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Reopenings begin with masks, conference rooms have gone Zoom, and businesses face a load of new questions — but for many, the future comes down to one: “How am I going to survive?” “It really depends on the business. It’s hard to tell a spa client to go virtual,” said Lawrence Pon, a CPA at […]
Many businesses have faced enormous challenges as they struggle to cope with COVID-19. The oil and gas industry has been particularly hard hit, at a time when operators are already dealing with a sharp decline in demand, an oversupply of foreign oil and plummeting prices. The shutdown in March forced OG firms to confront the […]
OnPay debuts customizable reports; Wagepoint receives $10 million investment; Inflo debuts Workpapers for digital audits; and SIX releases data service for assessing tax-related costs.
VSCPA forms a Diversity, Equity Inclusion Advisory Council; Mauldin Jenkins launches a new tax prep service; and more CPA news.
Avalara has debuted a new compliance solution for the alcoholic beverage industry, AvaTax for Beverage Alcohol. The new product comes after Avalara bought Compli, which provides compliance services, technology and software to producers, distributors and importers of alcoholic beverages in the United States, last year. AvaTax Beverage Alcohol provides compliance solutions for wineries, distilleries, breweries, […]
Apple Inc.’s victory over a record back-tax order faces a challenge at the European Union’s top court as Competition Commissioner Margrethe Vestager seeks to rescue her crackdown on allegedly unfair fiscal deals doled out to multinational companies. The EU’s General Court “made a number of errors of law” when it sided with Apple in its […]
The accounting profession today is on the brink of another radical change in technology adaptation, thanks to COVID-19. Many of us have written at length about the impact COVID-19 had on practice management, staff communications, billing models and more. What we hope doesn’t happen as we return to the office is also a return to […]
The Internal Revenue Service is giving taxpayers and practitioners some extra time if they tried to file their returns on Sept. 15 through CCH Axcess, but were unable to do so because of a system outage. Earlier this month, Wolters Kluwer Tax Accounting, which provides the CCH line of tax software, experienced an outage in […]
Victims of Hurricane Sally have until mid-January to file various federal individual and business returns and make tax payments. The IRS is offering this relief to any area designated by the Federal Emergency Management Agency as qualifying for individual assistance. Currently this includes Baldwin, Escambia and Mobile Counties in Alabama, but taxpayers in localities qualifying […]
Lawyers for Donald Trump were met with skepticism from federal appeals court judges as they made their latest attempt to block New York prosecutors from getting their hands on his tax filings and other financial documents through a grand jury subpoena. “Are you asking us to change the way grand juries have done their work […]
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