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| | By Michael Cohn 3 min read | The commission warned on Friday that filers are using the wrong XBRL tags for reporting their finance lease liability and future payments. View story → | |
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| | By Jeff Stimpson 5 min read | An airy idea of loans; did they have a deal for you; bar flies; and other highlights of recent tax cases. View story → | |
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| | By Laura Davison 2 min read | Democratic senators want more money for the agency to help taxpayers. View story → | |
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| | By David Voreacos 2 min read | Opponents of the plan filed a lawsuit claiming a state summary of a November ballot question misleads voters. View story → | |
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| | By Jonathan Browning and Ellen Milligan 3 min read | The company alleged that Lynch and his CFO illegally bolstered revenue, including by disguising hardware sales and booking fake transactions. Read story → |
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| | By Rebecca Choong Wilkins 3 min read | Signs of contagion are rippling through China’s property industry, with a spate of auditor resignations deepening concerns about developers’ financial health. Read story → |
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| | By Erik Wasson and Billy House 3 min read | A top House Democrat suggested Thursday that his party scale back eligibility for child tax credits as a way to unlock President Joe Biden’s stalled economic agenda. Read story → |
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| | By Michael Cohn 6 min read | After coming under pressure from an array of tax and accounting professional associations and hundreds of members of Congress, the Internal Revenue Service said Thursday it would suspend issuance of some of its automated penalty notices to taxpayers, but tax and accounting groups say the agency isn’t providing enough relief. Read story → |
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| | By Michael Cohn 2 min read | The American Institute of CPAs has updated its practice aid for accounting and auditing of digital assets, with added material on cryptocurrency. Read story → |
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| RESOURCES | | WEB SEMINAR | | Thursday, February 24, 2022 2:00 PM EST | A panel of experts from firms with thriving client accounting services practices share their insights on the technology, training, marketing, clients and more that you need to make the most of this popular service offering. Learn More → | SPONSORED BY BOTKEEPER | | WEB SEMINAR | | | Accountants who offer payroll services reveal opportunities for enhancement as they share ongoing plans Learn More → | SPONSOR CONTENT FROM SurePayroll | | WEB SEMINAR | | Tuesday, March 1, 2022 2:00 PM EST | Despite the ongoing pandemic, time marches on, with accountants looking ahead at everything from client services and prospecting to technology and staff investments. Please join us to learn more about how your firm should be positioning payroll services and other offerings to drive business opportunities. Learn More → | SPONSOR CONTENT FROM SurePayroll | More resources → |
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