Taxes July 12, 2026
What the 2026 ‘Protect Your Clients; Protect Yourself’ Campaign Means for Your Firm this Summer
Get ready for next tax season with a real security program instead of a folder that only gets opened when an audit demands it.
May 27, 2020
Americans Expect a Natural Disaster, But are Unprepared Financially
Nearly four in ten Americans (37 percent) admit they do not have a good sense of how much recovering from a natural disaster would cost their family financially. And seven in ten (71 percent) say that such an event would have a major or moderate ...
May 27, 2020
Post Covid-19, Working From Home Will Be More Common
The virus outbreak has forced entire employee populations to work from home. And as workers settle into that rhythm, it is uncertain how many will actually need to report to the office five days a week after a coronavirus vaccine is found.
May 27, 2020
States and Feds Tracking Covid-19 Scams
Suspect cures and price gouging on short supplies have become a game of Whac-A-Mole for state and federal regulators and some businesses during the pandemic.
May 27, 2020
Consumer Confidence Stabilized in May
But just 14% of respondents said they expected their incomes to increase in the next six months, the smallest share since 2013. “Consumers remain concerned about their financial prospects,” Franco said.
May 26, 2020
IRS and Treasury Issue Final Regs for Tax Relief to Tax Exempt Organizations
The final regulations reflect statutory amendments and certain grants of reporting relief announced by the Treasury Department and the IRS in prior guidance to help many tax-exempt organizations generally find the reporting requirements in one place.
May 26, 2020
Andy Keyso named Chief of IRS Independent Office of Appeals
Appeals is independent of the IRS compliance functions, including the examination and collection functions that make tax assessments and initiate collection actions. Appeals’ mission is to resolve tax controversies without litigation on a basis that ...
May 26, 2020
Businesses are Enhancing Healthcare and Well-Being Programs in Response to Covid
Supporting physical and emotional health is a top priority for most employers as 64% believe COVID-19 will have a moderate to large impact on employee well-being. More than three in four (77%) are offering or expanding access to virtual mental health ...
May 26, 2020
Do Credit Cards Encourage Overspending?
The long-held idea that credit cards encourage overspending isn’t necessarily false. A journal article by University of Toronto Researcher Dilip Soman found that those who have a history of using credit cards as a form of payment tend to overspend ...
May 26, 2020
Financial Accounting Foundation Issues Annual Report
The annual report theme is “Standards That Work for Everyone.” It provides an outline of how the Financial Accounting Standards Boards (FASB) and the Governmental Accounting Standards Board (GASB) work together to obtain fresh ...
May 26, 2020
XCM Releases New API for Engagement Task Data
This latest GET API will allow XCM customers to access their engagement task information, including key dates and acceptance detail, typically captured throughout the lifecycle of an audit engagement, used to create a number of unique reporting needs ...
May 26, 2020
Illinois CPA Society Announces Scholarship Recipients
The Illinois CPA Society (ICPAS) is pleased to award $84,000 in scholarships to 43 accounting students as part of its Accounting Scholarship Program, which supports accounting students at Illinois colleges and universities who demonstrate strong ...
May 26, 2020
Grant Thornton Names New Managing Partners and Principals
Grant Thornton appointed these office managing partners and principals to drive the firm’s continued commitment to its people and culture, while also supporting its strategic objectives and growth initiatives in their respective markets.