Big Four face big split in U.K. as watchdog sets separation deadline

The U.K.’s dominant accounting firms must separate their audit units from other operations by June 2024 as the country’s industry watchdog reacts to shortcomings that led to the collapse of several companies.

Big Four face big split in U.K. as watchdog sets separation deadline


Looking for a work-at-home tax break? Here’s the bad news

The 2017 tax law eliminated the federal write-offs previously allowed for unreimbursed business expenses and home offices, along with most other miscellaneous itemized deductions.

Looking for a work-at-home tax break? Here’s the bad news


AICPA offers $50K in COVID-19 grants to accounting students

The American Institute of CPAs announced that it is offering education grants to 25 accounting students who have been monetarily impacted by the ongoing pandemic.

AICPA offers K in COVID-19 grants to accounting students


Tax Fraud Blotter: Run and gun

Yet another fictional company; more tooth and justice; unsafe bets; and other highlights of recent tax cases.

Tax Fraud Blotter: Run and gun


Global accounting groups urge long-term value creation amid coronavirus

Three worldwide accounting groups have banded together to issue a report offering guidance on how CFOs and finance teams can steer their organizations toward long-term value creation during the COVID-19 pandemic.

Global accounting groups urge long-term value creation amid coronavirus


IRS offers relief on low-income housing tax credits in response to coronavirus

The Internal Revenue Service is extending timelines for performing some of the actions associated with the low-income housing tax credit and bonds for qualified residential rental projects to give businesses more time during the COVID-19 pandemic.

IRS offers relief on low-income housing tax credits in response to coronavirus


Auditors can improve ESG info amid coronavirus, says CAQ report

Audit firms can enhance the reliability of environmental, social and governance reporting, according to a new report from the Center for Audit Quality.

Auditors can improve ESG info amid coronavirus, says CAQ report


People & firms on the move: BSSF marketing director named to local 2020 Women of Influence list

EisnerAmper and DHG each develop COVID-19-related workplace solutions; AAM elects four to board of directors; and more CPA news.

People & firms on the move: BSSF marketing director named to local 2020 Women of Influence list


Value pricing: How to gain a competitive edge and make more money

Finding ways to not just maintain revenues but increase them is becoming Job One for accounting practices large and small in the pandemic.

Value pricing: How to gain a competitive edge and make more money


What’s on the table for the next round of U.S. coronavirus relief

With a resurgence of the coronavirus threatening a nascent rebound of the U.S. economy, the White House and Congress are under increased pressure to come to terms on another round of stimulus.

What’s on the table for the next round of U.S. coronavirus relief