The latest tax-avoidance trick probably isn’t for your clients

Biden’s child tax credit plan backed by House Democrats

Biden’s child tax credit plan backed by House Democrats

House Democrats issue tax plan with top corporate rate of 26.5%

House Democrats issue tax plan with top corporate rate of 26.5%

User Guide For Economic Substance Regulations Appeal

User Guide For Economic Substance Regulations Appeal

Etisalat, Emirates Steel and Taqa join national programme to boost local manufacturing

Etisalat, Emirates Steel and Taqa join national programme to boost local manufacturing

IRS: COVID tests are eligible medical expenses

IRS: COVID tests are eligible medical expenses

$16B in EITC payments in 2020 may have been improper

$16B in EITC payments in 2020 may have been improper

SBA ups EIDL loan maximum to $2M

SBA ups EIDL loan maximum to $2M

The second pillar of credit and incentive projects: Timing

The second pillar of credit and incentive projects: Timing

3 tech keys for empowering accountants

3 tech keys for empowering accountants

Top Senate Democrats float 2% excise tax on stock buybacks

Top Senate Democrats float 2% excise tax on stock buybacks

Biden’s remaking of safety net moves ahead in House panels

Biden’s remaking of safety net moves ahead in House panels

On the move: EisnerAmper expands digital health services line

On the move: EisnerAmper expands digital health services line

IRS hit with programming bug on COVID-19 tax relief

IRS hit with programming bug on COVID-19 tax relief

SALT cap confounds House Dems crafting taxes for Biden plan

SALT cap confounds House Dems crafting taxes for Biden plan

PwC increases ESG services

PwC increases ESG services

AICPA Foundation awards 2021 Minority Doctoral Fellowships

AICPA Foundation awards 2021 Minority Doctoral Fellowships

Tax Fraud Blotter: Skullduggery

Tax Fraud Blotter: Skullduggery

Crowe adds tech firm Upaya

Crowe adds tech firm Upaya

CAQ reports on climate risks and audited financial statements

CAQ reports on climate risks and audited financial statements

CRI merges in Sharrard McGee

CRI merges in Sharrard McGee

Deloitte global revenue increases to $50.2B

Deloitte global revenue increases to $50.2B

Make sure you do geographic expansion right at your firm

Make sure you do geographic expansion right at your firm

New York, New Jersey Ida victims get tax relief

New York, New Jersey Ida victims get tax relief

Treasury: Super-rich owe $307 billion in unpaid taxes every year

Treasury: Super-rich owe $307 billion in unpaid taxes every year

Democratic divisions jeopardize scope of Biden economic plan

Democratic divisions jeopardize scope of Biden economic plan

Many tax pros are undercharging clients: NATP

Many tax pros are undercharging clients: NATP

Meet the 2021 Best Small Firms to Work For

Meet the 2021 Best Small Firms to Work For

Meet the 2021 Best Midsized and Large Firms to Work For

Meet the 2021 Best Midsized and Large Firms to Work For

HBK boosts IT services with merger

HBK boosts IT services with merger

IFAC: Accountants should act now on climate reporting

IFAC: Accountants should act now on climate reporting

New model W-2 language for sick and family leave wages

New model W-2 language for sick and family leave wages

Did the TCJA reduce wealth inequality?

Did the TCJA reduce wealth inequality?

Sovos buys 1099 Pro

Sovos buys 1099 Pro

In the blogs: Let’s be honest

In the blogs: Let’s be honest

COVID led to big backlogs, bad penalties for biz returns: TIGTA

COVID led to big backlogs, bad penalties for biz returns: TIGTA

Tax relief for disaster victims in California, Tennessee

Tax relief for disaster victims in California, Tennessee

Biden's tax increases: Drama in the shifting state of play

Biden's tax increases: Drama in the shifting state of play

8 strategies for getting ahead of the Great Resignation

8 strategies for getting ahead of the Great Resignation

Art of Accounting: Using time most propitiously

Art of Accounting: Using time most propitiously

Senate Democrats eye taxes on stock buybacks, excess CEO pay

Senate Democrats eye taxes on stock buybacks, excess CEO pay

IRS updates per diem rates for travel expenses for 2021-2022

IRS updates per diem rates for travel expenses for 2021-2022

The tax disadvantages of a life insurance sale, and a better alternative

The tax disadvantages of a life insurance sale, and a better alternative

On the move: Weaver promotes pair of partners in charge

On the move: Weaver promotes pair of partners in charge

Fund managers feel heat in SEC crackdown on overblown ESG labels

Fund managers feel heat in SEC crackdown on overblown ESG labels

Kraft Heinz to pay $62M to settle SEC accounting probe

Kraft Heinz to pay $62M to settle SEC accounting probe

Employers added 235K jobs in August, including 4.4K in accounting

Employers added 235K jobs in August, including 4.4K in accounting

5 reasons staff are leaving your firm

5 reasons staff are leaving your firm

Tech news: Expensify’s charitable arm awards $25k to 10 grassroots orgs, and more

Tech news: Expensify’s charitable arm awards $25k to 10 grassroots orgs, and more

Tax Fraud Blotter: No free lunch

Tax Fraud Blotter: No free lunch

Eide Bailly CIO becomes new ITA chair

Eide Bailly CIO becomes new ITA chair

Jim Simons, RenTech insiders to pay IRS billions in back taxes

Jim Simons, RenTech insiders to pay IRS billions in back taxes

IRS permanently allows e-signatures on dozens of tax forms

IRS permanently allows e-signatures on dozens of tax forms

M&A roundup: CBIZ, DHG, Hawkins Ash, Meaden & Moore, and Deloitte expand

M&A roundup: CBIZ, DHG, Hawkins Ash, Meaden & Moore, and Deloitte expand

SBA fast loan forgiveness portal helps PPP borrowers, but uncertainties remain

SBA fast loan forgiveness portal helps PPP borrowers, but uncertainties remain

IRS lists R&D tax credit among its Dirty Dozen, so is it still safe to claim?

IRS lists R&D tax credit among its Dirty Dozen, so is it still safe to claim?

The very rich already have a plan to escape Biden’s tax increase

The very rich already have a plan to escape Biden’s tax increase

Billions paid in fraudulent virus aid, pandemic watchdog finds

Billions paid in fraudulent virus aid, pandemic watchdog finds

Trump Organization employees to testify before N.Y. grand jury in tax fraud case

Trump Organization employees to testify before N.Y. grand jury in tax fraud case

AICPA names 2021 George Willie Scholarship and Internship recipients

AICPA names 2021 George Willie Scholarship and Internship recipients

Leading business owners to the exit

Leading business owners to the exit

NASBA announces 2021 Accounting Education Research Grants recipients

NASBA announces 2021 Accounting Education Research Grants recipients

Are the DOJ and IRS backpedaling on considering cryptocurrency as property?

Are the DOJ and IRS backpedaling on considering cryptocurrency as property?

Baker Tilly to acquire accounting tech services company AcctTwo

Baker Tilly to acquire accounting tech services company AcctTwo

KPMG accused of giving U.K. regulator ‘false and misleading’ data

KPMG accused of giving U.K. regulator ‘false and misleading’ data

Intuit in talks to buy Mailchimp for more than $10B

Intuit in talks to buy Mailchimp for more than $10B

5 mistakes to avoid in your return-to-office plans

5 mistakes to avoid in your return-to-office plans

Capital-gains tax hike exposes divisions among House Democrats

Capital-gains tax hike exposes divisions among House Democrats

Child tax credits help poorest Americans pay off costly debt

Child tax credits help poorest Americans pay off costly debt

Private sector added 374K jobs in August

Private sector added 374K jobs in August

Neat introduces NeatBooks and NeatInvoices

Neat introduces NeatBooks and NeatInvoices

Vic.ai rakes in $50M in Series B funds

Vic.ai rakes in $50M in Series B funds