WithumSmith+Brown, PC, together with Utah-based accounting automation technology firm Avii, have created a new employee workspace and portal called the Withum Experience Powered by Avii. The product was developed with the help of the Top 100 Firm’s internal Innovation Council, formed two years ago to test and deploy cutting-edge technology for accountants. Withum, which was […]

Read More »

The Securities and Exchange Commission promoted deputy chief accountant Sagar Teotia to chief accountant on Wednesday, succeeding Wesley Bricker, who stepped down in May. As the new chief accountant at the SEC, Teotia will act as the principal advisor to the commission on accounting and auditing matters, as well as lead the 45 staff members […]

Read More »

Private sector employment growth slowed down in June, particularly among small businesses, according to payroll giant ADP, as employers added only 102,000 jobs in a further sign of a tightening labor market and the fading impact of the 2017 tax cuts. Small businesses actually lost jobs, particularly at the smallest businesses with between one and […]

Read More »

The rate of unemployment has hit a 50-year low and the war for talent rages on in almost every industry, including accounting. Raising wages and adding benefits are some of the more traditional ways to attract and retain top talent, but candidates and employees also expect companies to embrace the cultural changes brought about by […]

Read More »

The Internal Revenue Service has set up a process for carefully vetting videos after a series of embarrassing educational videos were uncovered several years ago featuring IRS officials and employees appearing in spoofs of TV series such as “Star Trek,” “Gilligan’s Island” and “Mad Men,” along with a dance music video. A new report from […]

Read More »

House Democrats asked a U.S. court to force the Treasury Department to turn over six years of President Donald Trump’s personal and business tax returns. The long-expected lawsuit filed in a Washington federal court on Tuesday is Congress’s latest attempt to assert oversight over the executive branch, as the Trump administration has either rejected or […]

Read More »

.ui-widget-header { background: } #id_af8430d20f4d41809aceaff31b4346ea_slider.ui-slider-horizontal .ui-slider-handle { top: -7px; margin-left: -1px; } #id_af8430d20f4d41809aceaff31b4346ea_slider.ui-state-default, .ui-widget-content .ui-state-default, .ui-widget-header .ui-state-default { background: border: 0px; } #id_af8430d20f4d41809aceaff31b4346ea_slider.ui-widget-content { border: 0px; } #id_af8430d20f4d41809aceaff31b4346ea_slider.ui-widget-content { background: } #id_af8430d20f4d41809aceaff31b4346ea_slider.ui-slider .ui-slider-handle { height: 16px; width: 3px; } #id_af8430d20f4d41809aceaff31b4346ea_slider.ui-slider-horizontal .ui-slider-range { top: -1px; height: 4px; } ]]> After a strong rise in the previous […]

Read More »

We live in the digital age. But as accountants adopt new technology, they need to be aware of the corresponding rise in cyber threats — and the regulation surrounding them. Digital transformation is taking the financial services industry by storm, and accounting firms are no stranger to this technological shift. In fact, Gartner found that […]

Read More »

U.S. lawmakers have the right to see President Donald Trump’s personal business records held by his accounting firm, attorneys for a Democrat-led House committee told a U.S. appeals court panel. “The Oversight Committee is investigating issues of national importance concerning ethics and conflicts of interest across the Executive Branch,” the committee’s lawyers said in papers […]

Read More »

It’s been said that tax professionals never take a vacation — there are always new issues facing them around the bend. This year, more issues are lurking around the bend then in most years. And many still face filing deadlines for extensions, which are up this year by 8 percent over last year. There are […]

Read More »