Accounting
The rise of cybercrime in the accounting profession continues
The pandemic amplifies cybersecurity concerns for CPAs. Original Article Posted at : https://www.accountingtoday.com/opinion/the-rise-of-cybercrime-in-the-accounting-profession-continues
Read MoreIRS 2020 draft 1040 puts crypto question front and center
Taxation and regulation are steps toward further legitimizing cryptocurrency. Original Article Posted at : https://www.accountingtoday.com/news/irs-2020-draft-form-1040-puts-crypto-question-front-and-center
Read MoreArt of Accounting: Retreats for one- or two-owner practices
I am a strong proponent of partner retreats and offsite meetings. Original Article Posted at : https://www.accountingtoday.com/opinion/art-of-accounting-retreats-for-one-or-two-owner-practices
Read MoreAuditing beyond the financials
The profession’s skillset can be applied to much more than just financial statements, according to Julie Bell Lindsay of the Center for Audit Quality. Original Article Posted at : https://www.accountingtoday.com/podcast/auditing-beyond-the-financials
Read MoreTech News: Wolters Kluwer adds CCH tool for PCR firms
Intapp offers total integration solution for firm tech, and Sesh Corp receives $1.6M to develop emotional intelligence reader for video. Original Article Posted at : https://www.accountingtoday.com/list/wolters-kluwer-adds-cch-tool-for-pcr-firms-and-more
Read MoreTrump fight over delay of subpoena for taxes set for Sept. 1
A federal appeals court set a hearing for Sept. 1 to consider President Donald Trump’s emergency request to put on hold a judge’s ruling that cleared the way for the Manhattan District Attorney to enforce a subpoena for his tax returns and other financial records. Original Article Posted at : https://www.accountingtoday.com/articles/trump-fight-over-delay-of-subpoena-for-taxes-set-for-sept-1
Read MoreCredit Suisse faces Belgian probe over hidden accounts
Credit Suisse Group AG faces a criminal probe amid suspicions it helped more than 2,600 clients to hide money in Swiss accounts, Belgian prosecutors said. Original Article Posted at : https://www.accountingtoday.com/articles/credit-suisse-faces-belgian-probe-over-hidden-accounts
Read MoreReviewing Joe Biden’s Tax Vision
Tonight, former Vice President Joe Biden formally accepts the Democratic nomination for President, ending a long primary season that saw competing policy visions from the many candidates, including in tax policy. However, questions about Biden’s tax proposals, such as when and how fast he would push for tax hikes, remain to be clarified headed into…
Read MoreHow the CARES Act Fixed a Tax Bias Against Green Investment
One under-discussed part of the CARES Act, passed in March to provide economic relief during the COVID-19 epidemic, is a correction to a drafting error in the Tax Cuts and Jobs Act of 2017, often known as the “retail glitch.” The Tax Cuts and Jobs Act provided 100 percent bonus depreciation for many short-lived assets,…
Read More