Dubai Chartered Accountant

Showing posts from March, 2022Show all

Happy April 1 Day

Happy April 1 Day

Tax Fraud Blotter: Crook of all trades

Tax Fraud Blotter: Crook of all trades

FASB expands CECL disclosures to address troubled debt restructurings, write-offs

FASB expands CECL disclosures to address troubled debt restructurings, write-offs

Federal court vacates IRS notice on micro-captives

Federal court vacates IRS notice on micro-captives

Workers defrauded employers $4.7T each year

Workers defrauded employers $4.7T each year

Your advantage in financial planning

Your advantage in financial planning

Filing season so far: Frustrating but predictable

Filing season so far: Frustrating but predictable

Problems = solutions

Problems = solutions

IRS continues to audit poorest families more heavily

IRS continues to audit poorest families more heavily

Taxpayer advocate urges IRS to use scanners to cut backlog

Taxpayer advocate urges IRS to use scanners to cut backlog

Data: The new front in war on fraud

Data: The new front in war on fraud

PCAOB OKs charters for outside advisory groups

PCAOB OKs charters for outside advisory groups

Practice Profile: Mindfulness matters

Boomer’s Blueprint: Five advantages of cross-functional teams

Boomer’s Blueprint: Five advantages of cross-functional teams

SEC climate proposal would expand auditors’ roles

SEC climate proposal would expand auditors’ roles

In the blogs: Sales afurl

In the blogs: Sales afurl

Tax Court rules against IRS in model home case

Tax Court rules against IRS in model home case

Surgent releases audit-focused course

Surgent releases audit-focused course

FASB expands hedge accounting standard to allow multiple layers

FASB expands hedge accounting standard to allow multiple layers

Wyden questions crypto miners’ use of Opportunity Zone breaks

Wyden questions crypto miners’ use of Opportunity Zone breaks

Billionaires and private equity would see tax hikes in Biden’s plan

Billionaires and private equity would see tax hikes in Biden’s plan

IRS suspends notices to tax-exempt organizations

IRS suspends notices to tax-exempt organizations

Avalara launches low-code studio for business apps

Avalara launches low-code studio for business apps

Biden proposes 20% tax aimed at billionaires, unrealized gains

Biden proposes 20% tax aimed at billionaires, unrealized gains

Bernie Sanders floats 95% corporate tax targeting biggest U.S. companies

Bernie Sanders floats 95% corporate tax targeting biggest U.S. companies

Tech News: Fluence adds account reconciliation

Tech News: Fluence adds account reconciliation

Biden budget woos moderates with deficit cuts, flexibility, billionaire tax

Biden budget woos moderates with deficit cuts, flexibility, billionaire tax

'Sunny Gets Money' and the value of financial literacy

'Sunny Gets Money' and the value of financial literacy

Miami's GenTrust eyes big profits with Puerto Rico tax play

Miami's GenTrust eyes big profits with Puerto Rico tax play

IRS revises tax guidance on third round of Economic Impact Payments

IRS revises tax guidance on third round of Economic Impact Payments

Most tax audits of big partnerships proved fruitless

Most tax audits of big partnerships proved fruitless

BF Borgers dominates 2021 SEC client rankings

BF Borgers dominates 2021 SEC client rankings

Deadline approaches for $1.5B in unclaimed tax refunds

Deadline approaches for $1.5B in unclaimed tax refunds

Tax Fraud Blotter: Another one rides the prison bus

Tax Fraud Blotter: Another one rides the prison bus

PCAOB calls China agreement speculation ‘premature’

PCAOB calls China agreement speculation ‘premature’

IRS criminal investigators catch $1.8B in COVID fraud

IRS criminal investigators catch $1.8B in COVID fraud

IFRS Foundation and GRI agree to collaborate on ESG standards

IFRS Foundation and GRI agree to collaborate on ESG standards

The time for tax disruption is now

The time for tax disruption is now

CPAs should say no more often. Here’s why

CPAs should say no more often. Here’s why

Why tax refunds may be bigger this year

Why tax refunds may be bigger this year

More Trump tax records are sought by New York AG in asset probe

More Trump tax records are sought by New York AG in asset probe

Ex-IRS employee pleads guilty to tax evasion

Ex-IRS employee pleads guilty to tax evasion

IRS offers new guidance on unemployment compensation exclusion

IRS offers new guidance on unemployment compensation exclusion

M&A roundup: Anders, EGP make deals

M&A roundup: Anders, EGP make deals

The Great Liberation

The Great Liberation

IRS updates guidance on disclosure of tax info of government employees

IRS updates guidance on disclosure of tax info of government employees

IRS falls short on partial payment installment agreements

IRS falls short on partial payment installment agreements

Rate changes still a concern for tax execs

Rate changes still a concern for tax execs

Xero expands partnerships with US Latino community

Xero expands partnerships with US Latino community

In the blogs: Pain in the gas

In the blogs: Pain in the gas

Gray, Gray & Gray partners on cybersecurity offering

Gray, Gray & Gray partners on cybersecurity offering

Making the most of tax deductions in 2022

Making the most of tax deductions in 2022

Five key takeaways from SEC’s proposal for climate disclosures

Five key takeaways from SEC’s proposal for climate disclosures

Crypto refugees fleeing Ukraine find a haven in Bitcoin-friendly Portugal

Crypto refugees fleeing Ukraine find a haven in Bitcoin-friendly Portugal

PCAOB cautions firms on use of outside service providers for audit confirmations

PCAOB cautions firms on use of outside service providers for audit confirmations

Tech News: Study finds manual processes waste time

Tech News: Study finds manual processes waste time

Art of Accounting: 3 final tips to reduce tax preparation time

Art of Accounting: 3 final tips to reduce tax preparation time

Is accounting a boring job?

Is accounting a boring job?

Billionaire Brockman offers $1.45B to ease IRS liens

Billionaire Brockman offers $1.45B to ease IRS liens

Top Audit Firms in Dubai, UAE 2022

Top Audit Firms in Dubai, UAE 2022

Congress presses IRS on ERTC processing and tax penalty relief

Congress presses IRS on ERTC processing and tax penalty relief

Paying a nanny in Venmo? Pay attention to new tax-reporting rule

Paying a nanny in Venmo? Pay attention to new tax-reporting rule

Botkeeper announces new Botkeeper Operating System

Botkeeper announces new Botkeeper Operating System

IRS plans to improve taxpayer service with budget increase

IRS plans to improve taxpayer service with budget increase

Tax Fraud Blotter: Doctoring the numbers

Tax Fraud Blotter: Doctoring the numbers

Nonprofits face staff and budget shortfalls

Nonprofits face staff and budget shortfalls

Accounting Today seeking 2022 ‘Best Firms for Technology’

Accounting Today seeking 2022 ‘Best Firms for Technology’

IRS is ‘outgunned’ in audits of major companies, agency chief says

IRS is ‘outgunned’ in audits of major companies, agency chief says

EisnerAmper merges in Popper & Co.

EisnerAmper merges in Popper & Co.

Will private equity master accounting?

Will private equity master accounting?

Fed lifts rates a quarter point and signals more hikes to come

Fed lifts rates a quarter point and signals more hikes to come

Tax departments face more uncertainty

Tax departments face more uncertainty

Chargebee announces release of e-invoicing service

Chargebee announces release of e-invoicing service

AuditBoard rolls out new automation and analytics features

AuditBoard rolls out new automation and analytics features

California eyes retroactive income tax for remote sellers

California eyes retroactive income tax for remote sellers

Abu Dhabi Offshore Gas Discovery Announced by ADNOC

Abu Dhabi Offshore Gas Discovery Announced by ADNOC

In the blogs: Sense of fulfillment

In the blogs: Sense of fulfillment

Internal auditors examining sustainability issues

Internal auditors examining sustainability issues

Lawmakers push IRS to provide tax relief, suspend more notices

Lawmakers push IRS to provide tax relief, suspend more notices

Deloitte sees hot IPO and SPAC market, with some signs of cooling

Deloitte sees hot IPO and SPAC market, with some signs of cooling

IRS plans to hire thousands likely to fall short

IRS plans to hire thousands likely to fall short

Businesses prepare for new ESG reporting standards

Businesses prepare for new ESG reporting standards

Weaver merges in Levine & Seltzer

Weaver merges in Levine & Seltzer

Art of Accounting: One-minute test that will improve tax return quality

Art of Accounting: One-minute test that will improve tax return quality

PCAOB confirms talks with China on audit firm access

PCAOB confirms talks with China on audit firm access

Tech News: TurboTax and CoinTracker team up

Tech News: TurboTax and CoinTracker team up

China banker optimistic deal on U.S. accounting can be reached

China banker optimistic deal on U.S. accounting can be reached

Prosecutors charge ex-Wirecard chief Braun

Prosecutors charge ex-Wirecard chief Braun

Business Set up in Dubai 2022

Business Set up in Dubai 2022

The Advantages of Hiring an Accounting Firm in Dubai in 2022

The Advantages of Hiring an Accounting Firm in Dubai in 2022

FAF seeks new PCC members

FAF seeks new PCC members

Senator proposes to eliminate U.S. tax breaks for Russian taxpayers

Senator proposes to eliminate U.S. tax breaks for Russian taxpayers

Cryptocurrency did not exist in 1955. It’s time to update National Tax Day

Cryptocurrency did not exist in 1955. It’s time to update National Tax Day

Why You Need Business Advisory Services?

Why You Need Business Advisory Services?

Patriot Software patents dual-ledger feature

Patriot Software patents dual-ledger feature

Tax Fraud Blotter: Deliberately fabricated

Tax Fraud Blotter: Deliberately fabricated

NJCPA warns of charity scams exploiting Ukraine crisis

NJCPA warns of charity scams exploiting Ukraine crisis

IRS sees path to cut lengthy phone waits, massive refund backlog

IRS sees path to cut lengthy phone waits, massive refund backlog

BeachFleischman forms cross-border venture with Mexico firm

BeachFleischman forms cross-border venture with Mexico firm

4 must-haves for your next consultancy role

4 must-haves for your next consultancy role

Ledgible launches crypto tax estimate platform

Ledgible launches crypto tax estimate platform

Congressman prods Treasury to clamp down on grantor trusts

Congressman prods Treasury to clamp down on grantor trusts

IRS budget increase slashed in latest spending bill

IRS budget increase slashed in latest spending bill

Treasury fends off GOP queries on unfinished global tax deal

Treasury fends off GOP queries on unfinished global tax deal

Biden pushes for coordinated approach to crypto oversight

Biden pushes for coordinated approach to crypto oversight

COSO guidance urges more agility in risk management, auditing

COSO guidance urges more agility in risk management, auditing

In the blogs: Keep calm and staple on

In the blogs: Keep calm and staple on

St. John Fisher College accounting dept. receives $1M gift

St. John Fisher College accounting dept. receives $1M gift

IRS audits poorest families five times as much as others

IRS audits poorest families five times as much as others

IRS adds more guidance on Child Tax Credit, says prior publication is obsolete

IRS adds more guidance on Child Tax Credit, says prior publication is obsolete

Baker Tilly to acquire U.K. ERP consulting firm

Baker Tilly to acquire U.K. ERP consulting firm

How wealthy clients can turn a mortgage into a big tax deduction

How wealthy clients can turn a mortgage into a big tax deduction

Tech News: PandaDoc integrates with QBOA

Tech News: PandaDoc integrates with QBOA

Best practices for cyber-insurance coverage

Best practices for cyber-insurance coverage

Boomer’s Blueprint: Thinking and provoking

Boomer’s Blueprint: Thinking and provoking

Boomer’s Blueprint: Thinking and provoking

Boomer’s Blueprint: Thinking and provoking

Pathways to Growth: How does your garden grow?

Pathways to Growth: How does your garden grow?

Who Is Required to Register for VAT?

Who Is Required to Register for VAT?

How to Obtain a Gold Trading License in the United Arab Emirates

How to Obtain a Gold Trading License in the United Arab Emirates

Perspectives on the UAE Economic Substance Regulations

Perspectives on the UAE Economic Substance Regulations

IRS sets up Taxpayer Experience Office

IRS sets up Taxpayer Experience Office

The dog ate my Lego

The dog ate my Lego

DIY vs. tax pro: How taxpayers choose

DIY vs. tax pro: How taxpayers choose

IRS updates guidance on tax credits for paid leave

IRS updates guidance on tax credits for paid leave

Employers added 678K jobs in February, but lost 800 in accounting

Employers added 678K jobs in February, but lost 800 in accounting

Tax Fraud Blotter: Dead wrongs

Tax Fraud Blotter: Dead wrongs

Corvee launches program to help tax pros get into advisory

Corvee launches program to help tax pros get into advisory

Citrin Cooperman merges in two South Florida firms

Citrin Cooperman merges in two South Florida firms

Five Things to Consider Before Starting a Hotel in Dubai

Five Things to Consider Before Starting a Hotel in Dubai

Accounting Methods That Are Important

Accounting Methods That Are Important

Firms hope Congress will delay R&D tax and accounting changes

Firms hope Congress will delay R&D tax and accounting changes

IRS releases new guidance on Earned Income Tax Credit

IRS releases new guidance on Earned Income Tax Credit

Hungerford Nichols merges in Ferris, Busscher & Zwiers

Hungerford Nichols merges in Ferris, Busscher & Zwiers

IFRS Foundation plans ISSB offices in Germany

IFRS Foundation plans ISSB offices in Germany

Is it safe? 10 steps to better firm security

Is it safe? 10 steps to better firm security

AICPA picks 10 companies for Startup Accelerator

AICPA picks 10 companies for Startup Accelerator

FAF looks for a new chair

FAF looks for a new chair

Wayfair-based litigation heats up in Louisiana

Wayfair-based litigation heats up in Louisiana

KPMG set to drop some clients over Russian sanctions

KPMG set to drop some clients over Russian sanctions

Payroll Management System Dubai

Payroll Management System Dubai