Practitioners share their expectations around the potential for more action from tax authorities.
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Daily Briefing
November 18, 2020
Upcoming Events November 18, 2020
Daily Briefing
Will tax audits, enforcement increase to make up for pandemic shortfalls?
By Jeff Stimpson      4 min read
Practitioners share their expectations around the potential for more action from tax authorities.
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SEC plan could delist Chinese companies over auditing rules
By Robert Schmidt and Ben Bain      4 min read
At issue is China's refusal to let inspectors from the PCAOB review audits of some Chinese businesses.
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FAF names two board members to FASB
By Daniel Hood      2 min read
The foundation also appointed five new trustees.
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A focus on advisory services gave firms a leg up during pandemic
By Daniel Hood      4 min read
Accountants and tax pros have been crucial to helping small businesses get through COVID-19 so far, said Thomson Reuters' Charlotte Rushton.
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2020 Year-End Planning – Tax moves to make now
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More audits of the rich's tax returns could yield trillions
By Natasha Sarin      3 min read
But the IRS would need more resources, writes Natasha Sarin, an assistant professor of law at UPenn.
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IRS to resume house visits to suspected tax cheats
By Laura Davison      2 min read
The service is working to identify 9 million individuals who haven't filed a return.
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States want sales taxes in real time
By Roger Russell      4 min read
A Massachusetts plan would make remittances automatic and immediate.
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In the blogs: Future shocks
By Jeff Stimpson      2 min read
Biden and Trump tariffs; e-commerce and the holiday season; afterlife; and other highlights from our favorite tax bloggers.
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GASB proposes new implementation guidance on leases and more
By Daniel Hood      1 min read
The exposure draft covers leases, fiduciary activities and other topics.
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Sales Tax Institute names 2020 Sales Tax Nerd
By Daniel Hood      2 min read
The award recognizes a tax professional who is passionate about the field.
Read More
SPONSOR CONTENT
The cost of a cyber-attack isn’t (only) financial.
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RESOURCES
WEB SEMINAR
The digitally connected prep, comp, review and audit experience
With the level of disruption to the business landscape this year, many CPA firms had to move quickly to enact more digital and virtual processes throughout their environment.
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Successful tips to get ready for tax season and maximize performance →
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