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The EY Americas Tax Innovation Foundry will hear pitches from tech startups at the first FinTech Pitch Day on June 28 in Boston. The Foundry is EY’s in-house accelerator for tax technology, charged with furthering the next generation of tax services EY firms offer clients. For the pitch day, EY invites global fintech (financial technology) […]
Let’s say it’s performance review time, and you nonchalantly slip in that one of your team members, let’s call her Madison, “needs to be more professional.” In your mind, you know exactly what this means. It’s helpful and straightforward feedback. Twenty years from, now when Madison is managing partner and she is receiving a prestigious […]
New Jersey Attorney General Gurbir Grewal warned the Internal Revenue Service that he will fight any challenge to a law that preserves state and local property-tax deductions. Grewal’s letter to acting Commissioner David Kautter was in response to an IRS notice issued Wednesday that said taxpayers must adhere to federal law when filing. New Jersey […]
Armanino holds 10th annual Great Give Top 100 Firm Armanino closed its offices yesterday as part of the firm’s 10th annual Great Give. The yearly community service event sees staff members join local nonprofits for a variety of philanthropic projects that serve the communities where they live and work. Armanino set a goal of donating […]
The Internal Revenue Service offered information Friday about changes from the Tax Cuts and Jobs Act on the rules for moving expenses, vehicle expenses and unreimbursed employee expenses, along with higher depreciation limits for some vehicles. The TCJA, the tax overhaul that Congress passed last December, suspends the deduction for moving expenses for tax years […]
TaxDay, which makes a travel-tracking app for travelers who live or conduct business in multiple states, is now an official partner of the Major League Baseball Players Association. TaxDay has been tasked with simplifying members’ documentation and reporting of multi-state residency, travel and work, which is required by U.S. tax law. The official partner status […]
Almost one out of two large global companies experienced some form of fraud, theft, money laundering or other financial crime in the past year, according to a new report. The report, from Thomson Reuters surveyed more than 2,300 senior business leaders and found that 47 percent of them admitted their organization had experienced at least […]
New phishing emails from scammers are posing as state accounting and professional associations to lure tax pros into volunteering sensitive info, the IRS said. Tax professionals have reported getting emails that tried to trick them into disclosing their email usernames and passwords. Cybercriminals targeted tax pros in Iowa, Illinois, New Jersey and North Carolina. The […]
The Public Company Accounting Oversight Board censured Deloitte Touche LLP and imposed a $500,000 penalty against the Big Four firm for overlooking material accounting errors during three consecutive audits of Jack Henry Associates, Inc., a Missouri-based IT provider for banks and credit unions. The PCAOB charged Deloitte with violating its rules and auditing standards in […]
Vena Solutions, which makes Excel-based, cloud accounting and corporate performance management software, has issued its latest product update, with 40 feature enhancements, including full integration with Microsoft Office 365. Better usability is the focus of Vena’s new release. The enhancements include: Full Office 365 integration: Manage data with Office 365, from viewing reports to multi-user […]
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