CalCPA CEO pledges change in wake of George Floyd killing

Anthony Pugliese, president and CEO of the California Society of CPAs, outlined a 90-day plan to boost diversity and equality initiatives across the state.

CalCPA CEO pledges change in wake of George Floyd killing


Lawyer who ran from EY tax shelter case gets 3 years

David Smith fought extradition from Canada for 11 years before being returned to face trial last year.

Lawyer who ran from EY tax shelter case gets 3 years


SCOTUS easing path for direct-to-consumer alcohol shipping

But the ability to ship booze will bring complexities — with state sales tax not the least of them.

SCOTUS easing path for direct-to-consumer alcohol shipping


IRS interest rates to fall in third quarter

Rates for overpayments will drop to 3 percent.

IRS interest rates to fall in third quarter


IRS will waive fee for replacing discarded stimulus payment cards

The Internal Revenue Service won’t charge people who threw their stimulus money away because they thought the envelope was junk mail.

IRS will waive fee for replacing discarded stimulus payment cards


GASB releases guidance on cloud-based IT subscriptions

The Governmental Accounting Standards Board published accounting and financial reporting guidance on subscription-based information technology arrangements.

GASB releases guidance on cloud-based IT subscriptions


Ernst & Young sued over Wirecard as accounting woes add up

EY was sued over its work for the payment company, just two days after Wirecard’s headquarters were raided as part of a market manipulation probe.

Ernst & Young sued over Wirecard as accounting woes add up


AICPA launches new CPA Exam scholarship

The CPA Exam Scholarship will offer up to $1,500 to a minimum of 50 AICPA Student Affiliate members or U.S. AICPA CPA Exam Candidate Affiliate members to reimburse fees associated with the exam and prep courses.

AICPA launches new CPA Exam scholarship


Art of Accounting: Stanley Goldstein’s Top 10 game changers

The co-founder of Goldstein Golub Kessler discusses the highlights of his career and life.

Art of Accounting: Stanley Goldstein’s Top 10 game changers


Trump says he’ll ask Congress for extra economic stimulus

President Donald Trump said he’ll ask Congress to pass more economic stimulus, including a payroll tax cut, even after the government reported a surprise improvement in U.S. unemployment on Friday.

Trump says he’ll ask Congress for extra economic stimulus