Art of Accounting: Barry Melancon updated
The AICPA president and CEO gave his annual update at the Accountants Club of America at a sold-out breakfast.
Tech news: AI explained
ACCA calls for a middle ground on artificial intelligence, cryptocurrency tools for tax professionals, and more.
Taxpayers were on losing side more often in SALT lawsuits
Taxpayers prevailed in only 23 out of 55 (41.8 percent) of the significant tax cases involving state and local taxes in the fourth quarter of 2019, and for the entire year only 83 out of 218 (38.1 percent) of the significant tax cases in 2019, according to a recent analysis.
Is Maryland’s digital service tax innovative or insane?
The state’s proposal to tax digital ads has sailed right past controversial to land in the realm of is this really happening?
AAA announces 2020 Accounting Hall of Fame inductees
The American Accounting Association will honor five “thought leaders from a breadth of practice and educational backgrounds” at the organization’s annual meeting in Atlanta this August.
IRS sees spike in data breaches for tax pros this year
The Internal Revenue Service urged tax professionals and taxpayers to use the free, multi-factor authentication feature offered on tax prep software, as nearly two dozen firms reported data thefts so far.
Accounting firms are putting themselves and their clients at risk
Failure to disclose a lack of independence or a conflict of interest can open the door for potential liability and litigation for both the accounting firm and its clients.
Accounting firms are putting themselves and their clients at risk
Tax-prep analyst sees more free filers hampering revenue growth
Tax-preparation software companies face headwinds for the revenue they get from each tax return this year due to the combined effect of a rising mix of free filings and lower need for services that assist do-it-yourself filers, according to Morgan Stanley.
Tax-prep analyst sees more free filers hampering revenue growth
Tax refunds down almost 5% as U.S. filing season gets underway
The number of tax refunds issued so far this tax season is down almost 5 percent compared to last year, an indication that many Americans didn’t withhold enough from their paychecks and could face bills from the IRS.
Tax refunds down almost 5% as U.S. filing season gets underway
Zuckerberg backs digital tax that could boost Facebook’s bill
Mark Zuckerberg for the first time said he supports efforts to create a global digital tax that would ultimately raise the amount Facebook Inc. pays to foreign countries, in a move that may boost efforts to put a new levy in effect by year-end.
Zuckerberg backs digital tax that could boost Facebook’s bill