The American Institute of CPAs is crying foul over an ad by H&R Block suggesting that many CPAs don’t know how to prepare tax returns, but Block is promising to increase its competition with CPAs.
The American Institute of CPAs is crying foul over an ad by H&R Block suggesting that many CPAs don’t know how to prepare tax returns, but Block is promising to increase its competition with CPAs. READ MORE »
With a 400 percent surge in reported phone and email phishing and malware schemes this tax season, the American Institute of CPAs is working with Congress, the Internal Revenue Service and its members to combat tax-related identity theft and tax return fraud. READ MORE »
The Treasury Inspector General for Tax Administration is pursuing fraudsters posing as IRS agents who call to harass taxpayers about fictitious tax debts, calling them back to warn them about their criminal activity and getting the phone company to shut them down. READ MORE »
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The Financial Accounting Standards Board has issued an accounting standards update making it easier for companies to transition to the equity method of accounting. READ MORE »
In a new survey from Robert Half Management Resources and Robert Half Technology, 51 percent of CFOs claimed that they are presently collaborating more with their company's CIOs than three years ago. A scant 7 percent of respondents said they work with CIOs less often. READ MORE »
Business software giant SAP has been going beyond its traditional enterprise resource planning specialty to expand into areas such as supply chain management, travel and expense management, and the Internet of Things. READ MORE »
Texas firm Whitley Penn recently announced their monthly support to the Tarrant Area Food Bank during 2016 by providing volunteers to assist with sorting, inspecting and boxing food for Children’s Feeding Programs. READ MORE »
Although a recent ABC News/Washington Post Poll found just 6 percent of voters who lean Republican and 4 percent of those who lean Democrat rank taxes as the most important issue impacting their vote, one in five public company tax directors feel differently. READ MORE »
The House Ways and Means Committee passed a package of three bills Wednesday designed to save money for the federal government, including one that requires taxpayers claiming the Child Tax Credit to provide a Social Security number for the child to prevent undocumented immigrants from qualifying. READ MORE »
Toshiba Corp. is under investigation by the U.S. over allegations that it hid $1.3 billion in losses at its nuclear power operations, according to two people familiar with the matter. Shares plunged in Tokyo. READ MORE »
Aldor Delp of ADP discusses how accounting firms can attract the best talent at a competitive time in the labor market, in an interview with Dan Hood of Accounting Today. READ MORE »
Audit firm policies designed to protect whistleblowers against retaliation for reporting wrongdoing could backfire and make potential tipsters even more fearful of the possible consequences, according to a new academic study. READ MORE »
Greatland Corporation has compiled a list of misconceptions when it comes to tax-reporting requirements. Failing to understand the real truth behind these myths can cost a business extra money to file again or, even worse, to pay steep fines if reporting is not done in compliance with regulations. READ MORE »
Addressing the Indirect Tax Challenges Facing Communications Providers, an Aberdeen Group white paper brought to you by Avalara, outlines key obstacles communications service providers face in tax management. READ MORE »