Taxes December 6, 2022
Following Tax Court Defeat, IRS is Still After Syndicated Conservation Easements
Proposed regs issued today identify certain syndicated conservation easement transactions as “listed.”
Firm Management December 6, 2022
Mazars USA Went Shopping in the Boston Area
The top 30 firm acquired Chestnut Hill, MA-based accounting firm Samet & Company PC on Dec. 1.
Taxes December 2, 2022
IRS Updates FAQ on Unemployment Compensation Exclusion
The American Rescue Plan Act of 2021 provided relief to those receiving unemployment compensation in 2020.
Accounting December 1, 2022
FASB Looks to Tweak Guidance for Leases Under Common Control
Comments on the proposed Accounting Standards Update can be submitted until Jan. 16, 2023.
Taxes November 30, 2022
Treasury Releases Labor Rules for Clean Energy Tax Credits
The Inflation Reduction Act invests $369 billion toward tackling climate change through clean energy initiatives.
Taxes November 29, 2022
IRS Increases Interest Rates for Q1 2023
For individuals, the rate for overpayments and underpayments will be 7% per year, up from 6%.
Taxes November 29, 2022
Report: Tax Prep Websites Sent Clients’ Financial Data to Facebook
Taxpayers’ financial information was being transmitted through a widely used code called the Meta Pixel.
Firm Management November 23, 2022
Elliott Penn is Not Happening
The merger between Elliott Davis and Whitley Penn, which was supposed to close on Nov. 1, has been called off.
Auditing November 21, 2022
PCAOB Proposes to Refresh Quality Control Rules for Audit Firms
The PCAOB plans to take a five-pronged approach to updating its quality control rules.
Taxes November 18, 2022
Zelle Users Are Circumventing an IRS Tax Rule to Their Advantage
Zelle says the new IRS 1099-K reporting rules for third-party payment processors do not apply to them.
Firm Management November 18, 2022
Baker Tilly Acquires Tax Consultancy Firm ACG
ACG’s 50 professionals will join Baker Tilly once the deal goes into effect on Dec. 1.
Firm Management November 17, 2022
4 in 10 Companies Are Flirting with a 4-Day Workweek, EY Survey Finds
EY’s second annual Future Workplace Index tracks C-suite executive sentiment on the workplace of the future.
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
