IRS expands in-person tax compliance visits

The Internal Revenue Service is expanding its efforts to ensure businesses and individuals are paying their taxes, particularly payroll taxes, with in-person visits planned by revenue officers to more parts of the country, starting recently in Wisconsin and later this month Texas and Arkansas.


FASB makes deferral official for leases, CECL, hedging and insurance standards

The Financial Accounting Standards Board officially delayed the effective dates of its accounting standards for leases, credit losses, hedging and long-duration insurance contracts by issuing a pair of accounting standards updates.


Firms on the move: Marks Paneth raises $20K for Leukemia & Lymphoma Society in honor of late partner

AFWA celebrates Member of the Year and President’s Award winner at Women Who Count luncheon; KSCPA announces new board and executive committee members; and more CPA news.


People on the move: Weaver hires risk advisory partner

Friedman appoints leader of estate and trust group; KPMG Foundation president announces retirement; and more personnel news.


Board gender diversity slowly rising in U.S., KPMG report finds

Women comprised 24 percent of S&P 500 company directors in 2018, but the U.S. still trails a number of Western countries in female representation.


Xerocon London: New tools for small businesses

Xero reports it has invested heavily in the past year to expand its small business products beyond its core accounting services to help small businesses manage staff, operate, and scale.


220 changes on deck for CenterPoint Accounting and Payroll V. 14.10

New features include a dashboard, which today has become indispensable for accounting software products.


Baker Tilly releases revenue cycle analytics software for health care industry

The software, dubbed Advanced Revenue Cycle, uses artificial intelligence tools for analytics.


Firms giving back: Blumshapiro pledges Thanksgiving meals in New Haven

Marks Paneth raises $20,000 for Light the Night 2019; MSPC CPAs and Advisors gifts $10K to Children’s Specialized Hospital Foundation; and other charitable initiatives from firms across the country.


Tax Fraud Blotter: Steal thyself

Losing bets; out on a limb; Perfect no more; and other highlights of recent tax cases.