Accounting

The library includes the Internal Revenue Code; rules for accountants and others practicing before the IRS; proposed, final and temporary regs; IRS guidance and private rulings; and much more. Original Article Posted at : https://www.accountingtoday.com/news/deloitte-deal-makes-tax-analysts-law-library-public

The U.S. will suspend a plan to hit $1.3 billion of French goods with tariffs in retaliation for the European country’s tax on the revenue of global tech companies — many of them American — de-escalating the transatlantic trade dispute just two weeks before President Donald Trump leaves office. Original Article Posted at : https://www.accountingtoday.com/articles/trump-suspends-tariff-action-on-french-goods-on-digital-tax

The Association of International Certified Professional Accountants has promoted longtime AICPA executive Sue Coffey to the new position of CEO of public accounting. Original Article Posted at : https://www.accountingtoday.com/news/aicpa-promotes-sue-coffey-to-ceo-of-public-accounting

The Financial Accounting Standards Board has released an update on its recent guidance on reference rate reforms to clarify its scope. Original Article Posted at : https://www.accountingtoday.com/news/fasb-clarifies-reference-rate-reform-rules

When I hear a partner at a midsized CPA firm say, “my client” or “my book of business,” the hair on the back of my neck stands up. Original Article Posted at : https://www.accountingtoday.com/opinion/are-your-firms-partners-too-possessive-of-their-clients

BPM Link is designed to help connect employees to company strategy. Original Article Posted at : https://www.accountingtoday.com/news/bpm-releases-performance-management-tool

Sanjay Shah, who founded a London hedge fund that specialized in controversial Cum-Ex trades, was charged by Danish prosecutors in a 9.6 billion-krone ($1.6 billion) tax-fraud probe, according to a person familiar with the case. Original Article Posted at : https://www.accountingtoday.com/articles/hedge-fund-founder-charged-in-1-6b-danish-cum-ex-tax-probe

The Internal Revenue Service will allow businesses that got their Paycheck Protection Program loans forgiven to write off expenses paid for with that money, shifting policy after Congress passed new legislation last month. Original Article Posted at : https://www.accountingtoday.com/articles/irs-blesses-tax-breaks-on-forgiven-ppp-loans-after-law-change