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October 8, 2019
Upcoming Events October 8, 2019
Daily Briefing
IRS urged to use data to uncover charity-related tax scams
By Michael Cohn      4 min read
The Internal Revenue Service could make better use of its data to ferret out abusive tax schemes involving charities and other tax-exempt groups, including syndicated conservation easements, according to a new report.
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States eye safeguards for payroll after MyPayrollHR fraud
By Michael Cohn      3 min read
Payroll processors are anticipating closer scrutiny after a high-profile scandal.
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WS+B mourns death of co-founder Fred Withum
By Michael Cohn      3 min read
WithumSmith+Brown is commemorating the passing of one of the CPA firm’s founders, Fred Withum, who died Sept. 30, 2019 — a day before his 85th birthday.
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IRS urged to use data to uncover charity-related tax scams
By Michael Cohn      4 min read
The Internal Revenue Service could make better use of its data to ferret out abusive tax schemes involving charities and other tax-exempt groups, including syndicated conservation easements, according to a new report.
Read More
 
Distributed firms and virtual CFO services
By Ranica Arrowsmith
Jody Grunden of Summit CPAs describes how his firm found success in outsourced services with a virtual model.
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Art of Accounting: Uberize staff evaluations
By Edward Mendlowitz      2 min read
Uber passengers are asked to evaluate their ride as soon as they get out of the car, and the drivers are also asked to evaluate the riders immediately. This seems like it would be a good idea for accounting firms.
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Supreme Court lets New York taxes on part-time residents stand
By Greg Stohr      2 min read
The justices rejected two appeals including one filed by the founders of Edelman Shoe Inc.
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Trump wins reprieve in N.Y. demand for his financial records
By Christian Berthelsen and Bob Van Voris      2 min read
A federal appeals court delayed a federal judge’s ruling from taking effect that would have forced the president's accounting firm to hand the records to the Manhattan district attorney beginning Monday afternoon.
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Tax-focused IBD leans into legacy — but under a new name
By Tobias Salinger      5 min read
Blucora’s Avantax Wealth Management combines two firms that took competing approaches to serving tax professionals branching into wealth management.
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IRS sets new voluntary per-diem rates
By Jeff Stimpson      1 min read
A new notice explains which rates taxpayers should use as of Oct. 1.
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The future is here — is your firm ready?
Smart, competitive accounting firms make employee engagement and happiness a top priority. This is especially true as the industry faces changes in workplace dynamics. Take this quick quiz now to find out!
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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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REPORT
Taxation of cryptocurrencies in anticipation of the IRS’s call →
INFOGRAPHIC
Focus on teams drives engagement in the workplace →
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