The Internal Revenue Service held a meeting Tuesday of its Security Summit members to discuss progress on combating identity theft-related tax refund fraud this past tax season along with plans for next year. READ MORE »
Small firms face many of the same changes that their larger-sized siblings are undertaking, but they also have a set of unique issues that must be confronted if they wish to stay competitive. READ MORE »
Employees see wealth management as a valuable addition to a tax or accounting practice if it’s offered the right way. Watch this video to learn what employees are looking for. CLICK HERE TO WATCH. »
The Internal Revenue Service needs to expand its use of data and develop a comprehensive strategy to address noncompliance by taxpayers claiming refundable tax credits such as the Earned Income Tax Credit, according to a new report. READ MORE »
Capital One’s Spark Business unit is offering some advice to accountants to help them and their small business clients get through the summertime lull and attract more customers. READ MORE »
Grant Thornton’s Hong Kong firm is expanding by merging in Mabel Chan & Co., a firm founded by the vice president of the Hong Kong Institute of CPAs. READ MORE »
The Securities and Exchange Commission voted Monday to propose amendments that would expand the threshold for businesses to qualify as a “smaller reporting company.” READ MORE »
The Public Company Accounting Oversight Board released a staff guidance document Tuesday to help auditing firms deal with new requirements for disclosing the names of engagement partners and outside firms that participated in an audit. READ MORE »
Accounting, tax and advisory services firm WeiserMazars recently completed their second annual "Days of Service" – a volunteer effort that encourages all firm professionals to spend a full day of work serving the local community and non-profits. READ MORE »
Oil-industry investor Morris Zukerman faces more than seven years in prison after pleading guilty to federal charges of evading more than $40 million in taxes. READ MORE »
