Companies investing in crypto may be in for a rude accounting surprise

Corporations are starting to buy digital assets like Bitcoin to bolster their treasuries, but the volatility in prices could put a dent in their balance sheet.

Companies investing in crypto may be in for a rude accounting surprise


IRS warns: Stop taking this deduction — it’s been repealed

A ‘wave’ of claims for the Domestic Production Activities Deduction sparks an alert.

IRS warns: Stop taking this deduction — it’s been repealed


Tax Fraud Blotter: Walk-in fall

RAP sheet; shipping out; Pelicon; and other highlights of recent tax cases.

Tax Fraud Blotter: Walk-in fall


RSM US announces DE&I-focused collaborative for middle market

The Top Five Firm welcomed 14 inaugural organizations from a wide range of industries to “actively enhance diversity, equity and inclusion within their organizations.”

RSM US announces DE&I-focused collaborative for middle market


Audit fees spike as complexity rises

Auditing costs have been increasing in recent years, thanks to new accounting standards and corporate acquisitions, according to a study released Thursday.

Audit fees spike as complexity rises


5 regulatory issues to watch in 2021

To best serve your clients, and your own firm, these are the top items to closely monitor in the year ahead.

5 regulatory issues to watch in 2021


A Trump tax break kicked off a race to redraw U.S. Census maps

Maneuvers played out across the country as census tract boundaries were changed to accommodate wealthy investors whose projects fell outside the lines of roughly 8,700 opportunity zones. About 140 tracts grew in size.

A Trump tax break kicked off a race to redraw U.S. Census maps


Generational Viewpoints: Cultivating culture at a distance

Professionals from Top 100 Firm PKF O’Connor Davis share the strategies they’re using to maintain firm culture in a remote environment.

Generational Viewpoints: Cultivating culture at a distance


Tax Strategy: Issues for the 2021 tax filing season

A host of developments promise to complicate this year’s run-up to April 15.

Tax Strategy: Issues for the 2021 tax filing season


Tax Court: You have to be 'away from home' to take lodging deduction

The Tax Court added its voice to the dilemma facing many taxpayers working remotely due to the pandemic.

Tax Court: You have to be 'away from home' to take lodging deduction