Better Every Day: It’s time for firms to pivot

The best time to make changes? When everything you’ve ever known has been turned upside down.

Better Every Day: It’s time for firms to pivot


July 16 hearing set in N.Y. Trump tax case after Supreme Court ruling

Donald Trump will get a chance next week to try new arguments against Manhattan District Attorney Cyrus Vance’s subpoena of his tax returns and other financial records after the U.S. Supreme Court rejected the president’s claim of immunity in the matter.

July 16 hearing set in N.Y. Trump tax case after Supreme Court ruling


IRS needs better control over employee pseudonyms

The controls over the pseudonym program used by Internal Revenue Service employees to protect their identities could be improved, according to a recent report.

IRS needs better control over employee pseudonyms


AICPA updates standard for audits of accounting estimates

The American Institute of CPAs’ Auditing Standards Board released an updated standard for auditing accounting estimates and disclosures to deal with the increased volatility of the economy this year in the midst of the novel coronavirus pandemic.

AICPA updates standard for audits of accounting estimates


DHG to hold webinar on racial injustice

The Top 20 Firm is inviting clients and the local community to a July 14 webinar centered on “addressing positive change and equality for all people.”

DHG to hold webinar on racial injustice


Congress passes bill to help nonprofits with cash flow amid coronavirus

The Senate and House passed bipartisan legislation to help nonprofits remain financially viable during the COVID-19 pandemic.

Congress passes bill to help nonprofits with cash flow amid coronavirus


People & firms on the move: Baker Tilly appoints consulting MP

IRS criminal investigation chief announces retirement; Connecticut Society of CPAs and FEI install new boards of directors; and more CPA news.

People & firms on the move: Baker Tilly appoints consulting MP


7 ways to grow your accounting practice, even in a down economy

As an accounting professional, these are tough days. But that doesn’t mean your practice can’t grow during this season.

7 ways to grow your accounting practice, even in a down economy


U.S. tariff threat isn’t swaying France on taxing tech giants

France held firm on its plans to resume collection of a national digital tax that hits technology giants including Amazon.com Inc., Alphabet Inc.’s Google and Facebook Inc., saying it wouldn’t be swayed by threats of U.S. sanctions.

U.S. tariff threat isn’t swaying France on taxing tech giants


Trump scorns court on tax rulings while records stay private

Donald Trump scored a tactical victory from the Supreme Court that will likely keep his personal financial records out of public view through the November election, but he framed Thursday’s two rulings as a loss imposed by his enemies.

Trump scorns court on tax rulings while records stay private