IRS needs to improve service for taxpayers with limited proficiency in English

The Internal Revenue Service did a good job last tax season dealing with the many changes in the tax law, despite the 35-day government shutdown, but it still needs to improve its dealings with taxpayers who have limited proficiency with the English language, according to a new report.

IRS needs to improve service for taxpayers with limited proficiency in English


Art of Accounting: Withum SOTF 2020

Withum’s annual State of the Firm (SOTF) event, attended by over 1,000 Withum team members, was held at the New Jersey Performing Arts Center last Monday.

Art of Accounting: Withum SOTF 2020


Crunching the numbers on growth

Setting a growth goal is about much more than picking a percentage — firms need to dive deeper to understand what it will really take to hit that goal, says Bob Lewis of The Visionary Group — and they need to make sure they have people who can bring in the new business they need.

Crunching the numbers on growth


IRS considers relief for corporations from double taxation for repatriation

The Internal Revenue Service said it may provide relief from double taxation in some circumstances to corporations because of the repatriation tax under the Tax Cuts and Jobs Act.

IRS considers relief for corporations from double taxation for repatriation


IRS to restore some sequestered funds

Less than a thousand businesses were affected by an OMB determination involving the refundable corporate minimum tax credit.

IRS to restore some sequestered funds


Firms on the move: Boyer & Ritter constructs can sculptures to benefit local food bank

Baker Newman Noyes and Aronson cut ribbons on new offices; Sweeney Conrad celebrates 40 years; and more CPA news.

Firms on the move: Boyer & Ritter constructs can sculptures to benefit local food bank


Transforming accounting partners into marketing advocates

Marketing directors and partners at accounting firms share the same goal: advancing the firm’s brand and helping it achieve specific growth and profitability targets.

Transforming accounting partners into marketing advocates


People on the move: DHG appoints senior manager of inclusion and diversity

Aprio promotes a dozen to partner and director; Mathieson, Moyski, Austin & Co. hires first firm administrator; and more personnel news.

People on the move: DHG appoints senior manager of inclusion and diversity


Trump tax cut hands $32B windfall to America’s top banks

Savings for the top six U.S. banks from President Donald Trump’s signature tax overhaul accelerated last year, now topping $32 billion as the lenders curbed new borrowing, pared jobs and ramped up payouts to shareholders.

Trump tax cut hands B windfall to America’s top banks


International accounting groups call for better sustainable development disclosures

A group of international accounting organizations is calling for improved reporting and action on the UN’s Sustainable Development Goals to hit the ambitious goals set for 2030.

International accounting groups call for better sustainable development disclosures