Digital Currency
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IRS Shares Five New Warning Signs of Incorrect ERC Claims
‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Accountant Gets Jail Time For Charging $3 Million on New Jersey Employer’s Credit Card
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Cryptocurrency Considerations for CPAs
Cryptocurrency is becoming increasingly popular as a payment method and investment opportunity, which means CPAs will be dealing with this technology more frequently. CPAs must become cryptocurrency experts to protect their clients’ assets and ensure ...
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AICPA Supports STEM Education in Accounting Act
Accounting professionals’ use of technology reflects their role as trusted advisors to businesses, nonprofits and individuals. For many years they have been using and applying advanced technology such as artificial intelligence and technology-enabled ...
Duff & Phelps Welcomes New Managing Director, IP Transfer Pricing Veteran Philippe Penelle
Duff & Phelps, A Kroll Business, the world’s premier provider of valuation, corporate finance, governance, risk and transparency, announced that Philippe Penelle has joined as a managing director based in Los Angeles, California. Penelle leverages over two decades of experience designing, valuing and defending transfer pricing structures on behalf of multinational clients and their counsel. […]
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Is Big Growth Ahead for CPA Firms?
Advances in technology, the pandemic-related shift to a fully digital workplace and rapidly evolving business models are creating huge opportunities for CPA firms – provided they take the necessary steps to stay ahead of the curve, said Erik Asgeirsson.
Thomson Reuters CPA Firms Can Directly Add Ledgible Crypto Tax
Most taxpayers are uninformed when it comes to the potential tax consequences surrounding crypto. Surveys show that there are over 50 million taxpayers who need to report crypto when filing 2021 tax returns. Any taxpayer who can answer 'YES' to the IRS...
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Virtual CCH Innovations Conference Set for Dec. 7, 2021
The CCH Innovations Conference will feature dynamic guest keynote speakers, including Internal Revenue Service (IRS) Commissioner Charles Rettig and IRS Chief Taxpayer Experience Officer Ken Corbin. Top performing firms should plan to attend so they ...
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Accounting Firm BPM Elevates Eight to Partner
BPM LLP, one of the 50 largest public accounting and advisory firms in the country, has announced eight new partners: Jamie Emerson-Heery, Rono Ghosh, Meredith Johnson, Kemp Moyer, Ryan Musser, Javier Salinas, Will Tanem and Catherine Wong.
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Most Business-to-Business Companies Opposed to Accepting Cryptocurrency
A new survey conducted by Invoiced and PaymentsNEXT finds that 59% of U.S. finance and accounting professionals at business-to-business (B2B) companies are not open to the idea of accepting cryptocurrency as a form of payment.