The latest information from our Accountants
Top 20 Firm Dixon Hughes Goodman raises more than $160,000 to fund scholarships in partnership with the National Association of Black Accountants; the Deloitte Foundation
The Value Reporting Foundation, formed by last month’s merger of the Sustainability Accounting Standards Board with the International Integrated Reporting Council, is advancing development of
The complications over beneficiary choices with inherited IRAs tend to focus on non-spousal beneficiaries and the special provisions pertaining to them. As beneficiary after the
Given the severity and frequency of cyberattacks, many Liability insurance policies CPA firms hold are now excluding coverage for common cyber security breaches. This leaves
KPMG has been increasing its efforts to provide environmental, social and governance services to clients through a new initiative called KPMG Impact. The team will
Taxpayers may soon benefit from a temporary tax law provision that doubles the usual 50 percent deduction for qualified business expenses for meals to 100 percent of
The recent leasing rules from the Financial Accounting Standards Board and the Governmental Accounting Standards Board are turning out to be harder to follow than
I am Kate Josephine Johnson. I have a small virtual bookkeeping and business consulting firm called Heritage Business Services. My only involvement in the accounting
Staff continually are being promoted to partners. There are many qualities that make a partner and many times it is not one big thing but
QuickBooks is more than self-efficient in performing most of the accounting tasks. However, users could need some other third-party applications to carry out some standard
Your accounting practice grew one client at a time. Accounting professionals, by nature, are service oriented. You realize the importance of delighting your clients so
Part of Allen Weisselberg’s legal troubles began when his former daughter-in-law couldn’t get the numbers in her divorce proceedings to add up. Jennifer Weisselberg says
The European Union’s digital chief will meet U.S. Treasury Secretary Janet Yellen next week as the EU delayed plans for a digital levy after a
During tax season, your priorities are clear: Knock out as many returns as you possibly can. But now we’re at the time of year when
Accounting skills are extremely valuable as they can help save your business money. Free Book Preview Money-Smart Solopreneur This book gives you the essential guide
Accountants, it seems, like their offices more than most people. In a recent survey of close to 500 managers, executives and senior leadership in banking,
When I took my firm over from my father, I moved to the cloud and added value pricing, but it wasn’t enough. The problem with
There’s a lot to think about, so I’m going to break this topic into three parts. Let’s start with Code Section 121. It authorizes a
Ten to 15 percent of the population is dyslexic and 4 percent has ADHD, which is a large segment of people. Albert Einstein, Pablo Picasso
The former president’s family business and its chief financial officer, Allen Weisselberg, are expected to appear in court on Thursday.
National Taxpayer Advocate Erin Collins pointed to continuing backlogs at the Internal Revenue Service and difficulty reaching telephone assistance in a report to Congress Thursday.
Marcum LLP’s Modern Family & LGBT Services group has been proud to serve the LGBTQ+ community for nearly a decade. In 2012, Marcum became the
There are numerous articles about why accountants and bookkeepers shouldn’t undercharge for their services. These articles serve the very important purpose of helping us understand
Better enforcement; for fans of tax crime; partner sabbaticals please; and other highlights from our favorite tax bloggers. Hot topics Taxbuzz (https://www.taxbuzz.com/blog): Partisan bickering over
It’s that time again! The IRS has announced the “Dirty Dozen tax scams” for taxpayers to watch out for in 2021 (IR-2021-135, 6/28/21). Specifically, the
Matthew Walach recalls a colleague passing along a valuable lesson a dozen or so years ago, when he was pressured to dress in a suit
New offerings from Intuit QuickBooks this month include invoicing enhancements for QuickBooks Payments and updates to QuickBooks Payroll. This article covers the highlights of these
The Internal Revenue Service is focusing on cryptocurrency tax evasion with virtual currencies like Bitcoin and nonfungible tokens, employing data analytics to uncover transactions that
When a new client comes on board, there is a lot to figure out. A client could be behind on taxes, or they could have
The Supreme Court, in its recent holding in CIC Services LLC v. Internal Revenue Service, narrowed the reach of the AIA by opening the door to more