DAILY BRIEFING

View in browser

January 7, 2022

Prepared for Voornaam

Your 2022 to-do list

By Daniel Hood      

These 12 tasks can help you focus on some of the most crucial aspects of building your accounting firm over the coming year. View story →

Tax pros should prepare for ‘grueling’ year: NATP

By Jeff Stimpson       1 min read

Complex taxes, IRS backlog, and more taxpayers seeking professional help will lead to a tough season. View story →

RELATED

Sales and use tax changes proliferate amid pandemic →

Global sales tax changes over the past year have been accelerating due to COVID-19, supply chain pressures, e-commerce and nexus issues, plus other factors.

M&A roundup: UHY, Wheeler and CCGCPAS expand

By Michael Cohn      

UHY adds LWBJ and TGM Group; Wheeler Accountants merges in Just, Gurr & Associates; and Capital Care Group Certified Public Accountants combines with Wallace & Associates. View story →

IMA offers remote testing for exams

By Michael Cohn       2 min read

The institute is allowing candidates for its Certified Management Accountant and Certified in Strategy and Competitive Analysis exams to take them remotely. View story →

Don’t give away your shot

By Kyle Walters       4 min read

Here’s how to stay scrappy and hungry. View story →

SPONSOR CONTENT

Earn Up to Two Free CPE Credits in Webinar Series

On Tuesday January 11th at 1pm ET, join us for “It Takes Two to Fintech: The Growing Need for CFO and CIO Collaboration in Digital Transformation,” where you can earn up to two free CPE & CTP credits. Save your seat! →

Financial planning lessons from 2021

By John P. Napolitano       7 min read

The past year raises a number of questions for the next 12 months. View story →

Follow Accounting Today in real time. More ways to get the most trusted industry news and analysis.

Twitter

Facebook

LinkedIn

5 ways finance teams can elevate their businesses in 2022

By Naveen Singh       3 min read

It's a valuable time for businesses to reflect on the challenges of the last couple years and prepare for how the pandemic will continue to impact their businesses in the year ahead. View story →

GASB adds going concern project to agenda

By Michael Cohn       2 min read

The Governmental Accounting Standards Board is adding a major project on going concern uncertainties and severe financial stress to its technical plan for the first third of this year. View story →

Florida CPAs advocate for profession with lawmakers

By Michael Cohn       2 min read

FICPA held its second annual Virtual Advocacy Day on Thursday, with members meeting online with lawmakers. View story →

Tax Fraud Blotter: Jail time 4You

By Jeff Stimpson       6 min read

Seven digits short; Miami vice; nice going, Ace; and other highlights of recent tax cases. View story →

Private equity firm acquiring RSM US wealth practice

By Michael Cohn       2 min read

Parthenon Capital, a private equity firm based in Boston, has struck an agreement with the Chicago-based Top Five Firm's wealth management practice. Read story →

Sales and use tax changes proliferate amid pandemic

By Michael Cohn       6 min read

Global sales tax changes over the past year have been accelerating due to COVID-19, supply chain pressures, e-commerce and nexus issues, plus other factors. Read story →

IAASB looks for feedback on auditing standard for less complex entities

By Michael Cohn       2 min read

The board is surveying stakeholders about easing the audit requirements for less complex companies, while beefing them up for more complicated structures. Read story →

IRS extends deadline to ‘perfect’ R&D tax credit claims

By Michael Cohn       3 min read

The Internal Revenue Service expanded the transition period from 30 to 45 days to provide evidence to back up tax refund claims involving the research and development credit, while issuing new guidance. Read story →

Private sector added 807K jobs in December

By Michael Cohn       2 min read

Private sector employers added 807,000 jobs in December, according to payroll giant ADP, as the job market continued to recover despite the ongoing COVID-19 pandemic. Read story →

RESOURCES

WEB SEMINAR

Tax season kickoff

Thursday, January 13, 2022 2:00 PM EST

A roundup of the top issues facing tax pros in the race to April 15, from the latest in tax laws and regs, to staffing issues, new technologies, and more. Learn More →

SPONSORED BY SURALINK

EBOOK

Four best practices for the new employee onboarding process

Firms need new employees to get up and running quickly. Here’s how to build an excellent process for employee onboarding. Download Now →

SPONSOR CONTENT FROM Right Networks

WEB SEMINAR

Best practices for IT security

Thursday, March 10, 2022 2:00 PM EST

The pandemic saw security breaches and hacking skyrocket, turning an already-serious issue into an actual emergency. This webinar will explore the best ways for firms to keep themselves and their clients’ data safe in a world that’s more dangerous than ever. Learn More →

SPONSORED BY Right Networks

More resources →