AICPA guidance for nonprofits prompts questions

The clarification might lead to problems for some museums.


10 tips for creating high-quality content online

Your firm’s website is a powerful lead generation tool. When used wisely, your site will attract new clients, and in turn boost your bottom line.


Firms & people on the move: ICPAS honors 2019 Women to Watch

PKF O’Connor Davies appoints leader to cannabis industry practice; MSCPA takes CEO Action for Diversity & Inclusion Pledge; and more CPA news.


Lawsuits, contempt, fines: How Democrats could get Trump’s taxes

Steven Mnuchin may face a deadline of 5 p.m. Friday to comply with a subpoena to hand over President Donald Trump’s tax returns, but the pressure is really on a top House Democrat who has to decide how ferociously to respond to the Treasury secretary’s all-but-certain refusal.


New York CPA sentenced to 14 months in jail

A CPA from New York has been sentenced to 14 months in prison for filing a tax return in his own name that contained materially false information.


University of Toronto wins KPMG's 2019 Ideation Challenge

The second annual competition saw STEM student teams from across the globe develop AI-driven solutions.


Tax Fraud Blotter: Stretching a buck

Hidden fees; Maxed out; inhuman services; and other highlights of recent tax cases.


IRS fixes worksheet that miscalculated capital gains taxes

The Schedule D instructions had the older, higher tax rates for investors that were changed by the 2017 tax law.


Two ears, one mouth: Act accordingly

As trusted advisors, we spend so much of our day thinking about how we’re going to deliver answers. Instead, we should be spending a lot more time asking intelligent questions.


Senate Finance Committee sets up task forces to deal with tax extenders

Republicans and Democrats will be working on the perennial problem of what to do about the temporary tax breaks that need to be renewed every few years.