High Quality Work…Great Customer Service.
The American Institute of CPAs is asking the Treasury Department and the Internal Revenue Service to push back the tax filing and payment deadline for two months. The AICPA sent a letter Thursday to officials at the Treasury and the IRS asking for an extension until June 15, pointing to the challenges created by the […]
The Securities and Exchange Commission has formed a Climate and ESG Task Force in its enforcement division to identify misconduct in environmental, social and governance reporting. The task force will be spearheaded by Kelly L. Gibson, the SEC’s acting deputy director of enforcement, who will oversee an effort throughout the enforcement division, with 22 members […]
The COVID-19 pandemic has made technology more important more quickly than anyone could have foreseen. A popular refrain in accounting circles is that the sudden, massive shift to remote work necessitated by stay-at-home orders has advanced tech adoption across all industries forward five years. That’s good, because corporate accountants play a key role in helping […]
The House Oversight and Reform Committee is probing whether executives at four drug industry companies plan to use a pandemic-related tax break to deduct opioid settlement payments. Drug distributor Cardinal Health Inc. has said it plans to use a temporary tax break in the 2020 Cares Act that allows corporations to deduct losses, including those […]
Employment increased by a robust 379,000 jobs in February, the U.S. Bureau of Labor Statistics reported Friday, although there was a drop in accounting and bookkeeping services positions. The unemployment rate dropped only one-tenth of a percentage point to 6.2 percent, but the strong job gains beat analyst expectations, with economists predicting only about 150,000 […]
Given how disastrous 2020 was, the fact that the 2021 class of the Top 100 Firms and Regional Leaders showed growth at all was remarkable — and that so many managed double-digit revenue increases is remarkable. And yet, while there were a full 20 firms from the two lists that posted growth rates above 15 […]
The Biden administration said it needed more time to decide whether to turn over former president Donald Trump’s tax returns to Congress. In a court filing Wednesday, the Treasury Department and the Justice Department said they were still weighing how to respond to a subpoena by House Democrats seeking six years of Trump’s personal and […]
The Senate enters the final stages of debating President Joe Biden’s $1.9 trillion pandemic relief bill on Thursday, with passage in the chamber likely pushed off until the weekend. Senate Majority Leader Chuck Schumer had planned to kick off the process Wednesday night but lacked an official cost estimate on the latest version of the […]
It was about five years ago when Tiffany Vaughn, an audit and assurance director from a Big Four firm on maternity leave with her first child, decided to devote more time to another money-related passion of hers, personal finance. Given her recent life change, Vaughn was evaluating her family’s own finances when she began sharing […]
The corporate finance and accounting area underperforms compared to other job functions when it comes to diversity, equity and inclusion, according to a new study. People of color comprise only 11 percent of the total workforce in corporate finance, and just 6 percent of senior finance roles, according to data from the research firm Gartner. […]
Powered by WordPress. AwesomeOne theme by Flythemes