April 1, 2016

April Fools' Day Posts from the Tax Foundation

The Tax Foundation, the nonpartisan think tank devoted to tax research, is not a place you would normally associate with humor, but they do make an exception for April Fools' Day.

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Posted by Michael Cohn at 04:01PM | Comments (0)

March 31, 2016

Strangest Expense Report Items

Robert Half Management Resources has produced a new list of the most unusual items submitted for expense report reimbursements, as reported by CFOs.

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Posted by Michael Cohn at 04:02PM | Comments (0)

March 30, 2016

Taxpayers Worry about Web Problems on Tax Day

Nearly half of American tax filers are worried about tax websites having problems on tax day, according to a new survey.

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Posted by Michael Cohn at 05:02PM | Comments (1)

March 29, 2016

Internal Audit Outsourcing More Externally

One out of three internal audit departments worldwide are now outsourcing at least some of their work to a third party, according to a new study.

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Posted by Michael Cohn at 04:26PM | Comments (0)

March 28, 2016

Firms Moving to Collaboration in the Cloud

Industries of all kinds can see positive benefits from better collaboration, and that's particularly true in the accounting profession where more firms are starting to use cloud-based collaboration technology.

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Posted by Michael Cohn at 04:33PM | Comments (0)

March 24, 2016

Plenty of Work Ahead for Lessees Adjusting to New Leasing Standard

The new lease accounting standard is likely to have a much greater impact on lessees than lessors.

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Posted by Michael Cohn at 04:33PM | Comments (1)

March 22, 2016

FASB Sets Up Transition Group for Credit Loss Standard

The Financial Accounting Standards Board has named the members who will serve on a Transition Resource Group to help with implementation of its upcoming credit losses standard.

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Posted by Michael Cohn at 04:19PM | Comments (0)

March 21, 2016

India Not Ready for New Accounting Standards

More than half of companies in India are not yet ready for new Indian Accounting Standards, according to a new survey.

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Posted by Michael Cohn at 05:16PM | Comments (0)

March 18, 2016

Presidential Candidates' Tax Plans Narrow as They Drop out of Race

The number of presidential candidates has been steadily winnowing down in recent weeks as they suffer defeats in the primaries and caucuses, and so too their tax plans have been falling by the wayside.

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Posted by Michael Cohn at 06:09PM | Comments (3)

March 17, 2016

Taxpayers OK with Lying to the IRS

Nearly a quarter of Americans think its acceptable to lie to the Internal Revenue Service about under-the-table income.

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Posted by Michael Cohn at 05:01PM | Comments (2)