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January 25, 2022

Prepared for Voornaam

IRS kicks off challenging tax season

By Michael Cohn       5 min read

The service faces a backlog of millions of unprocessed tax returns, and warned taxpayers and preparers to be patient. View story →

Tech News: A new kind of spreadsheet, and more

By Daniel Hood      

SeaTable reinvents a staple of the profession; Vertex goes to the Edge; and other new technology tools, reports and news. View story →

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Is there a silver lining to the Great Resignation?

By Alan Anderson, Corey Schmidt, Tyler Anderson      

These five steps can help audit firms make the most of the current staffing shortage. View story →

A tax prep revolution?

By Daniel Hood      

Mark Steber of Jackson Hewitt discusses the tax prep chain's flat-fee offering, what tax season's going to look like, and the future of tax prep. View story →

Expensify launches corporate card for CPAs

By Daniel Hood       1 min read

The smart card is the first ever aimed specifically at the accounting profession. View story →

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Art of Accounting: Get started with a strategic plan

By Edward Mendlowitz       2 min read

Growth can come without the plan, but that is settling for less than you might be capable of or destined for.  View story →

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VSCPA expands mental health offerings for members

By Sean McCabe       1 min read

The Virginia Society of CPAs is offering local professionals additional self-care resources ahead of a third pandemic-related tax season. View story →

Biden administration relaunches Child Tax Credit website

By Michael Cohn       2 min read

The Treasury Department and the White House relaunched a revamped version of the ChildTaxCredit.gov site to coincide with the start of tax season, adding new features to help with filing taxes and accessing the full amount of unpaid credits. View story →

Schellman acquires Scott Perry CPA firm

By Michael Cohn       3 min read

Schellman & Co., a Top 100 Firm based in Tampa, Florida, is expanding its cryptocurrency audit services by acquiring the firm of Scott S. Perry, CPA PLLC, based in Bellevue, Washington. View story →

‘Perfect storm’ tax season signals refunds will be later, smaller

By Laura Davison and David Hood       5 min read

Families claiming the Child Tax Credit and newly self-employed Americans are among filers likely to see the biggest challenges this year. View story →

Billionaire asks judge to lift $1.4B tax levy

By David Voreacos and Neil Weinberg       2 min read

Robert Brockman, who is charged with the largest criminal tax-evasion case by an individual in the U.S., asked a judge to lift an IRS 'jeopardy assessment.' Read story →

MicroStrategy plummets as SEC rejects its Bitcoin accounting

By Nicola M. White       3 min read

The company can’t strip out the cryptocurrency's wild swings from the unofficial accounting measures it touts to investors, the commission said. Read story →

The IRS is looking for a few good lawyers

By Jeff Stimpson       2 min read

It wants more than 200 attorneys, in fact, to help it fight illegal tax schemes. Read story →

A tax prep revolution?

Mark Steber, chief tax information officer of Jackson Hewitt, discusses the tax prep chain's flat-fee offering, what tax season's going to look like, and the future of tax prep. Read story →

Keeping up with the evolving role of the CFO

By Dan Drees       4 min read

Digital transformation is a key initiative for many chief financial officers. Read story →

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Thursday, April 21, 2022 2:00 PM EDT

From being the most staid of the accounting profession’s core trio of services, audit looks likely to experience an enormous amount of change over the next decade, in everything from the methodology and tools being used and the skills needed, to the actual areas being audited.  Learn More →

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Looking ahead: Business planning for accountants

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