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.
August 4, 2020
AccountingSuite
2020 Innovation Award Winner! AccountingSuite™ is built on the 1C:Enterprise platform that is used daily by several million users in the business and government sector. 1C:Enterprise is a very flexible and scalable platform that meets the needs of ...
August 4, 2020
Chicago Starts Taxing Wine-by-Mail Orders
As of July 1, 2020, wineries are required to collect Chicago liquor tax on sales made directly to consumers with a Chicago address. This is a significant departure from previous policy: Chicago liquor tax applied only to sales made physically in the city through June 30, 2020. The change to the Chicago liquor tax policy only affects wineries and other wine sellers, because breweries...…
August 4, 2020
States Searching for Revenue Get Aggressive on Sales Tax Enforcement
Federal, state, and local officials scrambled to support struggling businesses and individuals when the coronavirus (COVID-19) first hit. They placed temporary moratoriums on evictions, pushed income tax due dates to July 15, and waived interest and ...
August 4, 2020
AICPA Urges Congress to Restore Tax Benefits to Main Street Businesses Intended by CARES Act
The American Institute of CPAs (AICPA) joined a group of more than 170 organizations in a letter to House Speaker Nancy Pelosi (D-CA) and Senate Majority Leader Mitch McConnell (R-KY) encouraging a technical correction to address the tax treatment of ...
August 4, 2020
SmartVault Announces New, Innovative User Experience for Accounting Firms
SmartVault, a provider of cloud-based document management and client portals for the accounting profession announced today a new platform release designed to support an innovative new user experience.
August 4, 2020
India Accounting Firm MHA & Associates Joins PrimeGlobal
MHA & Associates LLP is the latest in a host of Indian firms that have joined the ranks of PrimeGlobal. The association has prioritised strategic growth in India, with George Guo, Executive Director for Asia Pacific, driving the expansion in the region.
August 4, 2020
Creating a Data Culture
CPA firms possess an incredible amount of data, and the tools allowing them to use that data are increasingly available. However, firms need a plan for using those tools to provide value to clients and create value for themselves.
August 3, 2020
AICPA Submits Additional Recommendations on Guidance Related to Application of Proposed Rulemaking Regarding Employee Renumeration
Under section 162(m) as amended by the TCJA, the definition of “covered employee” was broadened to include the PEO and PFO at any time during the year (not just the last day of the year), and the three other most highly compensated officers, for a ...
August 3, 2020
James Lee to Lead IRS Criminal Investigation Unit
As Chief, CI, Lee will lead the IRS’s criminal enforcement efforts to investigate tax code violations and other related financial crimes such as money laundering, public corruption, cyber-crimes, identity theft, narcotics and terrorist-financing.
August 3, 2020
KPMG Announces Global Tax Services Arrangement with HP
The KPMG teams will provide a range of global tax services, including international and U.S. direct and indirect tax compliance services, assistance with global tax reporting, transfer pricing support, and other tax assistance to HP.
August 3, 2020
Jolene Fraser Named Chair of California Society of CPAs
With more than 45,000 members, CalCPA is dedicated to increasing the value and promoting the integrity of the CPA profession; contributing to the success of its members; and strengthening client, employer, public and government trust in CalCPA member ...