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Planning for a secure retirement is a top-of-mind priority for almost every American worker. Yet, according to a recent study by the Federal Reserve, one-quarter of those who are not retired say they have no retirement savings or pension whatsoever. At the end of 2019, a significant step was taken in addressing the retirement crisis […]
As part of its Tax in 2020 initiative, Deloitte has introduced Immersive Mobility, a virtual reality-driven service that helps orient transitioning employees to new locations. The new offering is designed to reduce the financial and environmental costs of relocation. Immersive Mobility offers 360-degree city tours, virtual home tours, onboarding, and mixed-reality training combining virtual reality, […]
Intuit, maker of QuickBooks, has harnessed the popular app Karbon to create the new Intuit Practice Management, planned to be available for tax year 2020. With it, tax professionals will be able to navigate Intuit ProConnect Tax Online and Lacerte to scope work, automate data collection, scale client onboarding, anticipate bottlenecks and automate recurring work. […]
Abeles and Hoffman adds four to ownership group; Lumsden McCormick promotes five to manager; and more personnel news.
NATP announces 2020 Tax Forums; Hancock Askew creates Clarity Capital Advisors; and more CPA news.
A brewing fight about which country has the right to tax some of the world’s most profitable companies, including Facebook Inc. and Alphabet Inc.’s Google, could devolve into a multi-front trade war, regardless of whether President Donald Trump is still in the White House. Even if a Democrat wins the presidency in November, it could […]
The Greater Orlando Chapter of the National Association of Black Accountants is set to host its annual Accounting Careers Awareness Program at the University of Central Florida from July 12-17. The Accounting Careers Awareness Program raises awareness of accounting career opportunities among high school students from underrepresented ethnic groups. The one-week residency program has students […]
The Internal Revenue Service and the Treasury Department have named a new National Taxpayer Advocate to run the Taxpayer Advocate Service at the IRS, Erin M. Collins, who formerly worked at KPMG and the IRS. Collins was managing director of KPMG’s Tax Controversy Services practice for the Western Area for 20 years, and prior to […]
The Supreme Court vacated and remanded Tuesday an appeals court decision that found under federal common law, a tax refund due from a joint tax return generally belongs to the company responsible for the losses that form the basis of the refund, rejecting a nearly half-century-old precedent. In Rodriguez v. Federal Deposit Insurance Corporation, the […]
Desktops, laptops, tablets and smartphones all offer capabilities that accountants could only dream about in past years. But those capabilities come at a price. Breaches, data theft, viruses and ransomware all come along with the benefits. Cybersecurity — keeping your data and that of your clients safe — has to be a concern, and one […]
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