Accounting August 4, 2026
Last Call for Innovation Award Nominations: Closes Sept. 8
Nominations are currently being accepted for CPA Practice Advisor's 40 Under 40, 20 Under 40, and Tax & Accounting Tech Innovation Awards.
May 28, 2020
5 Financial Steps to Take Now During Coronavirus
Now’s a time when your goal may well be simply to ride out the next few months. That’s fine. Yet riding out the next few months isn’t the same as doing nothing. By being proactive, you can not only make the most of a bad time, but position yourself ...
May 28, 2020
AuditFile Releases Ability to Live Edit PDF Files
The ability for a dispersed team to view and edit PDF files in real time gives CPAs greater flexibility in creating, editing and managing workpapers within AuditFile. With an increase in remote working, this new feature will significantly improve how ...
May 27, 2020
NASBA Proposes Revisions to Uniform Accountancy Act Model Rules
The proposed changes, which are relevant to the CPA Evolution Initiative’s charge, pertain to educational requirements for individuals wishing to enter the CPA profession, and are aligned to encourage uniformity among the 55 U.S. Jurisdictions.
May 27, 2020
IRS Updates Regulation on Income Tax Withholding on Retirement and Annuity Payments
Under the proposed regulation for 2021 and future calendar years, the Treasury Department and the IRS will provide the rules and procedures for determining the default rate of withholding on periodic payments when a taxpayer has no withholding ...
May 27, 2020
IRS Continues Sending Stimulus Payment Debit Cards: Watch for Plain Envelopes
Nearly 4 million people are being sent their Economic Impact Payment by prepaid debit card, instead of paper check. The determination of which taxpayers received a debit card was made by the Bureau of the Fiscal Service, a part of the Treasury ...
May 27, 2020
IRS Offers Safe Harbor for Renewable Energies
The Treasury Department and the IRS are providing relief for taxpayers developing renewable energy projects and producing electricity from sources such as wind, biomass, geothermal, landfill gas, trash, and hydropower.
Accounting May 27, 2020
Preparing for the Post-Pandemic Workplace
From May 2020: An employer’s best course to protect employees and customers, and minimize the potential for legal actions, is to continue to follow CDC, OSHA, and state and local health guidance.
May 27, 2020
Florida Accountant Accused of $450,000 Embezzlement
A Boynton Beach, Florida accountant embezzled more than $450,000 from a senior-care business by printing fraudulent checks to himself, police alleged in arresting him on a grand theft charge Friday.
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.