Non-filers, fraud are priorities for IRS SB/SE

In its first-ever annual report, the division shared its major focuses and top initiatives from FY 2019. Original Article Posted at : https://www.accountingtoday.com/news/non-filers-fraud-are-priorities-for-the-irss-small-business-self-employed-division

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An Overview of the Low-Income Housing Tax Credit

Key Findings The Low-Income Housing Tax Credit (LIHTC) offers developers nonrefundable and transferable tax credits to subsidize the construction and rehabilitation of housing developments that have strict income limits for eligible tenants and their cost of housing. The LIHTC has subsidized over 3 million housing units since it was established in 1986, the largest source…

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PwC expands corporate managed tax services business in response to coronavirus

PricewaterhouseCoopers has been building its managed tax services business since bringing over the GE tax department in 2017, but now it sees an opportunity to help companies who are dealing with COVID-19. Original Article Posted at : https://www.accountingtoday.com/news/pwc-expands-corporate-managed-tax-services-business-in-response-to-coronavirus

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Georgia man indicted for bomb threat to IRS office

A man from St. Simons Island, Georgia has been indicted for threatening to use a pipe bomb on an Internal Revenue Service building in New York. Original Article Posted at : https://www.accountingtoday.com/news/georgia-man-indicted-for-bomb-threat-to-irs-office

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Art of Accounting: Overdeliver

We need to excite clients, potential clients and staff. For this, we need marketing skills. Original Article Posted at : https://www.accountingtoday.com/opinion/art-of-accounting-overdeliver

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Xero plans for Toronto tech hub and more stay the course

Despite global setbacks caused by the COVID-19 pandemic, Xero will be hiring in Toronto, aiming to double the size of its team there in two years. Original Article Posted at : https://www.accountingtoday.com/news/xero-plans-for-toronto-tech-hub-and-more-stay-the-course

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External lessons from the pandemic

Tamera Loerzel and Jennifer Wilson of ConvergenceCoaching return to look at external issues that the coronavirus pandemic has raised for accounting firms in terms of dealing with clients, revamping services offerings and more. Original Article Posted at : https://www.accountingtoday.com/podcast/external-lessons-from-the-pandemic

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