DAILY BRIEFING

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January 4, 2022

Prepared for Voornaam

Getting ready for the 2022 tax season

By Antoinette Alexander       11 min read

Tax pros are keeping their fingers and toes crossed for a normal filing season. View story →

Tax Strategy: The taxation of NFTs

By Mark A. Luscombe       5 min read

Like their cryptocurrency cousins, non-fungible tokens are generating market interest, and tax confusion. View story →

RELATED

In the blogs: Too much money →

The biz climate in all 50; extend them not; when partners won’t commit; and other highlights from our favorite tax bloggers.

IRS starts requiring e-filing of Form 1024

By Michael Cohn       2 min read

The service has revised Form 1024 to permit electronic filing and is beginning to require applications for tax-exempt status to be e-filed. View story →

Brace yourselves for 2022

By Daniel Hood      

Industry expert Allan Koltin shares his expectations for the next 12 months in accounting. View story →

Art of Accounting: 8-step review of your client services and pricing

By Edward Mendlowitz      

Take some steps in the New Year to improve your firm. View story →

SPONSOR CONTENT

[Webinar] It Takes Two to Fintech: The Growing Need for CFO and CIO Collaboration in Digital Transformation

Kick off 2022 with this webinar on Tuesday January 11th at 1pm ET as we discuss how CFOs are successfully engaging the office of the CIO to streamline AR. Save your seat! →

IRS cyber vulnerability scanning needs fixing

By Michael Cohn       3 min read

The Internal Revenue Service should improve the way it scans for cybersecurity vulnerabilities and remediates the ones it finds, according to a new report. View story →

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Timing of auditor firings raises questions

By Michael Cohn       3 min read

When companies suddenly replace their auditing firms, the required SEC disclosures are often vague and may be a signal of a forthcoming restatement, but timing is a crucial factor. View story →

CAQ and American Accounting Association revamp research partnership

By Michael Cohn       2 min read

The Center for Audit Quality and the American Accounting Association are making changes to their Access to Audit Personnel research partnership program. View story →

Democrats search for path forward on Biden’s agenda

By Erik Wasson and Laura Davison       5 min read

Senate Majority Leader Schumer is vowing to bring a revised version of the $2 trillion tax, climate and spending package to a vote as soon as this month. View story →

Ivanka, Don Jr. subpoenaed in asset probe

By Erik Larson       2 min read

The two have been subpoenaed by New York authorities probing whether their father's real-estate business manipulated the value of key assets. View story →

On the move: Grassi hires tax partner

By Danielle Lee      

Anchin promotes 11 and Brown Schultz Sheridan & Fritz adds a principal.  Read story →

Tax Fraud Blotter: Form and dysfunction

By Jeff Stimpson       6 min read

Keep it in the black; employment shuffle; distrust; and other highlights of recent tax cases. Read story →

Corporate tax execs expecting big changes next year

By Michael Cohn       3 min read

Chief tax officers are anticipating major developments in 2022 when it comes to global taxes, M&A, technology, talent and more, according to a poll from KPMG. Read story →

CFOs plan to pay a lot more for workers in 2022

By Michael Cohn       2 min read

CFOs at major companies are expecting to pay far more money for talent next year, according to a recent survey from Deloitte. Read story →

Bookkeep aims to improve accounting for gig companies

By Michael Cohn       5 min read

Bookkeep CEO Jason Richelson wants to solve the problems he is seeing at businesses that work with gig economy delivery services. Read story →

RESOURCES

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Tuesday, January 4, 2022 2:00 PM EST

The audit tools many firms rely on today are inefficient and often lead to common missteps found in peer review.  Learn More →

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Five ways a PBC solution simplifies and streamlines busy season

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Four best practices for the new employee onboarding process

Firms need new employees to get up and running quickly. Here’s how to build an excellent process for employee onboarding. Download Now →

SPONSOR CONTENT FROM Right Networks

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