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September 17, 2019

DAILY BRIEFING

IRS offers to settle with insurance tax scammers

By Michael Cohn 3 min read

Up to 200 taxpayers who have been under audit for participating in micro-captive insurance tax schemes are receiving letters from the Internal Revenue Service.

Reaching next gen clients

By Daniel Hood

Just as the rising generations of accountants have very different characteristics from the baby boomer generation, so does the rising generation of clients, according to Sarah Dobek of Inovautus Consulting.

IMA begins new campaign to promote the CMA

By Michael Cohn 5 min read

The Institute of Management Accountants is also encouraging accountants to develop a wider range of skills.

Companies still behind schedule on lease accounting standards

By Michael Cohn 2 min read

Only 26.3 percent of public company execs say their implementation of the lease accounting standard is complete, according to a new survey by Deloitte.

Art of Accounting: On the basis of sex

By Edward Mendlowitz 4 min read

Today there is considerable consternation that women and blacks are underrepresented in the partnership ranks of CPA firms.

Apple takes on EU’s Vestager in record $14B tax fight

By Stephanie Bodoni and Aoife White 4 min read

Apple fights the world’s biggest tax case in a quiet courtroom this week, trying to rein in the European Union’s powerful antitrust chief.

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Tax Cut 2.0 looks different to Trump than to GOP lawmakers

By Laura Davison and Erik Wasson 3 min read

The GOP is more focused on making their first tax cut permanent.

IRS expands CAP application field for 2020

By Jeff Stimpson 1 min read

More corporations can now apply for the Compliance Assurance Process program.

Paychex debuts Paychex Solo, document management, and more

By Ranica Arrowsmith

Payroll is an area in which tech companies are continuing to innovate as accountants are increasingly interested in offering value-added services such as these to their clients.

Armanino searches for 'the perfect taco' in new video

By Sean McCabe 1 min read

The video features an in-depth look at the top 25 firm's workplace culture.

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