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January 10, 2022

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IRS updates info on Recovery Rebate Credit and pandemic response

By Michael Cohn       3 min read

The Internal Revenue Service has updated its guidance on claiming the Recovery Rebate Credit and issued a report Friday on how it responded last year to the COVID-19 pandemic. View story →

On the move: EisnerAmper names ESG director

By Danielle Lee      

Armanino elects a record 24 partners; Windes awards inaugural STEM scholarships at local university; and more CPA news.  View story →

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On the move: New board members at Grant Thornton →

Grant Thornton elects new members to its board; Virginia names its Women to Watch; and other firm and personnel news from across the country.

Nonprofits improving their operating reserves

By Michael Cohn       5 min read

Nonprofit organizations grew their operating reserves over the last year and experienced other positive changes, according to a new survey. View story →

Ted on Tech: Time for a home office update?

By Ted Needleman       6 min read

These new monitors, tablets and more can help raise your remote-work game. View story →

BDO USA names first U.S. golf ambassador

By Sean McCabe       2 min read

Six-time PGA Tour winner Billy Horschel will "connect sport and golf enthusiasts to the firm’s services and core purpose" through the new sponsorship. View story →

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Boomer's Blueprint: Checklists or questions — a key to increasing value

By L. Gary Boomer       4 min read

The first reduce risk, and the second inspire thinking; between them, they can transform your firm. View story →

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Employers added 199K jobs in December, including 3.4K in accounting

By Michael Cohn       2 min read

The unemployment rate fell from 4.2% to 3.9% in December as employers added 199,000 jobs, including 3,400 in accounting and bookkeeping services, the U.S. Bureau of Labor Statistics reported Friday. View story →

Confessions of an ex-partner

By Mark Holman       6 min read

Partners may not have a clear sense of how efficiently they and their teams are spending their time and often lack awareness of what other partners are doing, which can result in opportunity lost.  View story →

5 ways finance teams can elevate their businesses in 2022

By Naveen Singh       3 min read

It's a valuable time for businesses to reflect on the challenges of the last couple years and prepare for how the pandemic will continue to impact their businesses in the year ahead. View story →

Crypto firms brace for new tax-reporting rules to IRS

By Allyson Versprille       1 min read

The Biden administration is poised to specify which cryptocurrency firms will be forced to report reams of customer data to the Internal Revenue Service, said people familiar with the matter.  View story →

Tax Fraud Blotter: Jail time 4You

By Jeff Stimpson       6 min read

Seven digits short; Miami vice; nice going, Ace; and other highlights of recent tax cases. Read story →

Florida CPAs advocate for profession with lawmakers

By Michael Cohn       2 min read

FICPA held its second annual Virtual Advocacy Day on Thursday, with members meeting online with lawmakers. Read story →

IMA offers remote testing for exams

By Michael Cohn       2 min read

The institute is allowing candidates for its Certified Management Accountant and Certified in Strategy and Competitive Analysis exams to take them remotely. Read story →

Tax pros should prepare for ‘grueling’ year: NATP

By Jeff Stimpson       1 min read

Complex taxes, IRS backlog, and more taxpayers seeking professional help will lead to a tough season. Read story →

M&A roundup: UHY, Wheeler and CCGCPAS expand

By Michael Cohn      

UHY adds LWBJ and TGM Group; Wheeler Accountants merges in Just, Gurr & Associates; and Capital Care Group Certified Public Accountants combines with Wallace & Associates. Read story →

RESOURCES

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Tax season kickoff

Thursday, January 13, 2022 2:00 PM EST

A roundup of the top issues facing tax pros in the race to April 15, from the latest in tax laws and regs, to staffing issues, new technologies, and more. Learn More →

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