Illinois CPA Society president signs 'Diversity and Inclusion Pledge'

Todd Shapiro joined the ranks of industry figures signing the “CEO Action” pledge, committing to building a more inclusive workplace.

Illinois CPA Society president signs 'Diversity and Inclusion Pledge'


France says U.S. agreed on a path to global tech tax accord

The U.S. and Europe are making progress toward a global pact on the taxation of digital services, with France’s finance minister, Bruno Le Maire, saying on Thursday that American officials agreed on a blueprint for negotiations.

France says U.S. agreed on a path to global tech tax accord


Financial satisfaction reached all-time high in Q4, says AICPA

The American Institute of CPAs’ Q4 2019 Personal Financial Satisfaction index (PFSi) has reached a new high for the seventh time in the last ten quarters after plummeting to record lows in the third quarter of last year, thanks to a late 2019 surge in the stock market.

Financial satisfaction reached all-time high in Q4, says AICPA


Grant Thornton offers indirect tax software

Grant Thornton LLP has introduced its new iNDIRECT.360 system to help companies manage their indirect tax processes and data needs.

Grant Thornton offers indirect tax software


Global TaxUpdate offers international tax legislation translated into English

Global TaxUpdate, a Lisbon, Portugal-based global tax information provider, has introduced GTU OnDemand, an e-commerce service that provides access to an online store of translated tax legislation.

Global TaxUpdate offers international tax legislation translated into English


Federal tax lawsuits plunge

Federal civil tax lawsuits have fallen by more than half over the past decade, according to a new analysis.

Federal tax lawsuits plunge


IESBA proposes major revisions to independence standards for auditors

The International Ethics Standards Board for Accountants has released two exposure drafts for proposed ethical standards aimed at strengthening the non-assurance services and fee-related independence provisions of the International Code of Ethics for Professional Accountants.

IESBA proposes major revisions to independence standards for auditors


Most taxpayers confident about tax prep

Taxpayers are feeling good about their tax-filing abilities, according to a new survey, with 89 percent indicating they feel confident they have their withholding set up correctly and 95 percent saying they’re confident that they’re taking all the deductions they can.

Most taxpayers confident about tax prep


PwC showcases new technologies

PricewaterhouseCoopers showed off some of its new and upcoming technologies it has been developing for its staff and clients, particularly in the auditing field, at an event Tuesday in its offices in New York.

PwC showcases new technologies


The art of the deal

The last several years have seen a “merger frenzy,” with small and midsize CPA firms (with annual revenues between $10 million and $24 million) getting acquired by larger CPA firms that have a strong brand and a track record of average to above average equity partner profitability.

The art of the deal