AccountantsWorld Daily News RSM USâs $950,000 Fine Is a Reminder That Performing Non-Audit Services for Audit Clients Can Get You Into Trouble (Going Concern) - Because RSM US got into some sticky situations with audit clients, Adams & Co. settled with the SEC for $950,000 without having to admit or deny the allegations. ADVERTISEMENT Share our news via Twitter and Facebook, on your personalized news page. MORE HEADLINES Proposed Regs. Govern Maximum Automobile Values (JofA) - Consistent with the substantial increase in the dollar limitations on depreciation deductions under Sec. 280F(a), the proposed regulations increase, effective for the 2018 calendar year, the maximum base FMV of a vehicle for use of the fleet-average or vehicle cents-per-mile valuation rule to $50,000. Five Common Scenarios That Can Lead to a Material Weakness (CPA Practice Advisor) - A material weakness is often the result of deficiencies in one or more of a company's internal controls. Material weaknesses can have damaging effects... Hands On With the Next Microsoft Edge, Microsoft's Revamped Chromium-based Browser (PC World) - It's looking a lot like Chrome and that's a good thing. What Clients Should Know about Buyouts (Accounting Web) - I received a query from a family-owned company and one of its shareholders. Iâll call them Lady Godiva Accessories (LGA) and Lola. LGA wants advice on the tax-right way to handle its planned redemption of all of Lolaâs shares. Taxation Proposed Regs. Govern Maximum Automobile Values What Clients Should Know about Buyouts Accounting/Audit RSM USâs $950,000 Fine Is a Reminder That Performing Non-Audit Services for Audit Clients Can Get You Into Trouble Five Common Scenarios That Can Lead to a Material Weakness Business News Business Spending Slumps as Trade Tensions Rise Costco just opened its first store in China and the response is insane | TOP 5 MOST READ Hobby Loss Roundup And A New Law Of Tax Planning Announced What Happens When You Are A Full Year Resident Of More Than One State How to Determine if a Client is Away from Home Lesson From The Tax Court: The Proper Role Of Market Value In Casualty Loss Deductions The QBI Deduction for Rental Real Estate Activity TOOLS OF THE TRADE Financial Calculators Business Forms & Letters e-BREAKS How Spider-Man Far From Home Should Have Ended | This is not unsolicited mail. As a part of our commitment to help accountants advance their practices we offer the widest range of the most useful tools and resources FREE to accountants. As a term of membership, you agreed to receive such communication. However, if you wish to unsubscribe to this service, please click on the unsubscribe link. Privacy | Click Here To Unsubscribe |Feedback © Copyright 1999-2011 AccountantsWorld LLC. 140 Fell Court, Hauppauge NY - 11788, USA. All rights reserved. |