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In your role as a CPA, you’re a trusted resource for your clients and that means it’s important for you to keep abreast of all regulations that could potentially impact them. Amidst a never-ending to-do list, keeping up with regulations is a must—and in today’s regulatory environment, few things are more uncertain and impactful than […]
President Trump’s recent tweet about “internet taxes” reignited debate about sales tax liabilities for businesses that sell products online. Internet sellers have been grappling with the murky sales tax implications of online sales for well over a decade. Increasingly, though, they are also beginning to focus on the uncertainty surrounding state corporate income taxes. This […]
Three international standard-setting boards for auditing, accounting ethics and accounting education issued a new publication Monday in the hopes of making accountants and auditors more skeptical of management assertions. A joint working group with representatives from the International Auditing and Assurance Standards Board, the International Ethics Standards Board for Accountants, and the International Accounting Education […]
Managing change in an increasingly digital world is both a challenge and an opportunity for accounting firms. Today, we are entering the era of the “Smart Internet,” as machines can be taught to learn. As a profession, we must be thinking about how we will embrace these rapid changes in technology as they are headed […]
Ireland and Apple Inc. are close to a deal to protect the Irish government from any losses that could occur while it holds as much as 15 billion euros ($17.7 billion) of the IPhone maker’s money during a tax fight with European Union regulators, according to two people familiar with the matter. In an order […]
Here are ten things in technology that happened last month and how they affect your firm and your clients’ businesses. Did you miss them? 1. McDonald’s has a new way to find potential workers: on Snapchat. The fast-food giant has announced that it will be filling 250,000 job openings in America by teaming up with […]
Taxes are rarely the first thing an entrepreneur thinks about – which is why tax and accounting advisors should. With that in mind, the IRS put together a short list of tax-related considerations for start-up businesses that experts can share with clients. (The service also offers plenty of information for entrepreneurs and their advisors at […]
The Internal Revenue Service issued a reminder that, for many truckers and owners of heavy highway vehicles, their federal highway use tax return is due at the end of August. Vehicle owners who are due to file a Form 2290 and pay the accompanying tax must submit them by Aug. 31 for the tax year […]
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