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Tag: tax news

Talking change at AICPA Engage 2019

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June 19, 2019
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| Tax News And Info

I spent the past week at the 2019 AICPA Engage conference in Las Vegas gambling, relaxing by the pool and singing karaoke. Oh! And I spent a whole day hosting a live podcast and interviewed more than 20 accounting professionals, firm owners, technology vendors and thought leaders. My guests spoke on a range of topics, […]

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Posted in Tax News And Info Tagged irs, tax news

Accounting profession looks ahead to opportunities and risks

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June 19, 2019
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A panel of experts discussed the future of the accounting profession and the threats and opportunities facing finance and accounting leaders during the Institute of Management Accountants’ annual conference in San Diego, marking the IMA’s 100th anniversary. They also described how they got started in the accounting profession. Sue Hohenleitner, vice president of finance, acquisition […]

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Posted in Tax News And Info Tagged irs, tax news

Cryptic indeed: Tax pros and clients need to know more about crypto

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June 19, 2019
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| Tax News And Info

IRS guidelines seem clear: making profits on cryptocurrencies means paying taxes on the gains, with the transactions considered like stock transactions — yet many remain fuzzy on how Bitcoin and other virtual, ether-space assets generate tax – or, for that matter, profit. There seems to be a lot of education needed for both clients and […]

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Posted in Tax News And Info Tagged irs, tax news

Is VAT a villain?

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June 18, 2019
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Tom Wheelwright does not like tariffs. But he sees the current interest in tariffs on the part of the Trump administration partly as an attempt to correct the imbalance caused by value-added taxes imposed by our trading partners. “The reason there is a tariff war is because the way the U.S. tax law is structured, […]

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Posted in Tax News And Info Tagged irs, tax news

TXCPA honors 2019 ‘Rising Stars’

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June 18, 2019
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The Texas Society of CPAs announced that 20 local CPAs have been honored as 2019 Rising Star honorees. The annual recognition highlights CPAs in the state who are under 40 years old and have demonstrated “innovative leadership qualities,” in both the accounting profession and their local communities. A panel of independent judges selects TXCPA members […]

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Posted in Tax News And Info Tagged irs, tax news

The M&A Repair Manual: Chapter 3

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June 18, 2019
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Over the course of my career as a CPA firm owner, I have had a few mergers, retirements and de-mergers. If we follow all the instructions to build a larger firm based on a plan and it does not work right after the merger, then we need to think about how we can fix it […]

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Posted in Tax News And Info Tagged irs, tax news

Right Networks turns QuickBooks Desktop to ‘Always On’

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June 17, 2019
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Right Networks is deploying its recently-acquired Autofy integration platform into the company’s hosted QuickBooks Desktop environment. According to Right Networks, this deployment transforms the hosted QBD platform to make it operationally similar to QuickBooks Online. Autofy integrates QuickBooks products with online sales platforms including SalesForce, Amazon and Shopify to make e-commerce workflow easier. The technology […]

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Posted in Tax News And Info Tagged irs, tax news

KPMG to pay $50M for cheating on PCAOB exams

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June 17, 2019
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The Securities and Exchange Commission charged KPMG LLP on Monday with changing some of its previous audit work after the Big Four firm received stolen information about inspections of the firm that would be conducted by the Public Company Accounting Oversight Board. The SEC’s order also found that a number of KPMG audit professionals cheated […]

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Posted in Tax News And Info Tagged irs, tax news

People on the move: Grant Thornton shifts CEO to emeritus

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June 17, 2019
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Lori Roth was named managing partner for the Northeast region and partner Stuart Mayer (pictured) was named office managing partner of Prager Metis, New York. Michael Leigh was hired to lead the cyber and information security practice at Grassi Co., New York. Dominic Rovano, partner at Janover, received the 2019 Outstanding State-Wide Committee Chair Award […]

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Posted in Tax News And Info Tagged irs, tax news

Firms on the move: Blumshapiro teaches financial literacy

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June 16, 2019
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Photo: AICPA The American Institute of CPAs honored seven CPAs under the age of 40 with the Personal Financial Planning Standing Ovation awards at the AICPA Engage conference in Las Vegas: Rod Dooley, Dooley and Company, LLC, Lexington, S.C.; James Eaton, KatzAbosch, Timonium, Maryland; Lindsay Glassman, Landmark Wealth Management, Amherst, N.Y.; Sebrina Ivey, GHP Investment […]

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Posted in Tax News And Info Tagged irs, tax news
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