3 reasons why prospect urgency will drive service agility

The age of online purchasing is creating a new sense of urgency driven by prospects and clients. Timing is the differentiator, and accounting firms that can demonstrate knowledge and answer clients faster could rise to the top.

3 reasons why prospect urgency will drive service agility


AICPA and CPA.com add three AI-driven solutions to OnPoint product family

The AICPA and CPA.com have been forward thinking on artificial intelligence, and how it will shape the accounting industry in the near future, specifically the audit function.

AICPA and CPA.com add three AI-driven solutions to OnPoint product family


AICPA seeks applications for 2020 Legacy Scholarships

More than $650K in funds will be available for college accounting students.

AICPA seeks applications for 2020 Legacy Scholarships


Acumatica partners with BDO to go big internationally

The partnership goes beyond typical value-added resellers, with BDO providing the advisory and consultation piece, while leveraging Acumatica’s more than 350 resellers to implement the software when needed.

Acumatica partners with BDO to go big internationally


IRS names new head of OPR

Tax professor Sharyn Fisk will take the helm early in 2020.

IRS names new head of OPR


Goodwill impairment charges climbed to $78.9B

The total amount of goodwill impairment recorded by U.S. public companies reached $78.9 billion in 2018, up a staggering 125 percent from the prior year, according to a new report.

Goodwill impairment charges climbed to .9B


IRS proposed rules on cloud transactions could be a nasty surprise for publishers

The Internal Revenue Service’s proposed regulations on the classification of transactions involving digital content could mean some unexpected tax bills for some publishers, especially those based abroad who sell copyrighted articles to U.S. readers.

IRS proposed rules on cloud transactions could be a nasty surprise for publishers


How accounting standards are like Ford v Ferrari

Financial Accounting Standards Board Chairman Russell Golden compared the standard-setting process to the new race car movie, “Ford v Ferrari,” even though he admitted the process usually isn’t so speedy.

How accounting standards are like Ford v Ferrari


Window of opportunity zone investing still open

Plenty of tax deferral and impact investment runway is left even if clients miss the Dec. 31 deadline.

Window of opportunity zone investing still open


EY will offer direct-to-consumer tax solution, TaxChat, in 2020

The digital platform will offer licensed tax professionals who prepare and file customers’ individual US federal and state returns.

EY will offer direct-to-consumer tax solution, TaxChat, in 2020