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Sage has released Sage Intacct Budgeting and Planning for small to midsized businesses, stemming from its acquisition of Budgeta earlier this year. The new tool is a cloud-based financial budgeting and planning solution that allows for collaboration between users on the platform, with the goal of eliminating spreadsheets and emails from the planning process. Budgeta, […]
Recovering the EITC; unwrapping sales tax; gambling losses and other natural disasters; and other highlights from our favorite tax bloggers. Manafortitude Federal Tax Crimes (http://federaltaxcrimes.blogspot.com/): Paul Manafort has reached a plea agreement with the special counsel that requires his cooperation with the special counsel — but do President Trump and Manafort have a joint defense […]
Women head up a low percentage of the audits of major public companies by Big Four firms, according to a report from the CFA Institute. The study found that only 15 percent of lead engagement partners of the SP 500 were female, while only 11 percent of lead engagement partners of the SP 100 were […]
Working in the cloud allows accountants to reduce operating costs and work more efficiently. It allows them to simplify the management of their finances using accounting software and automate administrative functions with software-as-a-service (SaaS)-based applications. However, whilst cloud adoption continues to surge, issues of security and privacy remain a concern for some. Many still believe […]
I started these columns almost five years ago and I feel like I am not a day older than when I started. Chronologically maybe, but mentally, no, and I might even be younger. These columns serve to have me “youthen” like Merlin. Let me explain. When I started writing these columns, my purpose was to […]
Anthony Delfiner (pictured) was hired as a tax partner in the commercial business group in the Jenkintown office of Marks Paneth. RKL Wealth Management, a subsidiary of RKL, Lancaster, announced three promotions and a transfer: Nicholas Boyer was promoted to chief investment officer/executive vice president, Jeffrey Guindon was promoted to senior wealth advisor, Michael Hinerdeer […]
Marcum, New York, certified a Guinness World record honoring 9/11 hero Welles Crowther, which was featured in the debut episode of new show “Breaking History.” Marcum partner John Hughes and manager Nicholas O’Rourke (pictured) served as witnesses for the successful attempt to break the record for most bandanas tied together as a tribute to Crowther, […]
Bloomberg Tax and Thomson Reuters have released their 2019 projected inflation adjustments for a variety of tax-related items that are subject to change each year, but particularly after last year’s big tax overhaul. Typically, items such as tax brackets and deduction amounts have been based on the Consumer Price Index for All Consumers, also known […]
Martin Baumann, the former chief auditor and director of professional standards at the Public Company Accounting Oversight Board, has been appointed as the new chair of the International Auditing and Assurance Standards Board. He has been appointed for a three-year term starting Jan. 1, 2019, and will be succeeding Professor Arnold Schilder, whose has chaired […]
The Public Company Accounting Oversight Board has entered into a cooperative agreement with the Audit Oversight Body of Austria to do joint inspections and oversight of auditing firms that are subject to both U.S. and Austrian jurisdiction. The deal also allows for the exchange of confidential information between the two countries. The PCAOB has already […]
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