SobelCo appoints first COO; Plante Moran adds 25 partners; and more CPA news.
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Daily Briefing
August 24, 2020
Upcoming Events August 24, 2020
Daily Briefing
People & firms on the move: KPMG names Houston office managing principal
By Danielle Lee
SobelCo appoints first COO; Plante Moran adds 25 partners; and more CPA news.
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Building entrepreneurial accountants and partners during coronavirus
By Ira Rosenbloom
To get started building your team of entrepreneurs, consider some “assembly instructions.”
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IRS will stop sending overdue notices until it catches up on mail backlog
By Michael Cohn      4 min read
The Internal Revenue Service agreed to quit warnings about unpaid taxes while it works through millions of pieces of unopened mail that have accumulated during the pandemic.
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For CPA firms building a sales and use tax practice, the time is now
By Mark Friedlich      5 min read
Most of the Top 100 CPA firms reportedly are showing significant increases in revenue in their SUT practices.
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Biden lays out vision in convention speech, including tax changes
By Michael Cohn      2 min read
The Democratic presidential nominee Joe Biden expressed optimism and hope about overcoming the economic crisis and other challenges during his acceptance speech at the virtual Democratic National Convention.
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IRS previews draft version of 1040 for next year
By Michael Cohn      3 min read
The Internal Revenue Service has released a draft version of the Form 1040 for tax year 2020 with several significant changes probably in store for next tax season.
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Clients disappointed with tax refunds, expect more from accountants
By Michael Cohn      2 min read
The vast majority would still recommend their preparer, however, according to a new survey.
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Game plan now for potential higher taxes
By Roger Russell      5 min read
It’s not too early to start thinking about post-election tax planning.
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Work-from-home tools to master: Video messaging
By Kyle Walters      5 min read
When it comes to working from home, people’s thoughts automatically turn to Zoom. But there’s another game-changing tool that’s rapidly gaining traction in the telework arena.
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The basics of a tax-free spin-off transaction
By James W. Standard, Jr.      5 min read
Section 355 of the Internal Revenue Code provides a powerful tool in corporate restructurings.
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