PwC rolls out tax and accounting AI apps

PricewaterhouseCoopers is turning some of the digital tools it developed internally to train its staff into artificial intelligence products its clients can use in their finance departments.

PwC rolls out tax and accounting AI apps


Treasury sees jump in stimulus payment fraud

The Financial Crimes Enforcement Network issued a warning about the widening range of scams involving Economic Impact Payments aimed at recipients of COVID-19 relief.

Treasury sees jump in stimulus payment fraud


IRS faces obstacles uncovering noncompliance of tax-exempt groups

The Internal Revenue Service is confronting some barriers in detecting improper conduct by tax-exempt organizations that abuse the federal tax laws.

IRS faces obstacles uncovering noncompliance of tax-exempt groups


The unbalanced balance sheet: Make intangibles count

The lens through which we view a company affects how we measure success. A more complete picture contributes to a more unified understanding of value.

The unbalanced balance sheet: Make intangibles count


Boomer’s Blueprint: Virtual — exposure and opportunity

Gary Boomer shares five lessons for the future for accountants.

Boomer’s Blueprint: Virtual — exposure and opportunity


4 things to know about the federal solar power tax credit

More and more accountants are recommending their homeowner clients consider solar panels. Here’s why.

4 things to know about the federal solar power tax credit


In the blogs: Fun times ahead

Delaying filing; inbox anxiety; a new voice; and other highlights from our favorite tax bloggers.

In the blogs: Fun times ahead


Congress asks IRS to help ID theft victims with stolen unemployment benefits

Leaders of the House Ways and Means Committee want the Internal Revenue Service to assist taxpayers who are getting information returns in the mail for unemployment benefits they never received.

Congress asks IRS to help ID theft victims with stolen unemployment benefits


SEC suspends ex-KPMG auditors over audits of defunct college

The Securities and Exchange Commission suspended two former KPMG auditors accused of improper professional conduct during an audit of the now defunct College of New Rochelle.

SEC suspends ex-KPMG auditors over audits of defunct college


Global tax leaders see extra risks from pandemic

Governments around the world are confronting budget deficits due to the COVID-19 pandemic and corporate tax leaders are worried about higher tax assessments, double taxation, penalties, interest and surcharges.

Global tax leaders see extra risks from pandemic