The new Form 1099-NEC

Companies and their advisors will want to make sure they’re up on what’s reported on the form, how it’s changing the 1099-MISC, and the state-reporting wrinkles that go along with it, says Janice Krueger of Greatland.

The new Form 1099-NEC


Biden’s Wall Street watchdogs signal new era of tough oversight

President-elect Joe Biden’s team of financial regulators is taking shape, with progressive favorites being chosen for the top jobs at the Securities and Exchange Commission and the Consumer Financial Protection Bureau — moves that mean Wall Street should prepare itself for a new era of tougher oversight and stricter rules.

Biden’s Wall Street watchdogs signal new era of tough oversight


Deutsche Bank, ICAP sued as Warburg seeks to recoup tax bill

Deutsche Bank, TP ICAP and two German lawyers are the targets of M.M. Warburg & Co.’s latest legal attempt to recoup the big tax bill it was ordered to pay over controversial Cum-Ex trades.

Deutsche Bank, ICAP sued as Warburg seeks to recoup tax bill


CPA firms: It’s time to reset your approach to PPP

Here are five ways the latest round of the Paycheck Protection Program is different.

CPA firms: It’s time to reset your approach to PPP


New twists on an old tool: Tax pros revamp organizers

Digital formats and a host of pandemic-related questions are transforming this traditional tool.

New twists on an old tool: Tax pros revamp organizers


Art of Accounting: Withum’s State of the Firm 2021

Not too many firms conduct such meetings, whose purpose is to update all team members on how the firm is doing.

Art of Accounting: Withum’s State of the Firm 2021


AI, applied: Lessons from 2020

Adoption accelerated, and competitive advantage faded, experts say.

AI, applied: Lessons from 2020


AI, applied: What to expect from AI 2.0

Now is the time for firms to be creative, thinking about new industry-specific applications and firm-specific pain points where AI could play a role.

AI, applied: What to expect from AI 2.0


Is denial a river in Egypt or the state of your firm?

Many firm leaders are in denial and fall short of what’s required, and that’s the principal reason why so many firms can’t get to the next level.

Is denial a river in Egypt or the state of your firm?


IIA grades U.S. corporate governance at B- for last year

The Institute of Internal Auditors is giving corporate America only a modestly better grade on governance in 2020 compared to 2019, and any improvement is probably due to the coronavirus pandemic.

IIA grades U.S. corporate governance at B- for last year