High Quality Work…Great Customer Service.
As we prepare to close out this most tumultuous of years, I can’t help but reflect on the immense changes we’ve witnessed the profession make in a very short time. Remote work has gone from the exception to the rule, which has, in turn, forced a rethink of virtually every process and procedure in our […]
Audit firms have taken a number of steps to meet the challenges of the COVID-19 pandemic, according to a new report from the Public Company Accounting Oversight Board providing insights into recent PCAOB inspections. The spotlight publication, “Staff Observations and Reminders During the COVID-19 Pandemic,” highlights select staff observations from recent inspections of reviews of […]
The House of Representatives approved legislation that could ultimately lead to Chinese companies — including behemoths like Alibaba Group Holding Ltd. and Baidu Inc. — getting kicked off American stock exchanges if U.S. regulators aren’t allowed to review their financial audits. The legislation won bipartisan support in the House after easily clearing the Senate back […]
Scams of the season; the size of the IRC; how to market next year; and other highlights from our favorite tax bloggers. Warm and fuzzy Tax Vox (https://www.taxpolicycenter.org/taxvox): Supreme Court verbal arguments begin in CIC Services v. IRS, a little-known case that threatens to gut the ability of the IRS to limit abusive tax shelters, […]
When CEO Sasan Goodarzi took the helm at Intuit in 2019, he declared a new strategy around making QuickBooks an artificial intelligence-driven, expert platform. He couldn’t have been ready for a global pandemic the very next year — no one could — but the company has ridden the wave of technology acceleration spurred by COVID-19 […]
Lawmakers are still divided along partisan lines about how — or whether — to proceed with another round of economic stimulus before the year’s end, but one issue has the backing of most Senators: tax cuts for beer, wine and liquor. A bipartisan group of 57 senators sent a letter to Senate leadership Tuesday asking […]
UHY tax principal Therese Wolfe says Generation X is sandwiched between the needs of their aging parents and those of their college-debt burdened children — and they need help to handle the financial burdens.
Island girls; five-year mission; nurse malpractitioner; and other highlights of recent tax cases. St. Croix, U.S. Virgin Islands: Patricia Henry has been found guilty of conspiracy to defraud the U.S. Patricia Henry, her daughter Phiona Henry, and others participated in a scheme to steal federal income tax refunds from 2010 to 2013. The scheme involved […]
The outcomes of two runoff elections in Georgia that are scheduled for Jan. 5 will determine the balance of power in the U.S. Senate, and may also have an impact on the kind of tax planning that accountants should be advising their clients to do. President-elect Joe Biden’s ability to pass his tax proposals into […]
Powered by WordPress. AwesomeOne theme by Flythemes