|
Apr 10, 2020
Michael Decker, vice president of examinations at the AICPA, shares a number of potential and planned changes to the CPA Exam.
|
|
Apr 10, 2020
The Internal Revenue Service and the Treasury Department are extending a number of tax deadlines for individuals, trusts, estates, corporations and others due to the impact of the novel coronavirus.
|
|
Apr 09, 2020
The Big Four firm and its KPMG U.S. Foundation will support nonprofits across the country directly impacted by the ongoing pandemic.
|
|
Apr 09, 2020
Fate sealed; insults to injury; thanks, dad; and other highlights of recent tax cases.
|
|
Apr 09, 2020
Professional services firm Accenture has acquired Revolutionary Security for an undisclosed sum, making it the third cybersecurity purchase for the firm this year. Revolutionary Security provides cybersecurity services for critical infrastructure sectors, of which financial services is one.
|
|
Apr 09, 2020
BKD promotes 32; Grant Thornton hires fraud risk senior manager; and more CPA news.
|
|
Apr 09, 2020
Chris Mitchell, a consulting principal within Crowe's technology, media and telecommunications services group, will oversee inclusive practices at the Top 10 Firm.
|
|
Apr 09, 2020
Officials in Brussels may ask Europe's financial industry to make a joint pledge to keep credit flowing to companies hurt by the coronavirus pandemic.
|
|
Apr 09, 2020
The International Accounting Standards Board proposed amendments to assist companies in providing useful information to investors about the effects of interest rate benchmark reform on financial statements.
|
|
Apr 08, 2020
The Financial Accounting Standards Board plans to propose that private companies and not-for-profit organizations get an extra year to implement the lease accounting standard while they deal with the pandemic, while also giving private franchisor companies an extra year to get ready for the revenue recognition standard.
|
|
Apr 08, 2020
The prediction of job elimination via technology has been made eleven times throughout history. It still hasn't happened.
|
|
Apr 08, 2020
The American Institute of CPAs has posted a set of frequently asked questions and answers aimed at helping CPAs and their clients with tax filing and tax relief in response to the novel coronavirus pandemic, while pointing out the various shortcomings in the federal government's response.
|
|
Apr 08, 2020
Cherry Bekaert, a Top 25 Firm based in Richmond, Virginia, has acquired Tax Advantage Group, a consulting firm in Greenville, South Carolina that specializes in providing services related to the New Markets Tax Credit to clients across the U.S.
|
|
Apr 08, 2020
The charitable partner of the Illinois CPA Society is providing 16 laptops to local accounting students who are in need of technology at home following school closures.
|
|
Apr 08, 2020
Taxpayers who meet the requirements for investing in an opportunity zone can potentially take advantage of increased depreciation deductions through cost segregation, further decreasing their tax liability.
|
|
Apr 08, 2020
Now is the time for CPAs to show up as a trusted advisor with good judgment, steady energy and a great, empathetic connection with their clients.
|
|
Apr 08, 2020
China's second accounting scandal in less than a week is underscoring concern over lax corporate governance at some of the country's fastest-growing companies.
|
|
Apr 08, 2020
Teams everywhere will be battling the emotional complexities of COVID-19; here are some helpful strategies.
|
|
Apr 08, 2020
The program is designed to stop the spread of misinformation, answering basic questions about vaccines and testing.
|
|
Apr 07, 2020
The PPP; customer service now; answers and CARES; and other highlights from our favorite tax bloggers.
|
|
Apr 07, 2020
The coronavirus has caught a number of states off guard, threatening their revenue and impairing their ability to meet obligations that have grown as a result of the epidemic.
|
|
Apr 07, 2020
The Internal Revenue Service is including a question at the top of Schedule 1 of the Form 1040 this year asking taxpayers whether they received, sold, sent, exchanged or acquired a financial interest in virtual currency in 2019, but most taxpayers won't have any record from a Form 1099 about their cryptocurrency transactions.
|
|
Apr 07, 2020
Even before the start of the coronavirus pandemic, the federal government was facing dire financial conditions, with its overall financial condition worsening by $8.16 trillion in 2019, according to a new analysis.
|
|
Apr 07, 2020
The pandemic has prompted confidence among accountants to fall to its lowest levels on record in all regions of the world during the first quarter of the year.
|
|
Apr 07, 2020
Establish a communication plan now, so your firm can come out of this crisis stronger than ever. Here are three key steps to follow.
|
|
Apr 07, 2020
COVID-19 has created the largest health and economic crisis in decades.
|
|
Apr 07, 2020
The current pandemic offers opportunities for firms that are ready to change.
|
|
Apr 06, 2020
It is important to look at cost segregation and what it can do for a taxpayer.
|
|
Apr 06, 2020
The Governmental Accounting Standards Board is working on several fronts to offer relief to state and local governments and other stakeholders in the midst of the pandemic, including delaying the effective date of some standards.
|
|
Apr 06, 2020
CLA Intuition 2.0 uses interactive dashboards designed to bring greater financial insight and clarity to navigate change during these unprecedented times.
|
|
Apr 06, 2020
The tool is available for small businesses, CFOs and accounting firms to help them navigate the program, which can be complex, and increase the speed of the application process.
|
|
Apr 06, 2020
Keeping in touch with clients is very important, especially during this period of isolation. Here is a way to provide updates to clients regarding their tax returns and to keep in touch generally.
|
|
Apr 06, 2020
Richard Branson moved assets from the U.S. to the British Virgin Islands, highlighting his use of tax havens at a time one of his businesses sought a state bailout because of the coronavirus pandemic.
|
|
Apr 06, 2020
The U.S. government's $2.2 trillion stimulus package comes with a perk for high fliers: Flights are getting cheaper for some private-jet customers.
|
|
Apr 06, 2020
This is normally the time of year when the federal government is collecting taxes due, but the devastating coronavirus now has the U.S. trying to rapidly dole out hundreds of billions of dollars in aid and tax breaks to businesses large and small.
|
|
Apr 06, 2020
Jim Bourke of Top 100 Firm Withum shares what his firm and others have learned from responding to the COVID-19 pandemic.
|
|
Apr 06, 2020
Even as they still have to deal with tax season, the service is tasked with handling much of the stimulus packages.
|
|
Apr 03, 2020
Chief financial officers are playing a key role in helping their companies cope with the fallout from the coronavirus pandemic and the economic devastation it's causing, according to officials from the Institute of Management Accountants.
|
|
Apr 03, 2020
ICPAS announces 2020 outstanding leadership award winners; Abacus Worldwide and JHI merge; and more CPA news.
|
|
Apr 03, 2020
Accounting and tax professionals are especially in the throes of the evolving situation as federal and state governments discuss how they will provide relief to struggling families and American businesses.
|
|
Apr 03, 2020
The accounting scandal at Starbucks Corp.'s biggest competitor in China triggered a rout in shares linked to the company's chairman, wiping out most of his wealth and knocking the tycoon out of the ranks of China's billionaires.
|
|
Apr 03, 2020
The Trump administration's $349 billion small-business rescue kicked off Friday surrounded by concerns about its ability to handle an expected flood of applications and deliver enough aid to mom-and-pop firms hit hardest by the coronavirus pandemic.
|
|
Apr 03, 2020
Some people counting on $1,200 stimulus checks from the government may not see the money until mid-September, according to a House Ways and Means Committee analysis.
|
|
Apr 03, 2020
For years now, my CPA firm has had the ability to work remotely. Never, though, did I consider a scenario where everyone would be working from home for weeks on end.
|
|
Apr 02, 2020
Over the Topps; a thirst for fraud; the sky is limited; and other highlights of recent tax cases.
|
|
Apr 02, 2020
The Small Business Relief Initiative is designed to get money in the hands of small businesses specifically struggling to pay employees and business expenses during the pandemic.
|
|
Apr 02, 2020
The Governmental Accounting Standards Board published guidance to help state and local governments transition move to newer reference rates that are less prone to market manipulation.
|
|
Apr 02, 2020
The Internal Revenue Service issued a warning urging taxpayers to beware of scammers calling and emailing them about the stimulus payments they are expecting as a result of last week's CARES Act.
|
|
Apr 02, 2020
Ask the average business owner if they have a tax shelter and they'd probably have a chuckle while wistfully thinking about how nice it would be to swim in crystal clear waters while their offshore bank accounts grew, unencumbered by state and federal taxes.
|
|
Apr 02, 2020
The Financial Accounting Standards Board will be meeting next week to discuss the impact of the novel coronavirus pandemic on its stakeholders, including pushing back the effective dates of some of its upcoming accounting standards.
|
|
Apr 02, 2020
The Internal Revenue Service and the Treasury Department have reversed course on requiring senior citizens to file a "simple tax return" in order to receive a stimulus payment as part of the coronavirus package passed by Congress last week.
|
|
Apr 02, 2020
The TAP also just welcome 33 new members.
|
|
Apr 02, 2020
KPMG and one of its senior partners have been reprimanded and fined 455,000 pounds ($560,000) for failings in its audit of a U.K. company, the latest sanction against the Big Four auditor in recent years.
|
|
Apr 02, 2020
Federal agencies are increasingly sending incorrect benefit payments to Americans, a government watchdog said as the Internal Revenue Service prepares to send more than $292 billion in direct payments to households as part of the government's coronavirus response.
|
|
Apr 02, 2020
Some of the most contested pieces of the 2017 tax overhaul are being revisited as the White House and Congress begin to discuss another round of economic stimulus, including restoring the break for entertaining business clients and lifting the cap on state and local deductions.
|
|
Apr 02, 2020
NextGen veterans of remote work share their success strategies.
|
|
Apr 01, 2020
Employees can be "all in" no matter where they work, according to Amy Leschke-Kahle of the Marcus Buckingham Co., an ADP company, provided managers are engaged with them.
|
|
Apr 01, 2020
As I write this, things are going from bad to worse with the COVID-19 crisis. With the high level of anxiety that comes with a stressful situation, and the equally high level of uncertainty, it's easy to get distracted. But the fact is that most of us are now working from home, and while this is unfamiliar to many, that isn't necessarily a bad thing, even though the circumstances that necessitate it are frightening.
|
|
Apr 01, 2020
During these unprecedented times, here are some tips for navigating your team through one of the most tumultuous tax seasons it has ever seen.
|
|
Apr 01, 2020
The time for decisive action is now. Companies that operate well through this downturn may be able to leapfrog competitors.
|
|
Apr 01, 2020
The Treasury Department is pushing back the tax payment due dates for wine, beer, distilled spirits, tobacco products, firearms and ammunition excise taxes to offer them more flexibility for businesses that have been negatively affected by the coronavirus pandemic.
|
|
Apr 01, 2020
Here are 10 suggestions to help firms think through near-term needs and create a plan to help shore up business continuity and mitigate some risks during this sensitive time.
|
|
Apr 01, 2020
An ongoing catalogue of firms' philanthropic efforts in the wake of the coronavirus pandemic.
|
|
Apr 01, 2020
The world's largest payment companies are fighting for their own piece of the U.S. coronavirus stimulus: an assignment to help distribute some of the relief money that will be sent to millions of Americans in the coming weeks.
|
|
Apr 01, 2020
A better audit isn't measured by the number of forms completed.
|
|
Apr 01, 2020
Making the switch to an entirely new model.
|
|
Apr 01, 2020
Managing filing dates, payment dates, and scheduled tax payments is even more complicated this year, thanks to the coronavirus.
|
|
Apr 01, 2020
Blockchain explorers share their real-life experiences.
|
|
Mar 31, 2020
The new testing model, which will replace the existing Testing Window model, will allow candidates to take the exam year-round, with no restriction, in the wake of the coronavirus pandemic.
|
|
Mar 31, 2020
CARES examined; IRS challenges; the months ahead; and other highlights from our favorite tax bloggers.
|
|
Mar 31, 2020
Small businesses that had been experiencing steady job and wage growth prior to the outbreak of the coronavirus pandemic are seeing that situation change, according to figures from the payroll giant Paychex.
|
|
Mar 31, 2020
The two accounting associations have signed a letter of intent to merge, effective Sept. 1, 2020.
|
|
Mar 31, 2020
Throughout most of its decades-long history, research credit audits have exposed areas of misunderstanding and, in many circumstances, led to major disagreements with the IRS.
|
|
Mar 31, 2020
One possible move is getting rid of the limit on state and local tax deductions, or SALT, that was part of the 2017 tax overhaul.
|
|
Mar 31, 2020
Having your staff work from home is about much more than making sure their technology works.
|
|
Mar 31, 2020
The Internal Revenue Service is now accepting email and digital signatures on tax documents to make it easier for tax professionals and taxpayers to communicate with the agency during the novel coronavirus pandemic.
|
|
Mar 31, 2020
The Internal Revenue Service has asked all of its employees to work from home as a result of the coronavirus pandemic.
|
|
Mar 31, 2020
The wealth management business as we currently know it is far less mature than the CPA or legal professions. After all, the Certified Financial Planner certification was only born in 1972 and the Certified Financial Planner Board of Standards was founded in 1985. With far less history than the CPA profession, the financial planning or wealth management business is still evolving into a profession that can be broadly respected and somewhat consistent from practice to practice. As of this writing, it's my opinion that the wealth management business at large still has a long way to go.
|
|
Mar 31, 2020
Tipalti threads AI into AP platform, and Corcentric creates global partnerships program.
|
|
Mar 31, 2020
Tipalti threads AI into AP platform, and Corcentric creates global partnerships program.
|
|
Mar 30, 2020
Most CFOs polled by PwC expressed great concern for their business and 80 percent anticipate COVID-19 will decrease their revenue or profits this year.
|
|
Mar 30, 2020
The Internal Revenue Service is postponing the date for filing gift tax and generation-skipping transfer tax returns and making payments until July 15 because of the novel coronavirus pandemic.
|
|
Mar 30, 2020
The Internal Revenue Service is postponing the date for filing gift tax and generation-skipping transfer tax returns and making payments until July 15 because of the novel coronavirus pandemic.
|
|
Mar 30, 2020
We are on new ground with the coronavirus pandemic, and we need to adapt as much and as quickly as possible.
|
|
Mar 30, 2020
Maryland and California are the main fronts in a continuing war.
|
|
Mar 30, 2020
AICPA executives Mark Koziel and Carl Peterson shares strategies, tactics and resources for CPAs trying to make their way through the COVID-19 pandemic.
|
|
Mar 30, 2020
President Donald Trump said he wants to restore corporate tax deductions for business meals as restaurants reel from the impact of the coronavirus outbreak.
|
|
Mar 30, 2020
Three firms share very different approaches to handling clients' books.
|
|
Mar 27, 2020
Erin Collins is getting a jump on handling coronavirus-related issues.
|
|
Mar 27, 2020
The measure contains tax relief for both businesses and individuals, and other stimulus measures.
|
|
Mar 27, 2020
The papers are mostly short form, and each addresses a specific issue and is meant to provide viewers with cutting-edge perspectives on issues related to the crypto ecosystem's most hotly-debated topics.
|
|
Mar 27, 2020
We live in an age of enormous technological advancement, yet most finance organizations continue to operate with significant manual intensity.
|
|
Mar 27, 2020
Employers have more options for helping employees with medical care.
|
|
Mar 27, 2020
Accounting firms that manage people, performance and profitability will have the insights and resources to prepare for threats and opportunities.
|
|
Mar 27, 2020
A conversation that all accounting firms and departments need to have, especially during times of viral epidemics and other public health crises, is how to keep the business running efficiently during these times.
|
|
Mar 27, 2020
A conversation that all accounting firms and departments need to have, especially during times of viral epidemics and other public health crises, is how to keep the business running efficiently during these times.
|
|
Mar 27, 2020
Republican staff on the Senate Finance Committee have released a set of answers to frequently asked questions about the stimulus payments.
|
|
Mar 27, 2020
AAM extends awards deadlines; Seidel Schroeder admits two partners; and more CPA news.
|
|
Mar 27, 2020
Firms will be selected based on the policies and technologies they have in place, their philosophies and strategies surrounding technology in their practice, and their history in leveraging and implementing technology for their own and their clients' benefit.
|
|
Mar 27, 2020
The Internal Revenue Service is shutting down its Practitioner Priority Service line, e-Services Help Desk, as well as the e-Services FIRE and AIR system help desks, until further notice, due to staff limitations amid the pandemic.
|
|
Private Label