Latest Articles

October 23, 2020 

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 

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 

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 

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 

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 

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 

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 

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 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...

October 22, 2020 

Using LendAmi's secure online platform, the two parties transacting the loan negotiate terms, set up automatic bank ACH transfers and track the life of the loan. "But we also uncovered a need for recurring payments for items that are being bought and ...

October 22, 2020 

The 100+ former WNDE team members will continue to serve clients locally and nationally from locations in Irvine and Carlsbad, increasing CLA’s Southern California team to more than 300 people.

October 22, 2020 

This year, the IRS awarded grants to 34 TCE and 273 VITA applicants. The IRS received 354 applications requesting nearly $80 million.