DAILY BRIEFING

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January 20, 2022

Prepared for Voornaam

Practitioner coalition urges IRS to step up for tax season

By Roger Russell       3 min read

The groups want the service to reduce unnecessary burdens on taxpayers and tax preparers. View story →

M&A roundup: CRI and Citrin expand

By Michael Cohn      

Carr, Riggs & Ingram acquired Travani & Richter; and Citrin Cooperman added Massarsky Consulting. View story →

RELATED

Citrin Cooperman merges in OLC Management →

Citrin Cooperman, a Top 25 Firm based in New York, has added OLC Management Inc. a California-based business management firm in the entertainment industry.

Questioning SEO, and other tech stories you may have missed

By Gene Marks      

Google suggests that small organizations may not need to focus as much on search engine optimization, and nine other tech developments from the past month. View story →

Global economic confidence among accountants dipped in Q4

By Michael Cohn       3 min read

North American accountants, however, felt more upbeat than most. View story →

A practical guide to perfecting your tax research techniques

By Peter J. Scalise       10 min read

The following steps will guide you in establishing an all-inclusive tax research effort on behalf of your entire client base while ascertaining the likelihood of success. View story →

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Surgent releases mobile study app

By Sean McCabe       2 min read

Surgent Accounting & Financial Education's new Study Companion app is designed to teach CPA exam candidates in small “microbursts” of time on their smartphones. View story →

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Myanmar protesters call for international audit institutions to sever contact

By Michael Cohn       3 min read

An activist group called Justice for Myanmar that has been protesting the military takeover of the Myanmar government is urging international audit institutions to end all their engagement with the government’s auditor general. View story →

Trump likely used ‘fraudulent’ asset valuations, N.Y. AG says

By Erik Larson       3 min read

New York’s attorney general asked a judge to order Donald Trump and two of his adult children to testify under oath as part of a civil probe. View story →

KPMG director fined $203,800 for misleading audit inspectors

By Katharine Gemmell       1 min read

Stuart Smith, a former audit director, took responsibility for misleading the U.K. audit watchdog, and said he was “reckless” as to whether he was misleading inspectors. View story →

Great Resignation repositions accountants

By Michael Cohn       7 min read

Accountants are seeking out more satisfying places to work where they can realize their career goals or just be able to balance their work and personal lives better.  View story →

In the blogs: No sugarcoating

By Jeff Stimpson       4 min read

Bumps ahead; Airbnb risks; the case for the CTC; and other highlights from our favorite tax bloggers. Read story →

TV and movie stars reenact real accounting struggles

By Michael Cohn       2 min read

Performers from shows like “The Sopranos” and “The West Wing” were hired by software company DataRails to narrate examples of real-life problems with financial planning and analysis. Read story →

M&A roundup: Two tech acquisitions

By Michael Cohn      

Chargebee has acquired Brighback; and GTreasury has bought Hedge Trackers. Read story →

IRS sets sights on NFT investors owing billions in taxes

By Allyson Versprille       3 min read

It’s one of the hottest corners of crypto — and now the U.S. government wants its share of the profits. Read story →

The fourth pillar of credit and incentive projects: Jobs

By Ben Worrell       4 min read

Advice from accountants on economic incentives can help bring more tax revenue and employment to communities. Read story →

RESOURCES

WEB SEMINAR

Lease accounting: What your auditor wants to see

Thursday, January 20, 2022 2:00 PM EST

With audit season nearly here, you may be thinking about how you’ll show that your process for identifying, abstracting, classifying, properly accounting for your leases meets the latest lease accounting standards. Learn More →

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Thursday, March 10, 2022 2:00 PM EST

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REPORT

Lease accounting adoption – market snapshot

In this report, learn where your peers stand on implementation and plans for achieving compliance with ASC 842 & GASB 87. Learn More →

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