New York sees push to tax stock trades with revenue in free fall

Democrats in New York, the world’s financial capital, may finally have the right moment to resurrect the state tax on stock trades.

New York sees push to tax stock trades with revenue in free fall


Preparing for the potential for fraud in the PPP

The speed and scale of the Paycheck Protection Program made it particularly susceptible to fraud, explains Juliette Gust, a forensic accountant and founder of Ethics Suite — and that means businesses need to take steps to protect themselves.

Preparing for the potential for fraud in the PPP


Working from home is not a choice

We are not back to normal, and WFH is not a perk … yet.

Working from home is not a choice


New IRS Dirty Dozen is full of coronavirus

The COVID-19 pandemic has infected the service’s annual list of top tax scams.

New IRS Dirty Dozen is full of coronavirus


The challenge for CPA firms: Applying RPA in the real world

Accountants can start small when it comes to deploying robotic process automation to streamline their workflows.

The challenge for CPA firms: Applying RPA in the real world


AICPA and CPA.com provide PPP loan forgiveness tool

Borrowers or their accountants can fill out the forgiveness application and the tool produces all government-mandated forms automatically.

AICPA and CPA.com provide PPP loan forgiveness tool


Bitcoin investor sues IRS for seizing private financial data

A Bitcoin investor in New Hampshire has filed a lawsuit against the Internal Revenue Service after he received a letter from the IRS inquiring about his digital currency holdings.

Bitcoin investor sues IRS for seizing private financial data


CLA grants more than $500K to diversity-focused organizations

Top 10 Firm CliftonLarsonAllen’s CLA Foundation contributed to 40 organizations across the country — nearly 40 percent of which are led by people of color.

CLA grants more than 0K to diversity-focused organizations


New York State accuses tax prep companies of hiding free software

New York State’s Department of Financial Services issued a report saying five tax prep software companies have been making it difficult for taxpayers to access the free versions of their tax preparation software, even though they belong to the Free File Alliance.

New York State accuses tax prep companies of hiding free software


Lawmakers urge IRS to fix stimulus payment problems

Over a hundred members of Congress are asking the service to resolve a number of issues preventing the remaining Economic Impact Payments from going out.

Lawmakers urge IRS to fix stimulus payment problems