Internal Revenue Service officials said Wednesday they will be visiting approximately 800 taxpayers who earn over $100,000 a year and haven’t filed one or more tax returns in prior years.
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February 20, 2020
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IRS plans visits to high-income taxpayers who didn’t file returns
By Michael Cohn      3 min read
Internal Revenue Service officials said Wednesday they will be visiting approximately 800 taxpayers who earn over $100,000 a year and haven’t filed one or more tax returns in prior years.
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SEC and PCAOB offer potential relief for audit firms in China amid coronavirus
By Michael Cohn      4 min read
Leaders of the Securities and Exchange Commission and the Public Company Accounting Oversight Board issued a joint statement Wednesday about the impact of the coronavirus on audit firms trying to operate in China.
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Making sense of conflicting tax rules for online and digital service providers
By Frank Vari      6 min read
Even though each digital service provider differs from the next, all DSPs are forced to navigate a complicated, evolving and non-harmonized set of tax rules that govern their businesses around the world.
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IRS coordinates with other countries to combat tax evasion
By Michael Cohn      2 min read
Leaders from the service’s Criminal Investigation unit and tax authorities from Australia, the U.K., Canada and the Netherlands met in Australia this week to set priorities in the fight against international tax crimes.
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ACCA and IMA report on global economic issues
By Michael Cohn      2 min read
The Association of Chartered Certified Accountants and the Institute of Management Accountants released a report Wednesday on some of the major long-term issues affecting the world economy.
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IRS offers safe harbor for carbon capture credits
By Michael Cohn      2 min read
The Internal Revenue Service provided guidance and a safe harbor Wednesday for businesses that claim carbon capture credits in an effort to reduce emissions of carbon dioxide.
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Shut down the office: One company’s vacation solution
By Kayla Webster      3 min read
PwC decided to shut down their office for summer and winter holidays to give employees more time to recharge.
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The Tech Take: From blockchain tourism to blockchain reality
By Ranica Arrowsmith      4 min read
Blockchain became a buzzword and may have seemed overhyped, but now, the promises are becoming a reality.
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In the blogs: No bots about it
By Jeff Stimpson      4 min read
5G and the cloud; EITC refund timeframe; EideBailly; and other highlights from our favorite tax bloggers.
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‘Slot shots’ and lateral hires can be hazardous to your firm’s health
By Dom Esposito      5 min read
Finding quality talent that has the ability to perpetuate a small or midsized CPA firm is a big challenge, especially when firms admit new partners just because of needs as opposed to qualifications.
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