AICPA proposes to revise attestation standards

The Auditing Standards Board is thinking about relaxing some of the requirements for attest engagements.


NAEA sees lots of problems with new Form W-4

The National Association of Enrolled Agents has written a letter to the Internal Revenue Service strongly criticizing the draft version of the new Form W-4, the Employee’s Withholding Allowance Certificate, saying it raises privacy concerns and creates a “substantial risk of underwithholding.”


Sainsbury taps Deloitte veteran as chairman before Asda deal

U.K. grocer J Sainsbury Plc named Martin Scicluna as its chairman, tapping a former senior executive at accounting firm Deloitte as it prepares to add Walmart Inc.’s Asda unit in a 7.3 billion-pound ($9.7 billion) deal.


The far-reaching impact of South Dakota v. Wayfair

The U.S. Supreme Court recently issued an opinion in South Dakota v. Wayfair, Inc., overturning its earlier precedents in National Bellas Hess and Quill, and eradicating the decades-old “physical presence” requirement for sales and use tax nexus.


BDO adds SWC Technology Partners, expands advisory services

SWC provides technology solutions to midsized businesses in the Midwest United States.


Thomson Reuters offers online resource center on Wayfair decision

The site includes special reports, insights and a client letter related to the Supreme Court’s landmark ruling.


IRS makes summertime push for tax pro cybersecurity

The Internal Revenue Service is encouraging practitioners to secure their client data.


Accountants Confidence Index — July 2018

After a slight rise after the end of tax season, the Accountants Confidence Index dropped slightly again.


In the blogs: Vaguely defined activities

Return of postcard glory; no sunset for reform measures; behavioral science; and other highlights from our favorite tax bloggers.


The unlikely heroes of accounting’s shrinking talent pool: boomers

Accounting, like many professions, is experiencing a shrinking talent pool as boomers retire and younger generations are opting for other careers.