Accounting

Tax Fraud Blotter: Run and gun

Yet another fictional company; more tooth and justice; unsafe bets; and other highlights of recent tax cases. Original Article Posted at : https://www.accountingtoday.com/news/tax-fraud-blotter-run-and-gun

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Global accounting groups urge long-term value creation amid coronavirus

Three worldwide accounting groups have banded together to issue a report offering guidance on how CFOs and finance teams can steer their organizations toward long-term value creation during the COVID-19 pandemic. Original Article Posted at : https://www.accountingtoday.com/news/global-accounting-groups-urge-long-term-value-creation-amid-coronavirus

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IRS offers relief on low-income housing tax credits in response to coronavirus

The Internal Revenue Service is extending timelines for performing some of the actions associated with the low-income housing tax credit and bonds for qualified residential rental projects to give businesses more time during the COVID-19 pandemic. Original Article Posted at : https://www.accountingtoday.com/news/irs-offers-relief-on-low-income-housing-tax-credits-in-response-to-coronavirus

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Remembering Ed Kleinbard

The tax community this week is mourning the loss of University of Southern California law professor Edward D. Kleinbard. Ed previously served as Chief of…

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What’s on the table for the next round of U.S. coronavirus relief

With a resurgence of the coronavirus threatening a nascent rebound of the U.S. economy, the White House and Congress are under increased pressure to come to terms on another round of stimulus. Original Article Posted at : https://www.accountingtoday.com/articles/whats-on-the-table-for-the-next-round-of-u-s-coronavirus-relief

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