Taxes February 21, 2023
IRS: Taxpayers Can Now Upload Documents for These 9 Notices
Taxpayers receiving these notices can respond securely to the IRS online, even if they don't have an IRS online account.
Taxes February 21, 2023
IRS and Treasury Issue Guidance for Insurers on Corporate AMT
The CAMT imposes a 15% minimum tax on the adjusted financial statement income of large companies starting in 2023.
Firm Management February 20, 2023
KPMG U.S. Cuts Nearly 2% of Its Workforce
The layoffs on Feb. 15 impacted about 700 people who worked in the firm's advisory practice.
Taxes February 10, 2023
IRS: Taxpayers E-Filing Amended Returns Can Now Get Their Refunds Direct Deposited
Anyone e-filing Form 1040-X can for the first time select direct deposit and enter their banking info for a faster refund.
February 9, 2023
Accountants Are Among the Most Sought After Workers in 2023
62% of companies plan to add full-time roles in accounting, while 78% look to contract workers to fill accounting jobs.
Taxes February 8, 2023
IRS Chief Counsel’s Office Has Open Tax Attorney Spots It Wants to Fill
The IRS is hiring tax attorneys to help enhance the taxpayer experience and address noncompliance.
Accounting February 3, 2023
FASB Votes to Move Ahead with Proposed Crypto Asset Accounting Standard
Companies would be required to measure crypto assets, like Bitcoin and Ethereum, using fair value accounting.
Firm Management February 2, 2023
CRI Expands Into Oklahoma After Merger with Stanfield + O’Dell
Carr, Riggs & Ingram now has its first location in Oklahoma after combining with Tulsa-based Stanfield + O’Dell.
February 2, 2023
Outsourcing is a Tool Being Used More by Corporate Tax Executives
83% of chief tax officers are planning to use outsourcing, cosourcing, or managed service alliances this year.
Payroll February 1, 2023
Companies With Job Openings Are Cutting Degree Mandates
64% of hiring managers say the bachelor’s degree requirement was eliminated to increase applicants.
Firm Management February 1, 2023
Top 50 Firms Berdon and Citrin Cooperman Say They Are Uniting
Citrin acquired the nonattest business of Berdon; Berdon will continue to provide attestation services to clients.
Technology January 31, 2023
Survey: 40% of U.S. Companies Reported a Data Leak in the Past Year
A big cause of data leaks is improper implementation of zero trust and full trust approaches, SysKit says.
Contributors
Amy Vetter
CPA, CITP, CGMA
Becky Livingston
Accounting & AI Marketing Consultant
Brian Tankersley
CPA, CITP, CGMA
Garrett Wagner
CPA, CITP, CEO and Founder of C3 Evolution Group
Jim Boomer
CPA, CITP, CEO
Ken Berry, JD
CPA Practice Advisor Tax Correspondent
Kristy Short, Ed.D.
Accounting Content Specialist
Mary Girsch-Bock
Contributing Writer
Randy Johnston
MCS, MCP
Roman Kepczyk
CPA, CITP, CGMA
