Accounting

December 10, 2020 

The collective wealth of America’s 651 billionaires has jumped by over $1 trillion since roughly the beginning of the COVID-19 pandemic to a total of $4 trillion at market close on Monday, December 7, 2020. Their wealth growth since March is more than ...

December 9, 2020 

The coalition points out in the letter that “...for many Americans, the global pandemic has created obstacles preventing many taxpayers and their advisors from timely filing returns or making timely payments despite their best efforts.

December 9, 2020 

CPA firms reaffirmed their value to small business clients in 2020, even as they reshaped the way they deliver their services, said Erik Asgeirsson, president and CEO of CPA.com.

December 8, 2020 

Low rates of household formation since the Great Recession have caused 5.7 million "missing" households, a new Zillow analysis finds. These missing households represent people who historically would have moved into their own home but have been unable...

December 8, 2020 

If the turmoil of 2020 has shown businesses anything, it’s that they should have been better protected and most businesses could have benefited from more insurance and more money. The pandemic and riots have forced thousands of businesses into ...

December 8, 2020 

Wolters Kluwer Tax & Accounting has announced the addition of new features to the Engagement Organizer in its award-winning CCH® ProSystem fx® Engagement integrated audit management solution. With new Engagement Organizer capabilities, clients can now ...

December 7, 2020 

Jody Grunden, CPA, a pioneer of subscription-based billing within the accounting profession, has been named the 2020 recipient of CPA.com’s Innovative Practitioner Award, which recognizes innovation in process, services and technology implementation.

December 7, 2020 

The CPA Exam Fee Lottery was created to offset the high cost of taking the CPA Exam, which can often exceed $1,000 when factoring in all four parts of the Exam and initial application fees. Exam takers can also incur additional fees of several thousand...

December 7, 2020 

Wolters Kluwer Tax & Accounting has announced the addition of new capabilities to its innovative TeamMate Analytics solution used by external auditors at tax and accounting firms, as well as by internal audit departments in businesses and ...

December 4, 2020 

The letter states that without legislation, there is “…the specter or a surprise tax increase of up to 37 percent on small businesses when they file their taxes for 2020.”

December 3, 2020 

The CAQ has released a new report with data and analysis on the first year that critical audit matters (CAMs) were included in auditor reports. Consistent with the requirements of the Public Company Accounting Oversight Board (PCAOB), the ...

December 3, 2020 

Zaniewski will lead AICPA’s state regulatory and legislative efforts and build strong, collaborative relationships with internal and external stakeholders on issues that impact the CPA profession. She will serve as the AICPA’s primary voice and ...