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The tax deadline is coming Wednesday after tax season was extended by three months to give taxpayers and preparers more time to deal with the novel coronavirus pandemic, but many of them will be dealing with extensions and amended returns in the months ahead.
July 14 -
IFAC, the IAASB and IESBA will remain involved in setting standards, but with changes in governance and composition.
July 14 -
Three students, as well as their nominating firms, will receive $10,000 each for representing the "next generation of accountants."
July 14 -
Companies that don’t receive tax services from their auditing firms to avoid compromising auditor independence could end up paying more in taxes, at least temporarily, according to a new academic study.
July 14 -
Here’s what CPAs and their clients need to know when hiring an employee.
July 14
GTM Payroll Services -
NCCPAP’s Stephen Mankowski offers an update on how the service is handling the pandemic.
July 14 -
The Public Company Accounting Oversight Board announced that 234 U.S. accounting students were selected to receive $10,000 scholarships.
July 14 -
The dominant accounting firms must do a better job of challenging their clients in order to reach a satisfactory level of audit quality, the industry’s U.K. watchdog said.
July 14 -
The European Union may delay digital tax proposals to give countries move time to hammer out a deal and avert a transatlantic trade war, a top official from the bloc said.
July 14 -
The Tax Court struck down four more abusive syndicated conservation easement transactions last week, prompting the IRS to call on any taxpayer involved in such transactions who receives a settlement offer from the Service to accept it soon.
July 13 -
A group of five national tax authorities has been working together for the past two years on cooperating in the fight against tax crimes, with one man pleading guilty last week in Germany to fraud charges involving cryptocurrency.
July 13 -
Managing cash flow has become the top priority for financial professionals as their businesses have seen significant drops in cash flow, revenue and profits amid the COVID-19 pandemic, according to a new survey.
July 13 -
Startup Breakaway Bookkeeping & Advising is building a network of finance professionals to act as virtual CFOs for small-business clients.
July 13 -
The Sustainability Accounting Standards Board and the Global Reporting Initiative announced a collaborative work plan to provide more clarity on how their two sets of standards can be used together.
July 13 -
In response to the coronavirus pandemic, Dixon Hughes Goodman created a re-entry readiness framework and risk analytics platform that the firm is now offering clients.
July 13 -
Deloitte has opened a legal business services practice in the U.S., expanding a line of business it has offered abroad.
July 13 -
Management of an accounting practice (MAP) articles and books offer a wealth of information, shared experiences, best practices and hard-learned secret sauces yet they are not taken advantage of by a large majority of accountants.
July 13
Withum -
Dozens of millionaires from the U.S. and six other countries have a message for their governments: “Tax us. Tax us. Tax us.”
July 13 -
The best time to make changes? When everything you’ve ever known has been turned upside down.
July 13
Rightworks -
Donald Trump will get a chance next week to try new arguments against Manhattan District Attorney Cyrus Vance’s subpoena of his tax returns and other financial records after the U.S. Supreme Court rejected the president’s claim of immunity in the matter.
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