Lawsuit seeks PPP agent fees for accountants

The class action claims banks aren’t paying practitioners their fair share.

Lawsuit seeks PPP agent fees for accountants


IAASB offers guidance on auditor reporting during coronavirus

The International Auditing and Assurance Standards Board released guidance for auditors to consider when issuing audit reports amid the COVID-19 pandemic.

IAASB offers guidance on auditor reporting during coronavirus


Time for a change? The what and how of business entity conversion

Your clients’ businesses evolve over time — and the business environment in which they operate changes as well, especially at a time like this.

Time for a change? The what and how of business entity conversion


O.J., accounting fraud, Icahn: The story of Hertz going bust

The short version of Hertz Global Holdings Inc.’s bankruptcy story goes something like this: Global pandemic obliterates the travel business and lands an iconic 102-year-old company in court to seek protection from creditors.

O.J., accounting fraud, Icahn: The story of Hertz going bust


ICPAS announces 2020 academic scholarship recipients

The Illinois Society of CPAs awarded $84,000 to 43 collegiate accounting students as part of its Accounting Scholarship Program.

ICPAS announces 2020 academic scholarship recipients


How to arbitrage U.S. taxes for difficult economic times

Pandemic-induced market volatility and warnings from Wall Street that tax rates are bound to rise have more Americans preparing to move money from traditional individual retirement accounts into Roth IRAs.

How to arbitrage U.S. taxes for difficult economic times


Art of Accounting: Planning your strategic planning meeting

This year all playbooks have to be discarded and a fresh start needs to be developed.

Art of Accounting: Planning your strategic planning meeting


IRS Tax Forums to go virtual this year

The live-streamed webinars will start in July.

IRS Tax Forums to go virtual this year


Coronavirus changes priorities for corporate tax pros

The COVID-19 pandemic is forcing corporate tax departments to reconsider their top priorities for this year, according to a new survey.

Coronavirus changes priorities for corporate tax pros


SEC requires more disclosure of acquisitions and dispositions of businesses

The Securities and Exchange Commission voted to add amendments to its rules and forms to improve financial information about acquired or disposed businesses for investors, and decrease the complexity and costs of preparing such disclosures.

SEC requires more disclosure of acquisitions and dispositions of businesses