Accounting
Donor asks IRS to open fraud investigation into WE charity
A U.S. donor to Canada’s WE Charity said he has asked the Internal Revenue Service to open a fraud investigation into the organization after testifying that it took down a plaque on a Kenya school built to honor his dead son and replaced it with that of another donor. Original Article Posted at : https://www.accountingtoday.com/articles/donor-asks-irs-to-open-fraud-investigation-into-we-charity
Read MoreKarbon raises $10M
A strategic investment will help the practice management software developer support its growth worldwide. Original Article Posted at : https://www.accountingtoday.com/news/practice-management-software-developer-karbon-raises-10m
Read MoreThe risks of tax season
Practitioners face malpractice issues right from the start of filing, and this year may be even worse than usual. Original Article Posted at : https://www.accountingtoday.com/news/the-risks-of-tax-season
Read MoreIRS offers guidance on employee retention credit and PPP eligibility
The Internal Revenue Service released guidance Monday for employers claiming the employee retention credit for 2020 and how it relates to eligibility for the Paycheck Protection Program. Original Article Posted at : https://www.accountingtoday.com/news/irs-offers-guidance-on-employee-retention-credit-and-ppp-eligibility
Read MoreSASB moves forward on standard-setter consolidation
The Sustainability Accounting Standards Board is finalizing a merger with the International Integrated Reporting Council, while watching efforts to establish a standard-setter overseen by the International Financial Reporting Standards Foundation. Original Article Posted at : https://www.accountingtoday.com/news/sasb-moves-forward-on-standard-setter-consolidation
Read MoreIRS faces delays, risks for tax season amid pandemic
The Internal Revenue Service needs to take action to avoid processing delays this tax season due to the COVID-19 pandemic, according to a new government report. Original Article Posted at : https://www.accountingtoday.com/news/irs-faces-delays-risks-for-tax-season-amid-coronavirus-pandemic
Read MoreBaker Tilly tops the charts in 2020 SEC audit clients
A major merger puts the firm in the lead at the end of a difficult year. Original Article Posted at : https://www.accountingtoday.com/news/baker-tilly-tops-the-charts-in-2020-sec-audit-clients
Read MoreCould Better Government Have Lowered Pandemic Deaths by 100,000 or Reduced Costs by a Trillion Dollars?
It never is easy for government to respond to crises, especially one as big and far-reaching as the COVID-19 pandemic. Yet, a better policymaking process…
Read MoreThe UK Should Not Ignore Problems with its Corporate Tax Base
Wednesday, the United Kingdom will publish its 2021 budget, after the fall budget was delayed due to the pandemic. In addition, the UK government will launch several consultations on the future of the country’s tax strategy on March 23. Changes to the corporation tax—particularly an increase in the UK’s 19 percent corporation tax rate—are reportedly among…
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