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Xero has invested heavily in the past year to expand its small business products beyond their core accounting services to help small businesses manage staff, operate and scale up. At its Xerocon London conference, which wrapped up Thursday, the biggest announcements were around improvements to Xero’s accounting software aimed at common small business pain points, […]
Corporate boards in the U.S. are gradually seeing more female representation, but still pale in comparison to a number of Western countries, according to a new report from Big Four firm KPMG. Citing data from Spencer Stuart’s 2018 U.S. Board Index report, the KPMG report found that among the largest companies in the SP 500 […]
Friedman appoints leader of estate and trust group; KPMG Foundation president announces retirement; and more personnel news.
AFWA celebrates Member of the Year and President’s Award winner at Women Who Count luncheon; KSCPA announces new board and executive committee members; and more CPA news.
The Financial Accounting Standards Board officially delayed the effective dates of its accounting standards for leases, credit losses, hedging and long-duration insurance contracts by issuing a pair of accounting standards updates Friday. The move had been expected after the board members voted last month to push back the effective dates of the standards after issuing […]
The Internal Revenue Service is expanding its efforts to ensure businesses and individuals are paying their taxes, particularly payroll taxes, with in-person visits planned by revenue officers to more parts of the country, starting recently in Wisconsin and later this month Texas and Arkansas. The goal of the visits is to help resolve tax compliance […]
Internal Revenue Service Commissioner Charles “Chuck” Rettig told an audience of tax professionals and accountants at the AICPA National Tax Conference in Washington, D.C., on Thursday that he wants to hear from them about the impact of the far-reaching IRS reform legislation that Congress passed earlier this year. Rettig, a former Beverly Hills tax attorney, […]
Katz, Sapper Miller, a Top 100 Firm, has expanded in its home base city of Indianapolis by acquiring Caskey Daily, P.C., adding more expertise in servicing health care clients. Caskey Daily was founded in 1989 and has built up a health care practice that will help KSM to expand its own health care practice, which […]
Losing bets; out on a limb; Perfect no more; and other highlights of recent tax cases. Newark, New Jersey: Preparer Wayne Dunich-Kolb, 54, has been sentenced to six years in prison for filing false federal income tax returns, stealing client refunds and committing identity theft in connection with refunds stolen from a deceased taxpayer. Dunich-Kolb […]
Receipt Bank is asking small business owners to nominate important accountants in their lives for the accounting software company’s “#GiveYourBookkeeperaBreak” campaign. Launched to coincide with Global Bookkeeping Week (Nov. 18-23, 2019) and Global Entrepreneurship Week (Nov. 18-24, 2019), the campaign will highlight bookkeepers and accounting professionals who have had profound effects on small businesses. The […]
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