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FASB Looks to Update Rules on Share-Based Payments
IRS Looks to Improve Communication With Large Corporations During the Appeals Process
IRS Offers Tax Relief to Farmers and Ranchers Hit by Drought in 41 States
CPA Challenge: How Do You Build a Firm Culture?
IRS Names 10 New Members to ETAAC
Established in 1998, the ETAAC is a public forum for the discussion of issues in electronic tax administration. Its aim is to prevent identity theft and refund fraud in support of paperless filing of tax and information returns.
Deloitte Reports $47.6 Billion in Revenue; 5.5% Growth
Deloitte has reported aggregate global revenue of $47.6 billion (U.S.) for the fiscal year ending 31 May 2020 (FY2020), a 5.5 percent increase in local currency* and 3.9 percent increase in US dollars. In the first nine months of FY2020, prior to the ...
Wolters Kluwer Acquires XCM
Wolters Kluwer Tax & Accounting has entered into an agreement to acquire XCM Solutions, a cloud-based workflow solutions provider for professional tax and accounting firms. The acquisition offers integration opportunities with CCH Axcess, the...
Monit Launches Mobile Finance Platform to Give Small Business Owners More Control Over Finances
Monit, a mobile financial platform designed for small business owners, launched on September 15 with a demo at Finovate Fall 2020. Monit keeps business owners on top of their key financial numbers and forecasts cash flow using ...
Salary and Benefits Trends During Covid-19
Employers have a growing list of concerns lately, including losing their top performers, new research from global staffing firm Robert Half shows. A large majority of senior managers surveyed (88%) said they are worried about their ...
Accounting Firm BDO Reports $1.8 Billion in Revenue; Growth of 11.3%
In fiscal year 2020, BDO expanded both service offerings and geographic reach, including the launch of a holistic collection of digital services through BDO Digital, LLC in January, and office expansions in six markets over the past 12 months.
Back-to-School Gen Z Shoppers Targeted by Scammers
In recent years, discount, vintage, and second-hand fashion buying apps targeted at Gen Z and Millennial customers with names like Depop, Poshmark, ThreadUp, and LetGo have been growing in popularity. These apps typically connect buyers and sellers of ...
COVID-19 Pandemic Accelerates Digital Transformation Strategies for Accounting Firms
As the world reels from COVID-19 and its ensuing economic effects, accounting firms are forced to innovate on a dime to ensure business continuity in the new normal. The economic shutdown and slow recovery have exposed just how much disruption the ...