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Month: October 2019

‘Unplugging’ is a myth: How to create a digital experience that works

By Admin
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October 31, 2019
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| Tax News And Info

Whenever I speak to accountants about their relationship with technology, I find they are at a loss for realistic ideas about how to improve it. They understand they are reliant on technology both professionally and personally, but they still find themselves fatigued by it. In short, they need a better way. In an age where […]

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Posted in Tax News And Info Tagged irs, tax news

Not just for public companies: 5 ways SOX can help high-growth startups

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October 31, 2019
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| Tax News And Info

SOX compliance may seem like a dry topic, but this crucial step on the road to going public can be transformational for high-growth companies — if they approach it in the right spirit. First, some background. The Sarbanes-Oxley Act of 2002 established new requirements for public companies designed to surface errors in financial reporting that […]

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Posted in Tax News And Info Tagged irs, tax news

New bill would offer tax credits to women-owned businesses

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October 31, 2019
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| Tax News And Info

Sen. Ron Wyden, D-Oregon., the ranking Democrat on the Senate Finance Committee, introduced legislation Wednesday to create two new tax incentives to help small businesses owned by women to hire and grow and get access to capital. The PROGRESS (Providing Real Opportunities for Growth to Rising Entrepreneurs for Sustained Success) Act would provide a new […]

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Posted in Tax News And Info Tagged irs, tax news

In the blogs: Spook central

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October 30, 2019
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| Tax News And Info

Limits on collection; states’ tax friendliness; write your Chief Counsel; and other highlights from our favorite tax bloggers. Spook central Liberty (http://www.libertytax.com/tax-lounge): As a gift for your organizer (and your optimism that some clients may actually start lining up their ducks before January), here are “Four Tax Preparation Tips to Consider for 2020.” Taxbuzz (https://www.taxbuzz.com/blog): […]

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Posted in Tax News And Info Tagged irs, tax news

Companies adjust strategies after corporate tax cuts

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October 30, 2019
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| Tax News And Info

Companies saw a significant impact from the lower corporate tax rate since the passage of the Tax Cuts and Jobs Act at the end of 2017, but not as many of them are planning to increase employee wages as a result, according to a new survey of corporate board members by BDO USA. Instead more […]

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Posted in Tax News And Info Tagged irs, tax news

Oregon CPA sentenced to prison for defrauding Olympic snowboarder

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October 29, 2019
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| Tax News And Info

Nathan Wheeler, a 43-year-old CPA in Portland, Oregon, who also owns a marijuana business, was sentenced to 51 months in federal prison for wire fraud and tax evasion after embezzling nearly $1 million from an Olympic snowboarding medalist. Wheeler owned and operated Bridge City Advisors LLC, an accounting firm that offered investment and legal services […]

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Posted in Tax News And Info Tagged irs, tax news

Avalara plans new cross-border tax initiatives

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October 29, 2019
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| Tax News And Info

Tax software developer Avalara is planning to take on some new initiatives in the U.S. and abroad. “Cross-border, we believe, is a very exciting marketing opportunity for us,” said Ross Tennenbaum, general manager at Avalara, who recently joined the Seattle-based company from Goldman Sachs. “The way I think about it is you’re dissolving boundaries globally. […]

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Posted in Tax News And Info Tagged irs, tax news

Down payments on the future of accounting

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October 29, 2019
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Everywhere you look these days, it seems like you can find people making big investments in the future of accounting, putting up money and time and effort to innovate in just about every area of the profession. Think of the Big Four spending millions on artificial intelligence, cognitive computing and the data-based tools and services […]

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Posted in Tax News And Info Tagged irs, tax news

Firms & people on the move: Baker Tilly and Weaver open new offices

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October 28, 2019
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| Tax News And Info

Blumshapiro appoints co-leaders for new Massachusetts location; HR Block hires chief strategy and development officer; and more CPA news.

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Posted in Tax News And Info Tagged irs, tax news

Firms giving back: DunlapSLK volunteers with Feed My Starving Children

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October 28, 2019
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Chalfont, Pennsylvania, firm DunlapSLK saw 42 of its staff members pack meals for nonprofit Feed My Starving Children; and Alabama-based firm BMSS LLC’s Birmingham offices volunteered with a number of local charitable organizations throughout October.

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Posted in Tax News And Info Tagged irs, tax news
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