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Month: November 2018

IRS developing guidance on integrated health reimbursement arrangements

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November 20, 2018
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| Tax News And Info

The Internal Revenue Service issued a notice Monday saying it is developing guidance on integrated health reimbursement arrangements and how taxpayers and businesses can avoid extra penalties and payments. The notice relates to a recent set of proposed regulations expanding the usability of health reimbursement arrangements by lifting the current prohibition on integrating HRAs with […]

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Posted in Tax News And Info Tagged irs, tax news

K•Coe Isom merges in Noell Agnew & Morse

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November 20, 2018
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K•Coe Isom, a Top 100 Firm based in Loveland, Colorado, has acquired Noell Agnew Morse, a California firm that specializes in servicing food and agricultural businesses. Noell Agnew Morse dates back to 1983, and much of the firm focuses on agribusiness clients, helping them deal with financial, legislative and operational issues. Financial terms of the […]

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Posted in Tax News And Info Tagged irs, tax news

Firms on the move: Armanino launches program to advance female leaders

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November 19, 2018
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EisnerAmper EisnerAmper announced the recording of its 100th podcast episode, achieved with the posting of its latest episode, “Don’t Postpone Making Your Will.” Friedman, New York, announced it will relocate its headquarters from midtown Manhattan to One Liberty Plaza in the financial district. The American Institute of CPAs, New York, awarded its Scholarship for Minority […]

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Posted in Tax News And Info Tagged irs, tax news

AccountantsWorld releases employee portal app

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November 19, 2018
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AccountantsWorld, which makes accounting and payroll software for accountants, has released its Employee Portal Payroll Relief (EPPR) app for employees of firm clients. The app is a smart move in a sector where ease of use and accessibility is king. EPPR fully integrates with AccountantsWorld’s Payroll Relief platform, a cloud-based system designed to enable accountants […]

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Posted in Tax News And Info Tagged irs, tax news

Prager Metis adds Davidoff

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November 19, 2018
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Prager Metis CPAs, a Top 100 Firm based in New York, has merged in E. Martin Davidoff Associates, a prominent tax firm in New Jersey. As part of the deal, Martin Davidoff and Robbin Caruso will be joining Prager Metis as partners, leading the Prager Metis Tax Controversy business. With the addition of Davidoff and […]

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Posted in Tax News And Info Tagged irs, tax news

SAP adds BlackLine to global solutions offerings

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November 18, 2018
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BlackLine, which makes solutions for the month-end close and continuous accounting, has signed a reseller agreement with SAP, the Germany-based enterprise software giant. This is a major move for BlackLine, giving it entry to the international market on a large scale. Under the terms of the new agreement, SAP will have the ability to resell […]

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Posted in Tax News And Info Tagged irs, tax news

FEI publishes guides to internal controls for leasing and CECL standards

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November 18, 2018
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Financial Executives International has released two guides to help CFOs, controllers and other senior finance execs address the internal control considerations for the new lease accounting and credit loss standards. The pair of “ICFR: Insights, Issues and Practices” guides discuss some of the considerations and best practices that financial statement preparers should follow in their […]

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IRS should enforce preparer competency: IRSAC

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November 18, 2018
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Andrew Harrer/Bloomberg The IRS Advisory Council has issued its annual report for 2018, including recommendations that the IRS be given the authority to regulate tax preparers. “The IRSAC has urged Congress to provide the IRS express statutory authority to establish and enforce minimum standards of competence for all tax practitioners, including tax return preparers,” the […]

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Posted in Tax News And Info Tagged irs, tax news

IASB proposes deferring insurance standard for a year

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November 17, 2018
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The International Accounting Standards Board voted to propose a one-year delay on the effective date of the new insurance contracts standard, so it will take effect in 2022 instead of 2021. The IASB also decided Wednesday to propose extending until 2022 the temporary exemption for insurers to apply the financial instruments standard, IFRS 9, so […]

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Posted in Tax News And Info Tagged irs, tax news

New Jersey launches tax amnesty

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November 17, 2018
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The New Jersey Division of Taxation has launched the 2018 Tax Amnesty Program to allow individuals and businesses to pay back taxes or file past returns with no penalties and reduced interest. The program runs from Nov. 15 through Jan. 15. The amnesty applies to outstanding tax filings or payments that were due on or […]

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