Don't miss #FirmGrowthForum , an event where top experts will dive deep into all aspects of the modern accounting landscape. Check out this video to learn more ... Show more conference.accountingtoday.com/event/25912871-2622-430a-9054-15fa4bd73b62/summary
The IRS 2024 Dirty Dozen: A phish, a mill and a stroll overseas are just three of the 12 major scams the Internal Revenue Service identified for this year's ...
accountingtoday.com/list/the-irs-2024-dirty-dozen-of-tax-scams
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The rise of the remote partner : The process of becoming a remote partner isn't much different from the traditional path — but it may take a little extra effort ...
accountingtoday.com/news/the-rise-of-the-remote-accounting-firm-partner
We are excited to welcome Doug Lewis, Director of The Visionary Group to #FirmGrowthForum . Hear him and other accountants share what they love and hate about the ... Show more conference.accountingtoday.com/event/25912871-2622-430a-9054-15fa4bd73b62/summary
Tax season so far: Increasing the pace: The number of individual income tax returns received rose by more than 17.5% in just one week ...
accountingtoday.com/list/tax-filing-season-statistics-through-april-5-2024
Quick Glance: Taxpayers Beware: Avoid 'Surprise' Fees
- Taxpayers may face 'surprise fees' if their tax refund from the previous year was too high.
- The IRS warned today that taxpayers could face a harsh hit to their wallets if they do not use the IRS Tax Withholding Estimator.
- The IRS recommends reviewing the withholding estimator annually, especially after significant life events.
- Not withholding the right amount from your income could become a growing issue as the IRS has increased many tax brackets and deductions by over 5 percent.
Who's responsible for payroll taxes?: A CPA's embezzlement turns out to be no excuse for trust fund recovery penalties.
accountingtoday.com/news/whos-responsible-for-payroll-taxes
The Bidens release their taxes: President Joe Biden and First Lady Jill Biden paid $146,629 in federal income taxes on a combined $619 ...
accountingtoday.com/articles/bidens-paid-23-7-effective-federal-rate-in-tax-day-disclosure
73% of accountants not using AI, 35% have no plans to: A recent poll from Rightworks has found that 73% of accountants are not using AI and 35% have no plans to ...
accountingtoday.com/news/73-of-accountants-not-using-ai-35-have-no-plans-to-says-poll-from-rightworks
IRS wraps up tax season: The Internal Revenue Service reported stronger performance on Monday, April 15, as it concluded this year's tax filing season ...
accountingtoday.com/news/irs-wraps-up-tax-season
Overall, the accounting profession generally leans Republican in its political preferences, but it's much more neck and neck in the presidential race.
Lights, camera, taxation! Accountants on screen: Some of our favorite CPAs of the silver and small screen.
accountingtoday.com/list/lights-camera-taxation-accountants-on-screen
Paid articlePaid Accountants' top concerns this election year: The economy, the national debt and tax reform are accountants' top concerns this election season ...
accountingtoday.com/news/accountants-top-concerns-in-the-2024-election-year
Tech news: CohnReznick launches digital advisory practice: Plus, DataSnipper releases new suites for cloud collaboration, data extraction; and other accounting ...
accountingtoday.com/list/tech-news-cohnreznick-launches-digital-advisory-practice
Paid articlePaid Ohtani's translator charged with stealing $16M for 19,000 bets: The alleged bookmaker is under criminal investigation by the IRS as well.
accountingtoday.com/articles/ohtani-translator-charged-with-stealing-millions-for-19-000-bets
Quick Glance: Ippei Mizuhara Remains Free Despite Bank Fraud Charges on $25,000 Bond
- Former interpreter for baseball star Shohei Ohtani from the Los Angeles Dodgers surrendered to authorities and later appeared before the U.S. District Court.
- Ippei Mizuhara turned himself in on Friday and was subsequently released on an unsecured $25,000 bond, commonly referred to as a signature bond. This arrangement allowed Mizuhara to secure his release without needing to provide any cash or collateral.
- United States Magistrate Judge Maria A. Audero also stipulated that Mizuhara must undergo treatment for his gambling addiction related to the sports betting scandal. Prosecutors alleged that he exploited his personal and professional connection with Ohtani to steal over $16 million from the player's bank account by occasionally posing as Ohtani to bankers to cover his gambling expenses.
- On Friday, Mizuhara only responded to the judge's inquiries by answering 'yes' when Audero asked him if he comprehended various aspects of the case and his bond conditions.
On the move: Sax hires first CIO: CohnReznick launches new digital advisory practice; Kruze Consulting and KPMG separately release CEO reports; and more news ...
accountingtoday.com/list/on-the-move-sax-hires-first-cio
Paid articlePaid IMA sees role for AI in accounting: The Institute of Management Accountants is examining the possibilities of artificial intelligence in the accounting ...
accountingtoday.com/news/ima-sees-role-for-ai-in-accounting
Tax deadline is pivotal for funding markets, Fed's balance sheet: The annual rush to pay Uncle Sam tends to suck hundreds of billions of dollars from the banking ...
accountingtoday.com/articles/tax-deadline-is-pivotal-for-funding-markets-feds-balance-sheet
Tax season nears its end, but uncertainties linger: From BOI reporting to tax legislation in limbo, even the most 'normal' filing season in a several years still ...
accountingtoday.com/news/tax-season-nears-its-end-but-uncertainties-linger
Quick Glance: Gender Pay Gap in UK Supermarkets and Income Impact
- UK supermarkets are closing gender pay gap, with Morrisons experiencing a rise.
- Ocado and Lidl show the most improvements, while Morrisons has the largest gap.
- Hourly pay differences are reported by government service.
- Equality initiatives and workplace improvements at M&S and Co-op.
We are excited to welcome Marianne Fisher, Senior Strategic Partner Manager - Accounting Channel at Avalara to #FirmGrowthForum . In this highly interactive session ... Show more conference.accountingtoday.com/event/25912871-2622-430a-9054-15fa4bd73b62/summary
AI targets tax refunds, and other tech stories you may have missed : Plus, Google is making massive changes to Chrome, AI-powered tax chatbots aren't performing ...
accountingtoday.com/list/ai-targets-tax-refunds-and-other-tech-stories-you-may-have-missed
Quick Glance: OpenAI and Meta Prepare New AI Models Capable of 'Reasoning'
- OpenAI and Meta are on the verge of releasing new artificial intelligence models that are said to be capable of reasoning and planning.
- These upgrades are part of a wave of new large language models being released this year.
- Reasoning and planning are key steps towards achieving 'artificial general intelligence', allowing chatbots and virtual assistants to complete sequences of related tasks.
PCAOB levies $27M in fines for exam cheating: The board imposed its largest-ever penalty of $25 million against KPMG's firm in the Netherlands ...
accountingtoday.com/news/pcaob-levies-27m-in-fines-for-exam-cheating-against-kpmg-netherlands-and-deloitte-indonesia-and-philippines
Quick Glance: Significant Fine Issued to KPMG for Exam Fraud in Dutch Branch
- Record penalty by US accounting oversight
- KPMG's Dutch branch fined for exam cheating
- Internal exam cheating a recurring issue among Big Four
- PCAOB initiates "culture review" of auditors
PCAOB proposes far-reaching reporting requirements : The Public Company Accounting Oversight Board voted to propose an extensive set of new reporting ...
accountingtoday.com/news/pcaob-proposes-far-reaching-requirements-for-audit-firm-reporting
SEC pauses climate disclosure rule: The Securities and Exchange Commission has temporarily stayed its climate-related disclosure rule amid a rash of lawsuits.
accountingtoday.com/news/sec-pauses-climate-disclosure-rule
IRS proposes rules for stock buyback tax: The Internal Revenue Service and the Treasury Department issued proposed rules for the stock buyback tax for large ...
accountingtoday.com/news/irs-proposes-rules-for-stock-buyback-tax
Art of Accounting: Tax season staff appreciation gifts: Here are some tips for showing your appreciation to your staff in the closing days of tax season.
accountingtoday.com/opinion/art-of-accounting-tax-season-staff-appreciation-gifts
'Best Firms for Tech' deadline extended: Due to greater-than-expected interest, Accounting Today has moved the submission deadline for its 2024 Best Firms for ...
accountingtoday.com/news/best-firms-for-tech-2024-deadline-extended-to-april-10
Paid articlePaid Tech news: Bloomberg launches corporate tax suite: Plus, Nominal launches generative AI ERP, and other accounting technology news and updates.
accountingtoday.com/list/tech-news-bloomberg-tax-and-accounting-launches-suite-of-integrated-solutions
On the move: RubinBrown names Kansas City MP
: CohnReznick appoints first president of global operations; Maxwell Locke & Ritter rebrands ...
accountingtoday.com/list/on-the-move-rubinbrown-names-kansas-city-mp
Paid articlePaid Crowe adds economic research firm: The Top 100 Firm has merged in ITR Economics to boost its advisory capabilities.
accountingtoday.com/news/crowe-adds-economic-research-firm-itr-economics
Bipartisan $78B tax deal hits GOP roadblock in Senate: Senate Republicans don't want to hand President Joe Biden an election-year victory on the legislation ...
accountingtoday.com/articles/bipartisan-78b-tax-deal-hits-gop-roadblock-in-senate
Uncertainty surrounds CTA — for accountants and small biz: Ongoing court cases and questions about whether accountants can actually work on BOI reporting make ...
accountingtoday.com/news/uncertainty-surrounds-the-corporate-transparency-act-for-accountants-and-small-biz
'Best Firms for Tech' deadline extended: Due to greater-than-expected interest, Accounting Today has moved the submission deadline for its 2024 Best Firms for ...
accountingtoday.com/news/best-firms-for-tech-2024-deadline-extended-to-april-10
Paid articlePaid ⏰ Advanced rates expire tonight for #FirmGrowthForum , an event where you'll have exclusive access to advanced practice management strategies ... Show more conference.accountingtoday.com/event/25912871-2622-430a-9054-15fa4bd73b62/summary
Accounting's pipeline problem: An opportunity in disguise?: Even as they struggle with shortages, leading firms see the staffing crisis as a chance to pull ahead ...
accountingtoday.com/news/accounting-s-pipeline-problem-an-opportunity-in-disguise
Only half of filers trust AI with taxes: Companies using artificial intelligence have a long way to go before people will fully trust them to help with their ...
accountingtoday.com/news/only-half-of-people-trust-ai-to-help-with-taxes-says-poll
Tax season so far: Reaching a plateau: The average direct deposit refund amount has remained steady at more than $3,000 for the past six weeks ...
accountingtoday.com/list/tax-filing-season-statistics-through-march-22-2024
Accounting class-actions rose last year: Accounting-related class-action lawsuit filings and settlements both increased in 2023, according to a new report ...
accountingtoday.com/news/accounting-class-actions-rose-last-year
Botkeeper Infinite replaces outsourcing with more AI: Botkeeper announced the release of Botkeeper Infinite, a tech-only solution that leverages AI to help firms ...
accountingtoday.com/news/botkeeper-infinite-replaces-outsourcing-with-more-ai-to-help-firms-automate
Pushing the deadline: Where Americans are most likely to delay filing their taxes
accountingtoday.com/list/30-states-and-cities-where-taxpayers-procrastinate-tax-filing
Paid articlePaid Accounting firms make wealth management deals: Maxwell Locke & Ritter sold its wealth management unit to Creative Planning, and Wright, Ford, Young & Co ...
accountingtoday.com/news/accounting-firms-make-wealth-management-deals
Paid articlePaid IRS investigating almost $9B in pandemic fraud: The agency has indicted almost 800 people for COVID fraud, and has a 98.5% conviction rate.
accountingtoday.com/news/irs-investigating-almost-9b-in-covid-pandemic-fraud
Paid articlePaid The 'Buy, Borrow, Die' tax strategy: A new twist on death and taxes: A congressional hearing takes aim at an estate planning strategy that relies on the step-up ...
accountingtoday.com/news/the-buy-borrow-die-tax-strategy-a-new-twist-on-death-and-taxes
Paid articlePaid Cohen & Co. tops 2023 SEC client rankings: Overall new client additions — and departures — continue to rise, thanks to M&A.
accountingtoday.com/news/cohen-co-tops-2023-sec-client-rankings
Paid articlePaid Art of Accounting: An April Fool's Day story that's true: This outrageous story about an accountant's client and his wife might not seem like it's real ...
accountingtoday.com/opinion/art-of-accounting-an-april-fools-day-story-thats-true
AI and the firm of the future: Wipfli's Kelly Fisher offers a practical look at artificial intelligence and how accounting firms should be thinking about it.
accountingtoday.com/podcast/ai-and-the-firm-of-the-future
Paid articlePaid NetSuite aspires to make AI ubiquitous : Brian Chess, AI development lead with NetSuite, explained the company's AI Everywhere philosophy during the SuiteConnect ...
accountingtoday.com/news/netsuite-aspiring-to-make-ai-ubiquitous-as-part-of-ai-everywhere-philosophy
Paid articlePaid The biggest decisions young accountants have to make: Experts share what young accountants should look for in a firm and how to approach their careers.
accountingtoday.com/news/navigating-important-career-choices-as-a-young-accountant
Paid articlePaid Under the radar no more: IRS increases scrutiny on corporate jets: The campaign is part of a larger effort by the IRS to increase its scrutiny of high-income ...
accountingtoday.com/news/under-the-radar-no-more-irs-increases-scrutiny-on-corporate-jets
Paid articlePaid Tax season so far: Looking for answers: Taxpayers are accessing the IRS website much more this year than last to find the answers they need ...
accountingtoday.com/list/tax-filing-season-statistics-through-march-15-2024
The riskiest jobs in accounting: Does your job primarily involve data entry and routine processes? If so, it may be time for a pivot.
accountingtoday.com/news/the-riskiest-jobs-in-accounting
Paid articlePaid ESOP gives BDO employees a stake in firm's future: An employee stock ownership plan may be the answer as the accounting profession faces a talent shortage.
accountingtoday.com/news/esop-gives-bdo-employees-a-stake-in-firms-future
Paid articlePaid We are excited to welcome Heather Satterley, Director of Education and Media at Woodard Company to #FirmGrowthForum . Join Satterley in this session to unlock the ... Show more conference.accountingtoday.com/event/25912871-2622-430a-9054-15fa4bd73b62/summary
Work-life balance worries are scaring people away from audit: Besides a negative outlook on work-life balance, comp and career development questions are driving ...
accountingtoday.com/news/auditors-want-better-work-life-balance-compensation-and-career-development
Paid articlePaid Poll shows bipartisan support for taxing the rich: Fully 69% of registered voters in seven swing states say they favor higher taxes on billionaires ...
accountingtoday.com/articles/tax-the-rich-is-actually-a-popular-bipartisan-stance-poll-shows
Paid articlePaid MassCPAs finds DEI problems in accounting: The Massachusetts Society of CPAs released a report that identified widespread racial and ethnic disparities in the ...
accountingtoday.com/news/masscpas-finds-dei-problems-in-accounting-profession
Paid articlePaid IRS investigating Dodgers star's former interpreter: Ippei Mizuhara and an alleged bookmaker are under criminal investigation by the Internal Revenue Service ...
accountingtoday.com/articles/irs-investigating-ohtanis-former-interpreter
Paid articlePaid FieldGuide bets AI can help fix accountant shortage: Three-year-old startup Fieldguide raised $30 million in funding to further its goal of using AI to alleviate ...
accountingtoday.com/articles/three-year-old-startup-bets-ai-can-help-fix-accountant-shortage
Paid articlePaid Foundational skills for young accountants : Experts highlight tech savviness and strong communication as key skills for early-career accountants.
accountingtoday.com/news/foundational-skills-for-young-accountants
Paid articlePaid Tax Strategy: Election year tax proposals kick off: Both Donald Trump and Joe Biden have begun laying out their visions for the Tax Code.
accountingtoday.com/opinion/tax-strategy-election-year-tax-proposals-kick-off-in-state-of-the-union
Paid articlePaid AI accounting startup raises $100M: The Series C round was led by the Israel-based Key1 Capital fund and joined by Euclidean Capital ...
accountingtoday.com/articles/ai-accounting-startup-fundguard-raises-100m-in-new-funds
Paid articlePaid Art of Accounting: Taking your practice to next level: Growing a firm is difficult, but not growing it could be more difficult.
accountingtoday.com/opinion/art-of-accounting-taking-your-practice-to-next-level
IRS encounters Form 1065 processing glitches: The Internal Revenue Service has posted new information about how to handle possible processing errors when ...
accountingtoday.com/news/irs-encounters-form-1065-processing-glitches
Paid articlePaid New bill would remove tax breaks for mergers: An unlikely pair of senators is teaming up to propose legislation to eliminate tax breaks for corporate M&A ...
accountingtoday.com/news/senators-introduce-bill-to-remove-tax-breaks-for-mergers
Paid articlePaid Tech news: KPMG adds gen AI to Digital Gateway : Plus, Chime now offers in-app tax filing; Financial Cents' new ReCats tackles uncategorized client transactions; ...
accountingtoday.com/list/tech-news-kpmg-digital-gateway-adds-gen-ai-capacities
Paid articlePaid On the move: PKF Texas culture officer named to Hall of Fame: PBMares establishes new risk advisory consulting practice; Weaver adds a tax partner; and more news ...
accountingtoday.com/list/on-the-move-pkf-texas-chief-culture-officer-named-to-local-womens-hall-of-fame
Paid articlePaid Man indicted over hiding $20M from IRS: Dan Rotta, 77, was charged in Miami with hiding assets from the IRS in two dozen secret Swiss accounts between 1985 and ...
accountingtoday.com/articles/ex-credit-suisse-client-indicted-over-hiding-money-from-irs
Paid articlePaid We are thrilled to welcome Seth Fineberg, Owner of Accountants Forward to #FirmGrowthForum to share insights on the major issues facing firms ... Show more conference.accountingtoday.com/event/25912871-2622-430a-9054-15fa4bd73b62/summary
A secret weapon for growth: market research: A new Hinge study details the marketing tactics of high-growth accounting firms.
accountingtoday.com/news/opportunity-for-accounting-firms-in-research-hinge-high-growth-study-shows
Paid articlePaid IRS stops billions in dubious ERC claims: The Internal Revenue Service's efforts to halt fraudulent claims for the Employee Retention Credit have protected more ...
accountingtoday.com/news/irs-erc-compliance-effort-stops-billions-in-dubious-claims
Paid articlePaid The worst of times: Issues in accounting in 2024: Senior leaders from Accounting Today's Top 100 Firms and Regional Leaders share their biggest concerns for the ...
accountingtoday.com/news/the-worst-of-times-the-top-issues-in-accounting
Paid articlePaid At #FirmGrowthForum you'll learn new insights and best practices for improving firm processes, collaborating closer with clients and reaching new levels of success ... Show more conference.accountingtoday.com/event/25912871-2622-430a-9054-15fa4bd73b62/summary
SEC charges advisors over misleading AI claims: The Securities and Exchange Commission has charged two separate investment advisors for severely overstating ...
accountingtoday.com/news/sec-charges-two-different-advisors-over-misleading-artificial-intelligence-claims-to-investors
Paid articlePaid Senators introduce bill to curb GRAT tax break: A pair of lawmakers proposed a bill to end the abuse of grantor-retained annuity trusts to avoid taxes.
accountingtoday.com/news/senators-introduce-bill-to-curb-grat-tax-break
Paid articlePaid PCAOB fines KPMG China partners $150K: The Public Company Accounting Oversight Board imposed a total of $150,000 in fines against three partners at KPMG's firm ...
accountingtoday.com/news/pcaob-fines-kpmg-china-partners-150k
Paid articlePaid Tax season so far: By the numbers: While tax season started seven days later this year, taxpayers are getting their returns into the IRS earlier ...
accountingtoday.com/list/tax-filing-season-statistics-for-week-ending-march-8-2024
IRS needs to plan better for modernization funding: The Internal Revenue Service hasn't fully updated its plans to use the tens of billions of dollars in ...
accountingtoday.com/news/irs-needs-to-plan-better-for-modernization-funding
Paid articlePaid M&A yields major gains in SEC clients in Q4: GreenGrowth CPAs dominated the league tables in the last quarter of 2024, adding 30 new clients through two ...
accountingtoday.com/news/accounting-firm-mergers-yield-major-gains-in-sec-audit-clients-in-q4
Paid articlePaid Deloitte revamps structure to cut costs: Big Four firm Deloitte is looking to overhaul its structure to cut costs ahead of a market slowdown ...
accountingtoday.com/articles/deloitte-revamps-structure-to-cut-costs-in-tough-market
Paid articlePaid The fastest-growing firms in the U.S. — 2024: The 25 accounting practices with the highest revenue growth in percentage terms in 2023 from Accounting Today's Top ...
accountingtoday.com/list/the-fastest-growing-accounting-firms-in-the-u-s-2024
Paid articlePaid Court stays SEC climate rule: A federal court has temporarily halted the Securities and Exchange Commission's climate-related disclosure rule in response to a ...
accountingtoday.com/news/court-stays-sec-climate-rule
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