If you plan to attract and retain the best talent, you’ve got to know what matters to them. 5 most overlooked expenses in R&D credits → | By Jamie Overberg | Each year, corporations and pass-throughs across industries fail to claim R&D tax credits because they aren’t aware that many day-to-day activities qualify for this dollar-for-dollar reduction in income tax liability. | |
IRS lets taxpayers use cash, but few people do → | By Michael Cohn 3 min read | The Internal Revenue Service introduced a new payment option in 2016 that lets individuals pay their taxes with cash at participating retail chains, but less than 700 payments have been made each year since the option was made available, according to a new report. | | ACI — February 2020: A rebound → | By Daniel Hood | After taking a dip at the beginning of the year, the Accountants Confidence Index came back strongly for February. | |
How to reinvent yourself for the AI-driven world → | By Jasen Stine 3 min read | AI is the talk of the town these days, and its application to the tax and accounting profession means automating tasks that we are accustomed to billing for by the hour or form. | | IFAC highlights factors behind high-quality audits → | By Michael Cohn 1 min read | The International Federation of Accountants has released a set of recommendations for achieving high-quality audits as regulators around the world push for more thorough audits to avoid accounting scandals. | | IMA announces 2020 conference → | By Michael Cohn 1 min read | The Institute of Management Accountants opened registration Wednesday for its 2020 annual conference. | | |