IRS revises Form 1040 schedule to ask about virtual currency

The Internal Revenue Service has issued a second early draft version of the new Schedule 1 for next tax season’s Form 1040 to include a question up top about whether a taxpayer has sold, received, exchanged or acquired cryptocurrencies such as Bitcoin or Ethereum.


Better client meetings: Summary letters are a game changer

You and your client both invested your most valuable resource — time — into a meeting. Don’t drop the ball now.


Firms on the move: UHY opens Long Island office

AICPA announces 36 Leadership Academy grads and grants 25 fellowships to minority students; RKL and Baker Tilly named Best Places to Work in Pennsylvania; and more CPA news.


People on the move: Andy Armanino named Moore Global chairman

BKD names three office managing partners; LBMC appoints SALT leader; and more personnel news.


The limited scope of IRS Revenue Ruling 2002-83

Section 1031 exchanges involving related parties present some of the most complex problems in tax law.


Product news: Bill.com reaches 137 countries, adds former Intuit exec to board

Paychex wins HR tech award, and TripIt is now available for Mac users.


Firms giving back: GSCPA donates over 774K meals via annual 'Food Fight'

EY holds its annual philanthropic Connect Day; and other charitable initiatives from firms across the country.


Tax Fraud Blotter: Methy business

Everybody out of the Pool; dying Embers; the House falls; and other highlights of recent tax cases.


Meet the 2019 Best Firms for Women

Take an inside look at the 10 most female-friendly workplaces in the accounting profession.


Paychex unveils wearable tech, teases products for 2020

HR and payroll solutions provider Paychex introduced several new products this month, including a smartwatch plug-in for Flex Time users.