The most common tax problems for 2020
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August 17, 2019
Upcoming Events August 17, 2019
AICPA drafts guidance on CECL
By Michael Cohn      2 min read
The American Institute of CPAs’ Financial Reporting Executive Committee is offering some advice on issues related to the new credit losses standard.
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The most common tax problems for 2020
By Ralph Carnicer
Ten issues taxpayers and their advisors should be paying attention to right now.
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Companies penalize audit firms for flagging their own weaknesses
By Michael Cohn      4 min read
Auditing firms that tend to find material weaknesses in companies’ internal controls are seen as less attractive in the audit market, according to a new study.
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IRS axes estimated tax penalties for 400,000 taxpayers
By Michael Cohn      3 min read
The Internal Revenue Service is automatically waiving the estimated tax penalty for hundreds of thousands of eligible taxpayers.
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GASB offers implementation guide on lease accounting
By Michael Cohn      1 min read
The Governmental Accounting Standards Board has released questions and answers about the recent standard on accounting and financial reporting for leases by state and local governments.
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IRS sends second round of warnings to cryptocurrency investors
By Lynnley Browning      3 min read
There's a new front in the agency’s burgeoning scrutiny of the crypto industry.
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Special Report: The Audit of the Future
If even half the current predictions are true, in five years no one will recognize the audit. This report will look at some of the most likely changes.
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GE sinks most in 11 years as Madoff accuser excoriates accounting
By Tony Robinson and Katherine Chiglinsky      4 min read
General Electric shares plunged after a prominent whistle-blower working with a short-seller accused the company of masking financial problems.
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Beyond the hype: How AI is being used by accountants today
By Khalid Al-Kofahi      4 min read
Few ideas in the last decade have provoked as much excitement — or as much misinformation — as the introduction of artificial intelligence in tax and accounting.
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The next face of the accounting profession
By Sean McCabe
The AICPA's “2019 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits" breaks down the profession as it enters a new decade.
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BPM merges in CPA Consulting
By Michael Cohn      2 min read
The Top 100 Firm based in San Francisco has expanded in the Seattle area by adding a firm based in Bellevue, Washington.
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SPONSOR CONTENT
Rethinking Gender Pay Inequity in a More Transparent World
When are differences in pay justified? Modern employers face this question every day — and there are no easy answers.
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RESOURCES
WEB SEMINAR
Inside the top QuickBooks apps
With millions of businesses using Intuit’s industry-leading accounting software, accountants want to make sure they’re up to date on the best third-party applications in the QB ecosystem, whether they're using desktop or QB Online.
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Rethinking Gender Pay Inequity in a More Transparent World →
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On deadline & under budget: The post-audit engagement workflow opportunity →
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