Non-filers, fraud are priorities for IRS SB/SE

In its first-ever annual report, the division shared its major focuses and top initiatives from FY 2019.

Non-filers, fraud are priorities for IRS SB/SE


PwC expands corporate managed tax services in response to coronavirus

PricewaterhouseCoopers has been building its managed tax services business since 2017, but now it sees an opportunity to help companies who are dealing with COVID-19.

PwC expands corporate managed tax services in response to coronavirus


Tech news: Center debuts new corporate card and QBO Connector, and more

Rollio raises $2.7M for CRM data entry app, Avii updates Audit Procedures in Workspace platform.

Tech news: Center debuts new corporate card and QBO Connector, and more


Georgia man indicted for bomb threat to IRS office

A man from St. Simons Island, Georgia, has been indicted for threatening to use a pipe bomb on an Internal Revenue Service building in New York.

Georgia man indicted for bomb threat to IRS office


Art of Accounting: Overdeliver

We need to excite clients, potential clients and staff. For this, we need marketing skills.

Art of Accounting: Overdeliver


Xero plans for Toronto tech hub and more

Despite global setbacks caused by the COVID-19 pandemic, Xero will be hiring in Toronto, aiming to double the size of its team there in two years.

Xero plans for Toronto tech hub and more


External lessons from the pandemic

Tamera Loerzel and Jennifer Wilson of ConvergenceCoaching return to look at external issues that the coronavirus pandemic has raised for accounting firms in terms of dealing with clients, revamping services offerings and more.

External lessons from the pandemic


Trump’s payroll tax deferral raises red flags on Social Security

The moves were criticized by Democrats and some Republicans as, variously, providing little real help, an unconstitutional power grab from Congress, and a backhanded way to defund Social Security and Medicare.

Trump’s payroll tax deferral raises red flags on Social Security


IRS gives businesses a break for donations related to SALT cap

Businesses donating to charitable funds in exchange for a state tax credit can deduct those costs from their federal taxes, according to regulations released on Friday.

IRS gives businesses a break for donations related to SALT cap


Trump’s payroll tax action creates political, business risks

President Donald Trump’s move to halt the collection of taxes that fund America’s main support programs for the elderly spurred a wave of political opposition and threatens to generate tension between employers and workers.

Trump’s payroll tax action creates political, business risks