Colorado model ordinance aims to simplify online sales tax

The hope is that local jurisdictions will sign on so businesses don’t have to reach out to each individually.

Colorado model ordinance aims to simplify online sales tax


Share your accounting expertise by becoming an adjunct accounting professor

Teaching is viewed as a chance to improve the profession as well as an opportunity to pass on valuable experiences to those who are just getting started.

Share your accounting expertise by becoming an adjunct accounting professor


Wirecard woes mount for Ernst & Young as clients cut auditor

KfW, Germany’s third-largest bank by assets, may drop Ernst & Young as auditor as EY continues to be plagued by its role in the country’s Wirecard accounting scandal.

Wirecard woes mount for Ernst & Young as clients cut auditor


Trump tax claims in media could justify subpoena, D.A. says

The Manhattan district attorney said press reports suggesting potential misdeeds by President Donald Trump and his company could justify a grand jury subpoena of the president’s taxes and other financial records.

Trump tax claims in media could justify subpoena, D.A. says


German regulator looks to open probe into Grenke’s accounting

Germany’s financial regulator is considering opening a probe into Grenke AG’s accounting practices, wading deeper into the controversy after criticism of its failure to unearth fraud at Wirecard AG.

German regulator looks to open probe into Grenke’s accounting


Loan fraud, data shortfalls hinder U.S. virus aid, GAO finds

But the federal government has been able to correct some of its earlier missteps, like sending millions of stimulus checks to the deceased, according to the Government Accountability Office.

Loan fraud, data shortfalls hinder U.S. virus aid, GAO finds


IRS finalizes regulations for estates and non-grantor trusts

The regs clarify that certain deductions aren’t to be considered miscellaneous itemized deductions.

IRS finalizes regulations for estates and non-grantor trusts


IRS finalizes 100% bonus depreciation rules

The Internal Revenue Service and the Treasury Department issued the last set of final regulations to implement the 100 percent additional first-year depreciation deduction from the Tax Cuts and Jobs Act.

IRS finalizes 100% bonus depreciation rules


Companies making more disclosures about audit committees this year

COVID-19 doesn’t seem to be having an impact on such disclosures, according to a report from Ernst & Young.

Companies making more disclosures about audit committees this year


New Jersey, California dodge worst of tax crisis in ‘weird recession’

State tax revenues in some parts of the U.S. are rebounding as the economy emerges from the coronavirus lockdown, a positive sign for governors and mayors who had been bracing for the biggest fiscal crisis in decades.

New Jersey, California dodge worst of tax crisis in ‘weird recession’