Tag: tax news
Arthur Andersen accuses Andersen Tax of forgery
The French company that claims to hold the trademarks of the former Big Five accounting firm Arthur Andersen Co. sent Accounting Today a copy of the lawsuit Friday it filed against Andersen Tax over the rights to the Andersen brand, alleging the use of forged documents and an attempt to obtain court rulings using forgeries. […]
The tax implications of the GOP health bill
Tax experts are poring over the Senate version of the Republican health care bill, examining the bill’s tax provisions and its differences from the House version of the legislation. The two versions of the Senate and House bills are not that far apart, according to Dustin Stamper, a director in Grant Thornton’s Washington National Tax […]
New phishing scam targets tax pros
The Internal Revenue Service, along with state tax agencies and the tax industry, is cautioning tax preparers to beware of a new phishing scheme revolving around emails claiming to be from a tax software education provider. The phishing email uses the name of a real U.S.-based preparer education company, although the IRS did not identify […]
Employer branding strategy best practices for CPA firms
Professional services companies such as CPA firms are unique animals when it comes to marketing. Their offerings are, for the most part, intangible—time, experience and expertise. Unlike manufacturing businesses and other product-based companies, service firms live or die by the trust their clients put in them. And that trust is built by the employees who […]
AccountantsWorld integrates with Ledgersync
AccountantsWorld has integrated its Accounting Power cloud-based software with Ledgersync, a company that provides feeds of banking information such as checks, bank statements and transactions that go automatically into accounting software. The new feature automatically classifies transactions with the relevant accounts for accountants to make the client write-up process more efficient. All bank and credit […]
Tax Fraud Blotter: Copping a plea
Stolen names and SSNs; ‘substantial’ fees in a $1.1 million scheme; Canadian conspiracy; and other highlights of recent tax cases. Allentown, Pa.: Preparer Jessenia E. Cordero, 37, has been sentenced to 42 months in prison for conspiring to file tax returns using stolen identities. According to the indictment and information presented to the court, Cordero […]
More ITINs to expire
The IRS is warning a new set of Individual Taxpayer Identification Number holders that their numbers are set to expire at the end of 2017, and that they’ll need to renew them before they next file a return. In the second year of the renewal program, the IRS has made changes to make the process […]
How time and attendance technology can benefit your small business clients
Accountants and other financial advisers know better than most how busy small business owners are and how much they value any advice, resources or tools that can help them save time, particularly on administrative tasks. A time and attendance solution can improve both efficiency and accuracy in time reporting and management, but some small business […]
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