AT Think

The House passed legislation this week enabling veterans who were injured in combat to recover any income taxes improperly collected by the Department of Defense on their disability severance payments.

The AICPA announced on Thursday that five students have received the 2016-2017 AICPA John L. Carey Scholarship Award. The one-year scholarship, part of the AICPA’s Legacy Scholars Program, is awarded to students from liberal arts or non-traditional business backgrounds who are obtaining their graduate accounting degrees and working towards the CPA licensure.

The staff of Southern California firm HMWC CPAs & Business Advisors (HMWC) recently volunteered to help feed the homeless in nearby Santa Ana via the #HashtagLunchbag campaign, the firm announced this week.

KPMG has released a report providing an overview of the tax reform process in Washington, D.C., as the incoming Trump administration prepares to push for the biggest tax overhaul in three decades with Republicans dominating both houses of Congress and the executive branch of government next year.

A recent Gallup survey reported that the average U.S. worker is now remotely working an average of two days per month. With the holiday schedule (and busy season) upon us, professionals may be working away from the office more often, but still need to focus on keeping their clients' data safe.

Accountants need to watch out for the wide-ranging impact of blockchain, a technology popularized by digital currencies such as bitcoin.

Internal Auditor magazine recently announced their "Emerging Leaders" for 2016. The 15 candidates, all 30 years old or under, "share a passion for adapting to the rapidly evolving challenges faced by internal audit," per the publication.

According to a recent survey via British finance career resource WikiJob, over 70% of respondents pursuing a career in accounting were concerned about automation reducing their professional roles over the next two decades.

The CFO Alliance has released a study examining the compensation programs offered to CEOs, CFOs, controllers, accounting managers and marketing and sales executives at mid-market companies.

The Virginia Society of Certified Public Accountants (VSCPA) held their 2016 VSCPA Leadership Academy last month, from Nov. 14–16, at the CPA Center in Glen Allen. Thirty-two young CPAs in all were selected to attend the yearly event.