Mnuchin, Kudlow say congressional vote needed for capital gains cut

The White House isn’t considering an executive order to carry out President Donald Trump’s call for a cut in the capital gains tax because Congress probably would have to change the rate, administration officials said.

Mnuchin, Kudlow say congressional vote needed for capital gains cut


Internal auditors losing ground on digital transformation

Internal audit departments are slowing down the adoption of next-generation technologies, such as artificial intelligence and machine learning, according to a new survey.

Internal auditors losing ground on digital transformation


AICPA offers FAQs for helping health care clients during coronavirus

Among the pandemic-related issues covered are how to handle the Paycheck Protection Program and other stimulus efforts.

AICPA offers FAQs for helping health care clients during coronavirus


How big data can help businesses achieve compliance in 2021

Big data can help companies make better financial decisions, improve their operational processes, increase employee compliance and much more.

How big data can help businesses achieve compliance in 2021


Employers face payroll tax dilemma after Trump delays due date

President Donald Trump’s order to delay collection of payroll taxes thrusts a dilemma on U.S. companies: continue withholding the money from workers expecting bigger paychecks or pass it on and potentially put themselves or their employees at risk of a big end-of-year bill from the IRS.

Employers face payroll tax dilemma after Trump delays due date


Trump pledges big tax cuts that may do nothing for the economy

President Donald Trump is tapping his presidential authority to make tax changes that Congress is refusing to do, but his limited power means he could end up over-promising and under-delivering on his pledge to slash IRS bills.

Trump pledges big tax cuts that may do nothing for the economy


Testing remote security, and other tech stories you may have missed

Making sure you’re secure working from home, spying on employees, and eight other recent developments in technology and how they’ll impact your clients and your firm.

Testing remote security, and other tech stories you may have missed


In the blogs: Still going viral

Reopening the IRS; wording a referendum; the season that won’t end; and other highlights from our favorite tax bloggers.

In the blogs: Still going viral


4 steps to becoming a virtual firm

If you’ve ever considered transitioning to a virtual model, now is a golden opportunity — but it should be done right.

4 steps to becoming a virtual firm


Grant Thornton faces appeal on fraud and negligence lawsuit

The firm is awaiting a ruling in a case involving a manufacturing company owner who sued the firm for fraud, negligence and other claims after the firm failed to advise him of a tax strategy.

Grant Thornton faces appeal on fraud and negligence lawsuit