The Internal Revenue Service cautioned electronic return originators about a new identity theft scheme aimed at holders of Electronic Filing Identification Numbers from fraudsters posing as IRS contractors.
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Upcoming Events
Daily Briefing
December 15, 2020
Upcoming Events December 15, 2020
Daily Briefing
IRS warns of new scam targeting e-filers
By Michael Cohn      1 min read
The Internal Revenue Service cautioned electronic return originators about a new identity theft scheme aimed at holders of Electronic Filing Identification Numbers from fraudsters posing as IRS contractors.
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Fraud on the rise amid coronavirus
By Michael Cohn      2 min read
Fraud is continuing to increase this year, in part due to the COVID-19 pandemic, according to a new survey by the Association of Certified Fraud Examiners.
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IRS cracks down on self-employed retirement deductions
By Michael Cohn      3 min read
The Internal Revenue Service is beefing up its controls to safeguard against improper self-employed retirement deductions, according to a new report.
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Qvinci debuts Advisory Portal to highlight key financials for clients
By Ranica Arrowsmith      1 min read
The new Advisory Portal highlights and summarizes key data from financial reports to make it more accessible to clients.
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IRS extends acceptance of digital signatures and emailed documents
By Michael Cohn      3 min read
The Internal Revenue Service is extending until June 30, 2021 the period in which it will accept digitally signed and emailed documents due to the COVID-19 pandemic.
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Art of Accounting: Writing a Christmas letter redux
By Edward Mendlowitz      3 min read
Holiday notes can be reassuring to staff and clients, foster transparency, and express and share hope and optimism.
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CIMA announces inaugural Excellence Award winners
By Sean McCabe      1 min read
The Chartered Institute of Management Accountants honored 111 global professionals who have made top contributions to accounting education and the Institute over the last year.
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Tips and tools for conducting prospect research
By Lee Frederiksen      4 min read
Researching new business prospects before picking up the phone or sending an email will help you determine whether they are a good fit for your accounting firm’s services.
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GRI calls for mandatory sustainability reporting
By Michael Cohn      3 min read
The Global Reporting Initiative is responding to a proposal from the IFRS Foundation to oversee sustainability standards alongside international accounting standards.
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Audit regulator who bought Wirecard shares faces scrutiny
By Karin Matussek, Birgit Jennen and Stephan Kahl      2 min read
The head of Germany’s accounting regulator faces scrutiny after telling a parliamentary committee that he traded Wirecard AG shares while his agency was reviewing the now bankrupt payment company’s external audits.
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Explore our free eBook on HR advisory trends impacting the profession.
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