Daily Edition: Tax Savings from a Home Office

Improve efficiency. NEW Bill.com Multi-client Accountant Program streamlines A/P & A/R with fast & easy processing. Syncs with QuickBooks, Xero & more. Try with no risk. No credit card required.
LEARN MORE »

Firm News - July 15, 2016

A roundup of recent expansions, additions, new services and other news from firms across the country.
READ MORE »

Tax Fraud Blotter: Cash in the Bathroom

by JEFF STIMPSON

A roundup of our favorite recent tax fraud cases.
READ MORE »

Art of Accounting: Shirts for Staff

by EDWARD MENDLOWITZ

I like to wear shirts with my firm’s logo. We have an arrangement with Land’s End where we can order what we want from their catalog and have the Withum logo applied. It is a very easy process.
READ MORE »

Is This the ‘End of Accounting’? Maybe So

by MICHAEL COHN

The standard GAAP accounting measures are less and less useful to investors, according to a new book with the provocative title, “The End of Accounting.”
READ MORE »

U.S. Corporate Tax Directors Have a Hard Time Adjusting to BEPS

by MICHAEL COHN

Tax executives at U.S.-based multinational companies are having a hard time adjusting to the new rules demanded by the Organization for Economic Cooperation and Development’s Base Erosion and Profit Shifting plan, also known as OECD BEPS, according to a new survey.
READ MORE »

In the Blogs: At Your Service

by JEFF STIMPSON

Highlights of some of our favorite tax-related blogs from the past week.
READ MORE »

Rand Group Hires Leader for Dynamics AX Practice

by RANICA ARROWSMITH

Microsoft reseller Rand Group has hired a new executive to lead its Dynamics AX practice.
READ MORE »

AICPA and NAF's Academy of Finance announce launch of 'Recognition Program' to draw young talent to profession

by SEAN MCCABE

Today at NAF Next 2016 - NAF’s annual professional development conference - the AICPA and NAF announced the launch of a new high school prep program aimed at increasing and diversifying the pipeline of students entering the accounting profession. Dubbed the AICPA/NAF Recognition Program, the initiative will launch nationwide this Fall in 209 Academies of Finance in 117 school districts across 32 states and the U...
READ MORE »

LSU wins Deloitte Foundation's 21st annual National Student Case Study Seminar

by SEAN MCCABE

Deloitte announced on Monday that a team of undergrad and graduate accounting students representing Louisiana State University (LSU) placed first in the Deloitte Foundation's 21st annual National Student Case Study Seminar. The Deloitte Foundation awarded each of the five winning LSU team members a $2,000 scholarship and a $10,000 award towards LSU's accounting program.
READ MORE »

Institute of Internal Auditors Kicks Off Conference

by MICHAEL COHN

The Institute of Internal Auditors opened its international conference Monday in New York with a pair of reports on the internal audit function and audit committee oversight.
READ MORE »

Gilead Seen Cutting Taxes by $10 Billion as Pricey Drug Took Off

by DAVID KOCIENIEWSKI

Gilead Sciences Inc.’s profit margin has soared and its tax rate has plummeted since the drugmaker introduced its controversial $1,000-a-day medication for hepatitis C, according to a report by an advocacy group that accuses the company of using accounting gimmicks to stash billions in earnings in tax havens offshore.
READ MORE »

IRS Offers Safe Harbors for Acquisition of Corporate Control

by MICHAEL COHN

The Internal Revenue Service has released a revenue procedure providing two safe harbors for corporate acquisitions.
READ MORE »

AICPA Will Finance Assurance Research

by MICHAEL COHN

The American Institute of CPAs is planning to fund academic research on audit and assurance services.
READ MORE »