Accounting Today

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Walker Warns of Ballooning Government Debt

Former U.S. Comptroller General David Walker has been actively spreading the word for years about the dangers of the nation’s out-of-control budget deficit and national debt.

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Posted by Michael Cohn at 08:30AM | Comments (0)

Stimulating the Economy

Iowa Governor Terry Branstad told an AICPA audience that he decided to return to the governor’s mansion in order to fix the economy in his home state.

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Posted by Michael Cohn at 08:05AM | Comments (1)

Mid-Market Executives Have Mixed Feelings

A new study by Deloitte of the perspectives of mid-market executives reveals several contradictory attitudes about the economy, hiring and technology trends.

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Posted by Michael Cohn at 01:52AM | Comments (0)

Consensus Forms around Lowering Corporate Tax Rate

The RATE Coalition has been lobbying for a lower corporate tax rate and has released a new report pointing out that there is a growing bipartisan consensus in Washington to lower the rate from its current high of 35 percent.

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Posted by Michael Cohn at 07:26AM | Comments (0)

Increasing the Effectiveness of Client Surveys

Accounting firms can learn some surprising things when they take the time to survey their client base, beyond just a broad indicator of how pleased they are with the service they receive.

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Posted by Michael Cohn at 08:02AM | Comments (3)

China Tells Big Four Audit Firms to Hire More Chinese Partners

The Chinese government has issued new rules that would require the Big Four auditing firms in China to hire more Chinese citizens as partners.

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Posted by Michael Cohn at 07:56AM | Comments (0)

Deloitte Contributes Video to ‘It Gets Better’ Project

Deloitte has created an inspirational video for the “It Gets Better” project, which provides encouragement to LGBT youth facing bullying in their families and schools.

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Posted by Michael Cohn at 05:21PM | Comments (0)

CAQ Sees Evolving Role for Public Company Auditors

The Center for Audit Quality recently gathered a group of 30 people at a workshop in Washington, D.C., to discuss how they see the role of the public company auditor changing.

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Posted by Michael Cohn at 06:03PM | Comments (0)

Cost Basis Reporting Means More Revenue for Tax Pros

Tax professionals can earn additional revenue by helping their clients cope with the complex rules around cost basis reporting.

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Posted by Michael Cohn at 06:34PM | Comments (0)

Court Rules that Plain English Doesn’t Count in IRS Offers in Compromise

A couple who signed an offer in compromise with the Internal Revenue Service learned the hard way that the Internal Revenue Code trumps plain English.

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Posted by Michael Cohn at 05:51PM | Comments (3)