March 21, 2018
If you haven’t checked whether your medical expenses could get you a tax break on your 2017 return, it might be worth the chore of digging through records and tallying […]
March 21, 2018
The IRS released its updated 2018 list of the top 12, or “Dirty Dozen,” tax scams on Tuesday. Like last year’s list, the biggest story this tax season was phishing […]
March 21, 2018
Clients may come in having heard that the IRS actually audits relatively few returns. But the IRS is more than six times more likely to challenge returns than is commonly […]
March 21, 2018
Congressional Republicans created a juicy new tax break for business owners when they rewrote the U.S. tax code late last year. Three months later, hundreds of thousands of U.S. employers […]
January 23, 2018
The U.S. regulator overseeing auditors was rocked by criminal charges as federal prosecutors accused three former employees of leaking inside information to KPMG LLP so it could improve its audit results. The […]
January 23, 2018
The Financial Accounting Standards Board has posted four more Staff Q&A documents dealing with various financial accounting and reporting implementation issues stemming from the Tax Cuts and Jobs Act, the […]
January 23, 2018
After decades stuck in research labs, artificial intelligence (AI) is ready for prime-time, transforming if not disrupting all the sectors of the economy that generate lots of data (big data), […]
January 18, 2018
The Institute of Internal Auditors is updating its Certified Internal Auditor exam with more content on subjects such as cybersecurity and information technology. The three-part CIA exam aims to test […]
January 18, 2018
Mandatory retirement might seem like a relic but it remains common at accounting firms. Most top firms require partners to exit between the ages of 60 and 66. One firm […]