Fewer DIY taxpayers, an overwhelmed IRS and other likely features of the upcoming filing season.
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Upcoming Events
Daily Briefing
December 18, 2020
Upcoming Events December 18, 2020
Daily Briefing
A look ahead at the 2021 filing season
By Roger Russell      5 min read
Fewer DIY taxpayers, an overwhelmed IRS and other likely features of the upcoming filing season.
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KPMG Int’l revenues dip to $29.22B
By Daniel Hood      2 min read
The impact of the coronavirus pandemic hit the member firms in the second half of the fiscal year.
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CLA acquires Blumshapiro
By Daniel Hood      4 min read
In one of the biggest M&A deals of the year, the Top 10 Firm announced a major expansion in the Northeast.
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SEC approves PCAOB’s 2021 budget
By Daniel Hood      1 min read
The board's spending is expected to increase only slightly next year, thanks to the pandemic.
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SPONSOR CONTENT
Is your firm ready to offer client services?
As the profession shifts from transactional accounting—get firm members thinking “advisory” in 2021.
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81% of firms expect more remote work post-pandemic: Survey
By Sean McCabe      2 min read
ConvergenceCoaching's 2020 Anytime, Anywhere Work Survey results anticipate that remote work is here to stay.
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Tax Fraud Blotter: Group efforts
By Jeff Stimpson      5 min read
Folded; they didn’t need to know; sentence guaranteed; and other highlights of recent tax cases.
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The outsourced controller: Who’s monitoring the bookkeeper?
By Luke Templin      2 min read
Business owners don't have the time or expertise to deter bookkeeping fraud.
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CPA Exchange launches digital platform for selling firms
By Daniel Hood      2 min read
The online marketplace lets public accountants sell individual practices and clients, as well.
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Senators ask IRS whether taxpayer data hit in SolarWinds hack
By Laura Davison      2 min read
The leaders of the Finance Committee sent a letter asking for a briefing on whether taxpayer files were breached in the cyber attacks.
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FASB releases 2021 taxonomies
By Daniel Hood      1 min read
The SEC Reporting Taxonomy and GAAP taxonomy still need to be approved by the SEC.
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What’s Trending in HR Advisory?
Explore our free eBook on HR advisory trends impacting the profession.
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RESOURCES
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Auditor best practices for busy season
Many firms struggle to comply with what is at the core of every audit, like identifying and responding to risks of material misstatement. That is why proactively learning good audit best practices can only be beneficial to your firm.
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ASC 842 lease accounting standard handbook →
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Continuous accounting: A smart approach to better, faster decision making →
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