All across America, hard-working people receive their personal income tax returns and wonder why they still owe money at tax time.
 
 
Accounting Today
 
 
Home  |  Subscribe
 
 
 
Daily Edition
 
 
Jul 07, 2016
 
 
 
Top Stories
 
The Multiple-Employer Trap
 
The Multiple-Employer Trap
by STEVEN P. KESSLER
 
All across America, hard-working people receive their personal income tax returns and wonder why they still owe money at tax time.
READ MORE »
 
 
Wells Fargo's Partial Tax Victory May Spur Billions in Refunds
by LYNNLEY BROWNING
 
Wells Fargo & Co. got less than it wanted in a federal tax-refund lawsuit, yet the bank’s partial victory may spur billions of dollars in similar refund claims from companies that have done repeated mergers and acquisitions, tax lawyers say.
READ MORE »
 
 
Enable images for best view
 
Deloitte Shares Golf Tips with the USGA
by MICHAEL COHN
 
Deloitte has been working with the United States Golf Association to help the USGA broaden the appeal of golf and understand what is drawing players to the game.
READ MORE »
 
 
SPONSOR CONTENT
These 5 cloud bookkeeping mistakes could be costing you money
 
New for 2016. Transitioning your practice to the cloud can be difficult, but it doesn't have to be. There are 5 big pitfalls most practices encounter when going to the cloud, and we'll show you how to avoid them.
GET THE FREE GUIDE. »
 
 
IRS Warns Tax Pros of Security Risks
by MICHAEL COHN
 
The Internal Revenue Service has begun a new campaign to make tax preparers more aware of security risks that could expose their clients to identity theft and tax fraud.
READ MORE »
 
5 Reasons Tax Professionals Should Embrace Customer Reviews
 
5 Reasons Tax Professionals Should Embrace Customer Reviews
by ODYSSEAS PAPADIMITRIOU
 
With the regulations that once kept financial advisors and other money-management professionals on the social-media sidelines a thing of the past, the floodgate of tweets, Snaps and Instagram posts should be wide open by now. But the response has actually been quite muted.
READ MORE »
 
 
 
Enable images for best view
 
IFAC Pushes to Build Accounting Profession in Developing World
by MICHAEL COHN
 
The International Federation of Accountants has been trying to build the reach and influence of the accounting profession in emerging markets in Africa, Asia and other parts of the world.
READ MORE »
 
Mountjoy Chilton Medley Merges in Elliott Davis Decosimo’s Cincinnati Practice
by MICHAEL COHN
 
Mountjoy Chilton Medley has expanded its footprint in Cincinnati by adding Top 100 firm Elliott Davis Decosimo’s practice in that city.
READ MORE »
 
5 Ways the Cloud Will Strengthen Your Audit Engagements
by CHERYL STYDNICKI AND MELISSA YARD
 
All too often, the cloud is overlooked for groups working with highly-regulated and sensitive data, but the reality is that it can provide enormous gains in terms of efficiency, productivity and security.
READ MORE »
 
Messi Given Jail Term He's Unlikely to Serve in Spain Tax Case
by RODRIGO ORIHUELA AND MARIA TADEO
 
Barcelona soccer star Lionel Messi, the record five-time world player of the year, was handed a 21-month prison sentence for tax fraud by a Spanish court that he’s unlikely to have to serve.
READ MORE »
 
AICPA Drafts Industry Guidance for Rev Rec Standard
by MICHAEL COHN
 
The American Institute of CPAs’ Financial Reporting Executive Committee has drafted a set of implementation issues for nine different industries that it plans to incorporate in a guide to the new revenue recognition standard next year.
READ MORE »
 
Virginia Society of CPAs Educational Foundation announces 2016-17 scholarship recipients
by SEAN MCCABE
 
The Virginia Society of Certified Public Accountants (VSCPA) Educational Foundation recently announced its college scholarship recipients for the 2016–2017 academic year. The Educational Foundation represents a nonprofit organization dedicated to promoting accounting education and encouraging students to pursue careers as CPAs.
READ MORE »
 
Blucora Begins Search for New Company President
by RANICA ARROWSMITH
 
TaxAct president JoAnn Kintzel is stepping down from her post and the company is entering into a transition agreement.
READ MORE »
 
Dallas, Texas firm Ryan celebrates 25th anniversary with inaugural 'RyanSHARES' day of service
by SEAN MCCABE
 
Dallas, Texas tax services firm Ryan announced on Wednesday that they will hold an inaugural, firm-wide day of service in honor of the firm's 25th anniversary on July 14, 2016. Dubbed the “RyanSHARES” day, the firm's professionals will spend a full day volunteering in their respective local communities.
READ MORE »
 
Exact Updates Macola ERP and Business Software
by RANICA ARROWSMITH
 
Cloud business software provider Exact released Macola 10.4, an enhanced version of its ERP and business software.
READ MORE »
 
FIFA Names Slovenian Tomaz Vesel to Controversial Auditing Post
by TARIQ PANJA
 
Soccer’s seven top officials selected a Slovenian to be FIFA’s new audit and compliance chief, an appointment that’s been under scrutiny following the resignation of the former office holder who claimed the role had been diminished.
READ MORE »
 
 
Enable images for best view
 
 
 
Slideshows
 
Image
 
CPAs and Tax Pros Gone Wrong
 
Some of our favorite examples of professionals breaking bad
READ MORE »
 
 
Image
 
Accountants Giving Back
 
A look at the many ways different CPA firms are contributing to their communities
READ MORE »
 
 
SEE ALL SLIDESHOWS »
 
 
 
 
White Papers
 
Three Steps to Growing Your Bottom Line - Without Hiring More Staff
 
In the past, advances in technology have primarily helped accountants perform client engagements faster and easier.
READ MORE »
 
10 Questions You Must Ask Before You Sign
 
It doesn