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IRS Will Phase in $600 Form 1099-K Reporting Threshold in 2026
Review of HubSync – The Accounting Technology Lab Podcast – Nov. 2024
FASB Issues Standard on Induced Conversions of Convertible Debt Instruments
IRS Announces National Tax Security Awareness Week Starts on Dec. 2
Most Business Leaders Don’t Expect Real Tax Reform Until 2018
Business leaders are skeptical of Congressional predictions that U.S. tax reform will come by this summer, with more than half (53 percent) predicting that significant business tax reform won’t arrive until 2018, according to a recent poll by ...
Some Contributions to Not-for-Profits Remain Hard to Classify
Individuals, companies, and foundations that donate money to a charity and earmark it for a specific program or scholarship are making restricted or conditional contributions, according to U.S. GAAP.
3 Money Tips for Happy Marriages
20 percent of couples say that financial decisions cause tension in their relationships every day, and 31 percent say money issues lead to stress weekly, according to a survey by the American Institute of CPAs and the Ad Council.
3 Ways Accounting Firms Can Embrace Artificial Intelligence
Tools for automated credit modeling already exist to help advisors stay ahead of credit risks in accounts receivable portfolios, according to the Hackett Group. Continued automation of data inputs — from gathering audit evidence to inputting employee expe
Volunteers Wanted for IRS Advisory Panel
The TAP reports annually to the Secretary of the Treasury, the Commissioner of the Internal Revenue Service and the National Taxpayer Advocate. The Office of the Taxpayer Advocate is an independent organization within the IRS that provides support for ...
Professionals on the Move – March 8, 2017
A roundup of professionals in the tax and accounting profession that have changed jobs and/or been promoted.
AICPA Issues Five New Working Drafts Related to Accounting Standards Update
The AICPA’s Financial Reporting Executive Committee (FinREC) has issued five new working drafts of accounting issues related to the implementation of Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers – for aerospace ...
Atlanta Accounting Firm BNKJ Joins Carr Riggs & Ingram
The CRI-BNKJ merger strengthens CRI’s position as one of the nation’s leading benefit plan audit service providers. Collectively, the two firms perform more than 450 benefit plan audits annually. Along with its current offerings, BNKJ can now deliver ...