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The Georgia Society of CPAs donates more than 774,000 meals via its sixth annual “Food Fight” drive; EY hold its annual Connect Day; and Saltmarsh, Cleaveland Gund staff members volunteer their time across Florida.
Section 1031 exchanges involving related parties present some of the most complex problems in Section 1031 tax law. This is partly because related-party exchanges have an additional set of rules that must be followed. What’s more, some of the additional complexity is because related-party exchanges may be scrutinized to determine their underlying purpose. The legislative […]
BKD names three office managing partners; LBMC appoints SALT leader; and more personnel news.
AICPA announces 36 Leadership Academy grads and grants 25 fellowships to minority students; RKL and Baker Tilly named Best Places to Work in Pennsylvania; and more CPA news.
In my last article, I explained the value of having a concise, well-organized agenda to keep client meetings on track. Now that you’ve had a great meeting, it’s essential to follow up on your promises, action items and deliverables from that meeting. That’s where the meeting summary letter comes in. A summary letter is a […]
The Internal Revenue Service has issued a second early draft version of the new Schedule 1 for next tax season’s Form 1040 to include a question up top about whether a taxpayer has sold, received, exchanged or acquired cryptocurrencies such as Bitcoin or Ethereum. The question asks, “At any time during 2019, did you receive, […]
The Securities and Exchange Commission has named Rebekah Goshorn Jurata, a special assistant to the president for financial policy on the White House’s National Economic Council, as a new board member at the Public Company Accounting Oversight Board, replacing Kathleen Hamm, whose short partial term expires this month, even though Hamm had expressed interest in […]
The American Institute of CPAs’ Financial Reporting Committee has sent a letter to the Financial Accounting Standards Board questioning the costs and benefits of FASB’s current goodwill impairment model. The letter, which the AICPA’s FinREC group sent last week to FASB, comes in response to an invitation to comment from FASB. FASB had asked whether […]
The American Institute of CPAs’ Financial Reporting Committee has sent a letter to the Financial Accounting Standards Board questioning the costs and benefits of FASB’s current goodwill impairment model. The letter, which the AICPA’s FinREC group sent last week to FASB, comes in response to an invitation to comment from FASB. FASB had asked whether […]
HR and payroll solutions provider Paychex introduced several new products this month, including a smartwatch plug-in for Flex Time users. Some of the new products make use of artificial intelligence software and GPS functionality to push payroll technology into the high-tech arena, and some will be fully launched next year. “The future of HR will […]
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