Embark expands despite pandemic

The Dallas-based advisory and consulting firm has expanded to Phoenix and Salt Lake City this year.

Embark expands despite pandemic


IRS rolling back penalties on some employers who didn’t deposit enough taxes

The Internal Revenue Service plans to correct penalties mistakenly levied on employers who reduced their tax deposits because they expected to claim some of the new tax credits to which they’re entitled.

IRS rolling back penalties on some employers who didn’t deposit enough taxes


IRS revamps procedures for litigating taxpayer disputes, curbing appeals

The Internal Revenue Service limited taxpayers’ ability to resolve their tax cases directly with the IRS’s Independent Office of Appeals in a memorandum Monday.

IRS revamps procedures for litigating taxpayer disputes, curbing appeals


The rise of cybercrime in the accounting profession continues

The pandemic amplifies cybersecurity concerns for CPAs.

The rise of cybercrime in the accounting profession continues


IRS 2020 draft 1040 puts crypto question front and center

Taxation and regulation are steps toward further legitimizing cryptocurrency.

IRS 2020 draft 1040 puts crypto question front and center


Art of Accounting: Retreats for one- or two-owner practices

I am a strong proponent of partner retreats and offsite meetings.

Art of Accounting: Retreats for one- or two-owner practices


Auditing beyond the financials

The profession’s skillset can be applied to much more than just financial statements, according to Julie Bell Lindsay of the Center for Audit Quality.

Auditing beyond the financials


Tech News: Wolters Kluwer adds CCH tool for PCR firms

Intapp offers total integration solution for firm tech, and Sesh Corp receives $1.6M to develop emotional intelligence reader for video.

Tech News: Wolters Kluwer adds CCH tool for PCR firms


Trump fight over delay of subpoena for taxes set for Sept. 1

A federal appeals court set a hearing for Sept. 1 to consider President Donald Trump’s emergency request to put on hold a judge’s ruling that cleared the way for the Manhattan District Attorney to enforce a subpoena for his tax returns and other financial records.

Trump fight over delay of subpoena for taxes set for Sept. 1


Credit Suisse faces Belgian probe over hidden accounts

Credit Suisse Group AG faces a criminal probe amid suspicions it helped more than 2,600 clients to hide money in Swiss accounts, Belgian prosecutors said.

Credit Suisse faces Belgian probe over hidden accounts