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September 6, 2019

DAILY BRIEFING

Tax Fraud Blotter: Fun in the sun

By Jeff Stimpson 5 min read

Fast, Quick and jailed; Complete fraud; eight figures off the books; and other highlights of recent tax cases.

Top executives don’t recognize value of payroll

By Michael Cohn 2 min read

The majority of payroll professionals don’t think C-suite leadership recognizes the strategic value the payroll function can deliver to an organization, according to a new survey.

CPA business execs hold gloomier view of economy

By Michael Cohn 3 min read

Trade wars and fears of a global economic slowdown are shaking optimism.

FASAB proposes clarification on loss allowance for intragovernmental receivables

By Michael Cohn 1 min read

The Federal Accounting Standards Advisory Board staff released an exposure draft of a technical bulletin that would clarify the existing standards for loss allowances.

IRS may be overlooking billions of dollars worth of false claims for carryforwards

By Michael Cohn 2 min read

The Internal Revenue Service isn’t doing enough to address billions of dollars worth of potentially erroneous carryforward tax credits and deductions claimed by businesses, according to a new report.

Does your client need foreign qualification to conduct business in another state?

By Nellie Akalp 3 min read

If you have clients who want to do business in another state or multiple states, they may need to file for "foreign qualification."

FASB proposes guidance on LIBOR transition

By Michael Cohn 2 min read

Banks are making the transition from the London Interbank Offered Rate to new reference rates for short-term loans.

Ernst & Young sees global revenue rise to $36.4B

By Michael Cohn 3 min read

The Big 4 firm reported a record level of revenue across its international network of firms.

Private sector added 195,000 jobs in August, says ADP

By Michael Cohn 2 min read

Payrolls are increasing, despite some worrying signs of an economic downturn ahead.

Biller Genie releases integration for AccountingSuite

By Ranica Arrowsmith 1 min read

Biller Genie, which makes an accounts receivable software-as-a-service product, now integrates its software with cloud-based accounting platform AccountingSuite.

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.

Learn More

WEB SEMINAR

3 tips for audit teams to work smarter, faster and for less →

WHITEPAPER

Reaching beyond the limitations of QuickBooks →

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