Tax pros’ top worry for 2020 is late client info

Far fewer are concerned about the Tax Cuts and Jobs Act, unlike last year.

Tax pros’ top worry for 2020 is late client info


Accountants to rely more on big data in 2020

Technology such as data analytics, artificial intelligence, machine learning, blockchain and robotic process automation will be playing a greater role in the accounting profession this year, according to a recent report from the Institute of Management Accountants.

Accountants to rely more on big data in 2020


Service disruption hits Thomson Reuters platforms

Accountants are left disgruntled with a lack of information.

Service disruption hits Thomson Reuters platforms


BlackRock pushes for clearer accounting of climate risks from companies

BlackRock, the world’s biggest fund manager, said Tuesday that it plans to put sustainability at the center of its investment strategy and it will push companies to improve their climate risk disclosures.

BlackRock pushes for clearer accounting of climate risks from companies


IRS improves online Withholding Estimator to reflect new W-4

The Internal Revenue Service unveiled an enhanced Tax Withholding Estimator on its website Tuesday, designed to help workers fill out the new W-4 withholding form and hopefully avoid the problems seen last year when many taxpayers found themselves owing more taxes or receiving less of a tax refund than they expected.

IRS improves online Withholding Estimator to reflect new W-4


How AI in ERP will create the finance team of the future

The move to the cloud is allowing users to make more of their data and of the many new intelligent tools that are out there.

How AI in ERP will create the finance team of the future


New Jersey governor signs bill to bypass SALT cap on small business tax deductions

New Jersey Governor Phil Murphy signed legislation Monday giving small businesses in the Garden State a workaround for the $10,000 cap on state and local tax deductions under the Tax Cuts and Jobs Act.

New Jersey governor signs bill to bypass SALT cap on small business tax deductions


IRS whistleblower awards declined steeply in FY19

The Internal Revenue Service’s Whistleblower Office made 181 awards to whistleblowers in fiscal year 2019, totaling over $120 million and collected more than $616 million.

IRS whistleblower awards declined steeply in FY19


Meet the new W-4

The brand-new withholding form for 2020 will present taxpayers with challenges, and tax pros with opportunities, says ADP’s Pete Isberg.

Meet the new W-4


Art of Accounting: Preparing for a client meeting

I always prepare for client meetings. Sometimes I overprepare because I don’t want to be unprepared and also because I want to control the pace, direction and timing of the meeting.

Art of Accounting: Preparing for a client meeting