GoFundMe donations may have tax consequences

Contributions made through the crowdfunding platform can often fall into a gray area.

GoFundMe donations may have tax consequences


IRS removes one of four options to correct foreign reporting

Consider acting swiftly to correct international tax form mistakes.

IRS removes one of four options to correct foreign reporting


IRS improving e-filing and technology for tax-exempt orgs

The Internal Revenue Service is rolling out new systems and expanding the number of forms that can be electronically filed by tax-exempt organizations, while also dealing with some technology glitches resulting from the COVID-19 pandemic.

IRS improving e-filing and technology for tax-exempt orgs


M&A roundup: Hancock Askew, Baratz and DMJ expand

Hancock Askew adds S. Mark Hand; Baratz & Associates merges in Robin, Kramer & Green; and DMJ acquires Roberson CPA Firm.

M&A roundup: Hancock Askew, Baratz and DMJ expand


KPMG announces plans to be net-zero carbon neutral by 2030

The Big Four firm is also aiming to have 100 percent renewable electricity by 2022 in its board countries and by 2030 for its wider network.

KPMG announces plans to be net-zero carbon neutral by 2030


Art of Accounting: The Radical CPA goes ‘bots’

What exactly are bots and Botkeeper, and why is this of any interest to accountants?

Art of Accounting: The Radical CPA goes ‘bots’


Surge in interest temporarily overwhelms .cpa platform

Within 24 hours, the American Institute of CPAs said it had resolved the issue.

Surge in interest temporarily overwhelms .cpa platform


Avalara buys Businesses Licenses LLC for $97M

Business Licenses provides software and services for the research, acquisition, and management of business licenses, registrations, and permits for businesses of all sizes.

Avalara buys Businesses Licenses LLC for M


Obamacare stakes rise at high court as election dooms easy fix

Democrats’ failure to secure a Senate majority in last week’s election has heightened the importance of Tuesday’s Supreme Court showdown over the Affordable Care Act, increasing the chances the court will get the final word on a law that provides health insurance to 20 million people.

Obamacare stakes rise at high court as election dooms easy fix


Sotheby’s sued by New York for helping client avoid taxes

The auction house was accused of helping a wealthy shipping company owner avoid paying income taxes on artwork he purchased.

Sotheby’s sued by New York for helping client avoid taxes