Jeffrey Previdi appointed as GASB vice chairman

The Financial Accounting Foundation’s board of trustees has named Jeffrey Previdi, a current member of the Governmental Accounting Standards Board, as vice chairman of GASB.


Deloitte Consulting to collaborate with SAP on digital offerings

The firm plans to develop cutting edge financial technology solutions on SAP’s Leonardo platform.


GOP lawmakers question IRS summons to Coinbase users

Three Republican lawmakers who chair key congressional committees and subcommittees related to tax policy have sent a letter to Internal Revenue Service Commissioner John Koskinen asking about the IRS’s recent efforts to gain more information about users of Coinbase, the largest Bitcoin exchange in the U.S.


Host Analytics releases new version of CPM software

The cloud performance management solutions provider has also formed partnerships with Workiva and Prevedere.


FASB updates standard for determining service concession customers

The Financial Accounting Standards Board has issued an accounting standards update for determining the customer of service concession arrangements.


Brady sets border tax hearing as McConnell predicts failure

House Ways and Means Chairman Kevin Brady is forging ahead and planning to hold a hearing next week on the proposed border-adjusted tax, even as the top Senate Republican said the measure probably won’t pass his chamber.


In the blogs: Big ideas for reform

Summer plans; evaluating clients; succession planning; e-wills; other highlights from our favorite tax bloggers.


Tax professionals expected to use AI more in the future

H&R Block’s use of IBM’s Watson technology this past tax season is only one sign of the increasing involvement of artificial intelligence in tax preparation, with even Big Four firms like PricewaterhouseCoopers making major investments in AI for servicing their tax clients.


Vertex tax software now integrates with SAP S/4HANA Cloud

The partnership gives users of the business suite access to Vertex’s indirect tax solutions.


BlumShapiro staff to volunteer at Conn. elementary school

The Top 100 firm will take part in Junior Achievement’s ‘JA in a Day’ program for an eight straight year.