Accounting August 4, 2026
Nominations Open for Innovation Awards and 40 Under 40 Awards
Nominations are currently being accepted for CPA Practice Advisor's 40 Under 40, 20 Under 40, and Tax & Accounting Tech Innovation Awards.
October 26, 2020
Corvee Launches Proactive and Strategic Tax Planning System
Corvee, a software and solutions company which serves tax and accounting firms, has launched its new Tax Planning software to give accounting firms and tax professionals the ability to formulate a tax savings calculation, develop a proactive and ...
October 26, 2020
Set Yourself Some Deadlines
There are historical references from the 19th century supporting an origin of the word, deadline, indicating a line or ditch created around the perimeter of a prison, over which if a prisoner crosses he (or she) will be shot dead.
October 23, 2020
IRS Issues Revised Instructions on 1065 Parter Tax Basis Capital Reporting
The IRS has released an early draft of the instructions to Form 1065, U.S. Return of Partnership Income, for tax year 2020 (filing season 2021) that include revised instructions for partnerships required to report capital accounts to partners on ...
October 23, 2020
IRS Offers Another Limited-Time Settlement Option for Micro-Captive Insurance Schemes
In 2016, the Department of Treasury and IRS issued Notice 2016-66, which identified certain micro-captive transactions as having the potential for tax avoidance and evasion.
October 23, 2020
IRS Makes Final Push to Get Stimulus Payments to Those Who Haven’t Gotten One Yet
The IRS has already sent nearly 9 million letters to people who may be eligible for the $1,200 Economic Impact Payments but don’t normally file a tax return. The letters, along with the special Nov. 10 event, both urge people to use the...
October 23, 2020
AICPA and 11 Additional Organizations Support Bill That Protects Public Service on State Licensing Boards
The bi-partisan bill still allows for enforcement of anti-trust laws by federal and private entities and sets certain standards for licensing boards if they are to be immune from damages.
October 23, 2020
IRS Launches New Form Replacing 1099-MISC for Contractors in 2020
For years, businesses used Form 1099-MISC to report calendar-year payments exceeding $600 to individuals who performed business services. These include vendors, independent contractors, freelancers, and consultants.
October 22, 2020
Banking and Finance Firms Face Growth in PDF Power Users
A new BPI Network report, produced in partnership with Foxit Software, entitled “Powering PDF Users in Banking and Finance,” covers the growing importance of PDFs and highlights major problem areas.
October 22, 2020
AICPA Forum to Focus on Diversity and Inclusion in Accounting
The American Institute of CPAs (AICPA) National Committee on Diversity and Inclusion (NCDI) will host a candid conversation around diversity and inclusion as a way for the accounting profession to come together to make progress on this issue.
October 22, 2020
More than Half of U.S. Companies Have Hired New Staff Remotely
COVID-19 changed everything, including how companies recruit talent, new research from global staffing firm Robert Half shows. According to a survey of more than 2,800 senior managers in the U.S., 53% said their organization has hired full-time or ...
October 22, 2020
Deloitte Wins ‘Americas Tax Technology Firm of the Year’ Award
The 15th annual Americas Tax Awards recognize remarkable achievements and developments that demonstrate innovative, complex and impactful transactions. The awards acknowledge work that broke new ground in the tax marketplace and was completed between ...
October 22, 2020
Intuit Launches New QuickBooks Insurance and 401(k) Services
Intuit Inc. has launched two new offerings: QuickBooks Insurance and, separately, 401(k) powered by Guideline. The new options further expand the capabilities of the QuickBooks Online platform to help small businesses succeed and help their employees...