Firm leaders weigh in on storming of Capitol
Several accounting firm leaders shared their thoughts about the riot in the U.S. Capitol Building in Washington, D.C.
Deloitte deal makes Tax Analysts’ law library public
The library includes the Internal Revenue Code; rules for accountants and others practicing before the IRS; proposed, final and temporary regs; IRS guidance and private rulings; and much more.
Trump suspends tariff response to French digital tax
The U.S. will suspend a plan to hit $1.3 billion of French goods with tariffs in retaliation for the European country’s tax on the revenue of global tech companies.
AICPA promotes Sue Coffey to CEO of public accounting
Coffey will partner with Barry Melancon on setting strategy at the association.
FASB clarifies reference rate reform rules
The Financial Accounting Standards Board has released an update on its recent guidance on reference rate reforms to clarify its scope.
Are your firm’s partners too possessive of their clients?
When I hear a partner at a midsized CPA firm say, “my client” or “my book of business,” the hair on the back of my neck stands up.
BPM releases performance management tool
BPM Link is designed to help connect employees to company strategy.
Hedge fund founder charged in $1.6B Danish Cum-Ex tax probe
Sanjay Shah, who founded a London hedge fund that specialized in controversial Cum-Ex trades, was charged by Danish prosecutors in a 9.6 billion-krone ($1.6 billion) tax-fraud probe, according to a person familiar with the case.
IRS blesses tax breaks on forgiven PPP loans after law change
The Internal Revenue Service will allow businesses that got their Paycheck Protection Program loans forgiven to write off expenses paid for with that money, shifting policy after Congress passed new legislation last month.
IRS blesses tax breaks on forgiven PPP loans after law change
Labor Department finalizes rule on employee vs. independent contractor status
The U.S. Department of Labor issued a final rule to clarify the standard for determining whether a worker should be considered an employee or an independent contractor.
Labor Department finalizes rule on employee vs. independent contractor status