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Month: November 2020

PrimeGlobal announces strategic partnership with AICPA

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November 4, 2020
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| Tax News And Info

PrimeGlobal, an association of independent accounting firms, announced a global strategic partnership Tuesday with the American Institute of CPAs. The partnership will aim to provide PrimeGlobal member firms with additional resources, tools and thought leadership to help members grow their business opportunities abroad. “Through this global partnership with AICPA, PrimeGlobal members now have access to […]

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Posted in Tax News And Info Tagged irs, tax news

In the blogs: Getting dark early

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November 4, 2020
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| Tax News And Info

PPP questions; differentiating data; partner preparation; and other highlights from our favorite tax bloggers. Getting dark early Mauled Again (http://mauledagain.blogspot.com/): Ah, that timeless election-year refrain: “Tax Lies and Misleading Tax Claims.” Don’t Mess with Taxes (http://dontmesswithtaxes.typepad.com/): COVID again clobbers the Tax Court. Tax Warriors (https://www.taxwarriors.com/blog): Working from home has created a host of state and […]

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Posted in Tax News And Info Tagged irs, tax news

NABA looks to partner with firms to diversify accounting profession

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November 3, 2020
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| Tax News And Info

The National Association of Black Accountants is hoping to expand its partnerships with accounting firms and corporate America to bring more diversity to the accounting profession. NABA chairman Herschel Frierson, a managing director at Crowe LLP, talked about some of the challenges that Black accountants are still facing, despite the commitments made by corporate leaders […]

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Posted in Tax News And Info Tagged irs, tax news

Coronavirus exposes internal auditors to new risks

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November 3, 2020
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Internal auditors are facing a host of risks during the COVID-19 pandemic in business continuity, crisis management, cybersecurity and other areas, according to a new report. The report, released Monday by the Institute of Internal Auditors, follows up on a similar report released last year, and discusses the top 11 risks facing organizations. For the […]

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Posted in Tax News And Info Tagged irs, tax news

More flexibility for taxpayers with tax debts amid coronavirus

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November 3, 2020
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| Tax News And Info

The Internal Revenue Service is making some changes in its collection program to lessen the burden on taxpayers who owe outstanding tax debts and are trying to cope with the economic fallout of the COVID-19 pandemic. The IRS said Monday that it’s making it easier to set up payment agreements and offers in compromise as […]

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Posted in Tax News And Info Tagged irs, tax news

Boomer’s Blueprint: Increasing CIO value

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November 2, 2020
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| Tax News And Info

CIOs and IT directors are being asked to do more with their IT resources and, at the same time, increase client value. It sounds simple but isn’t easy to accomplish, especially in a pandemic and with rapidly changing technology. For over 20 years, I have focused on bridging the gap between firm leadership and IT […]

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Posted in Tax News And Info Tagged irs, tax news

An avalanche of fraud buried a small-business relief program

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November 2, 2020
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| Tax News And Info

For a few months this year, a U.S. government aid program meant for struggling small-business owners was handing out $10,000 to just about anyone who asked. All it took was a five-minute online application. You just had to say you owned a business with at least 10 employees, and the grant usually arrived within a […]

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Posted in Tax News And Info Tagged irs, tax news

Impact investing with donor-advised funds can boost clients’ philanthropy

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November 2, 2020
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| Tax News And Info

If you have clients who are philanthropic, chances are you’ve heard of donor-advised funds. DAFs are the fastest-growing charitable giving vehicle in philanthropy for a good reason: They offer tax advantages, legacy planning options and flexibility that other giving vehicles can’t. And if your clients know about or already have a DAF, they might also […]

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Posted in Tax News And Info Tagged irs, tax news

Tech news: Wolters Kluwer adds eSignature to ATX, and more

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November 1, 2020
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| Tax News And Info

Wolters Kluwer adds eSignature to ATX, BKD wins HR award, and Xendoo adds Biller Genie integration for AR.

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Posted in Tax News And Info Tagged irs, tax news

People & firms on the move: Sweeney Conrad relocates in Washington

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November 1, 2020
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| Tax News And Info

BDO, New York, released a report, “The BDO 600: 2020 Study of Board Compensation Practices of 600 Mid-Market Public Companies,” which analyzes how middle-market companies are compensating their board directors. The report is available here. Steven Hart was hired as the first chief information officer at Janover, New York, where he will be expanding the […]

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Posted in Tax News And Info Tagged irs, tax news
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