The AICPA believes taxpayers will be able to avoid penalties if they write “COVID-19” at the top of their return. | Wolters Kluwer buys XCM Solutions | | By Ranica Arrowsmith 2 min read | | The acquisition offers integration opportunities with CCH Axcess, Wolters Kluwer’s cloud-based software suite for professional firms. | |
| Deloitte fined £15M in U.K. for Autonomy audits | | By Michael Cohn 3 min read | | The U.K.’s Financial Reporting Council sanctioned Deloitte and two of its former partners for their audits of the software company Autonomy prior to its acquisition by HP and levied a record penalty. | |
| The tax season that never ends | | By Daniel Hood | | It's been a most unusual year for tax pros, and National Conference of CPA Practitioners president Neil Fishman dives into the major issues — and what's to come. | |
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