For less than $400K you can now get Uruguay tax residency

Uruguay will soon be even more welcoming to wealthy foreigners looking for a new home following a presidential decree that makes it cheaper to obtain tax residency in the South American country.

For less than 0K you can now get Uruguay tax residency


Mega-rich urged to unleash $121B for desperate charities

Nonprofits, lawmakers and others want to see more giving from fund donor-advised funds, which have grown popular recently because they’re so flexible.

Mega-rich urged to unleash 1B for desperate charities


Innovation in audit: It’s not just about technology

Real change will involve people, processes and much more beyond just software and hardware.

Innovation in audit: It’s not just about technology


IRS extends dates on balance due notices amid coronavirus

The Internal Revenue Service is extending the due dates on its balance due notices because it wasn’t able to mail out the preprinted letters to taxpayers due to office closures during the ongoing COVID-19 pandemic.

IRS extends dates on balance due notices amid coronavirus


IRS warns of coronavirus-related tax schemes

The Internal Revenue Service is warning taxpayers and tax professionals once again to beware of tax fraud and other related financial scams related to the COVID-19 pandemic.

IRS warns of coronavirus-related tax schemes


IRS offers tax relief to opportunity zone funds and investors

The Internal Revenue Service is giving investors in opportunity zone funds relief from some of the requirements in the controversial program because of the COVID-19 pandemic.

IRS offers tax relief to opportunity zone funds and investors


M&A roundup: Prager Metis and KLR expand

Prager Metis CPAs expanded in New Jersey by combining with William J. Keephart, CPA PA; and KLR Executive Search Group merged in Next Exec.

M&A roundup: Prager Metis and KLR expand


The going concern question in the COVID-19 crisis

As companies contend with the economic impact of the global pandemic and the related risks, management should be prepared for heightened auditor scrutiny.

The going concern question in the COVID-19 crisis


People & firms on the move: Baker Tilly appoints MP of innovation and solutions

Abdo, Eick & Meyers launches technology and data solutions services group; LBMC adds five shareholders; and more CPA news.

People & firms on the move: Baker Tilly appoints MP of innovation and solutions


Resistance mounts to companies obscuring coronavirus impact in financials

A backlash is growing among regulators and participants against EBITDA — earnings before interest, taxes, depreciation, amortization and coronavirus.

Resistance mounts to companies obscuring coronavirus impact in financials