DAILY BRIEFING

View in browser

December 30, 2021

Prepared for Voornaam

IRS makes strides in helping non-English speakers

By Michael Cohn       4 min read

The service has been stepping up its efforts to provide tax information and resources to underserved communities, but more work is needed, according to a new report. View story →

A simple method to boost your revenue this tax season

By Marc Howard       5 min read

How do you go from the once-a-year tax preparation client to the coveted evergreen recurring revenue relationship? View story →

RELATED

Art of Accounting: A 12-month practice management and growth calendar →

Art of Accounting: 12-month practice management and growth calendar

Tax incentives for energy-efficient buildings would grow if BBB passes

By Imran Syed, Karen Koch       8 min read

Section 179D can help your commercial real estate clients reduce taxable income and increase cash flow significantly. View story →

Auditors expecting to continue working remotely

By Michael Cohn       2 min read

Internal auditors have been forced by COVID-19 to work remotely in large part over the past two years, and that pattern is likely to continue next year. View story →

IMA outlines entry-level skills for accountants

By Michael Cohn       2 min read

The institute released a report describing the essential competencies it sees as necessary for all entry-level accountants. View story →

SPONSOR CONTENT

Trends and Technologies Shaping the Future of Tax and Accounting

Get the latest news, trends and resources on the tax solutions of the future Learn more →

SASB continues to add projects despite mergers

By Michael Cohn       3 min read

The board decided to initiate two new projects this month, even though it’s being absorbed into a new International Sustainability Standards Board by next June. View story →

Follow Accounting Today in real time. More ways to get the most trusted industry news and analysis.

Twitter

Facebook

LinkedIn

LiveFlow raises $3.5M in seed funding

By Michael Cohn       2 min read

The technology startup announced an initial round of financing to build a management hub to automate financial reporting. View story →

Sensiba San Filippo merges in SGA

By Michael Cohn       2 min read

The Regional Leader in the West is adding a firm in Bend, Oregon. View story →

In the blogs: Too much money

By Jeff Stimpson       3 min read

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

The craziest expenses of 2021

By Michael Cohn      

In the face of the Great Resignation, companies are going to great lengths to keep employees — including approving these truly outlands expense claims. View story →

IRS lagged on resolving employee misconduct cases

By Michael Cohn       3 min read

The Internal Revenue Service sometimes took years to resolve cases involving employee misconduct, instead of the required six months, according to a new report. Read story →

Which states are the worst for fraud?

By Michael Cohn       2 min read

Nevada led the way among the states in having the highest rate of business fraud, according to new research, but it wasn’t alone in having high rates of fraud. Read story →

IIA and ACCA renew pact

By Michael Cohn       2 min read

The Institute of Internal Auditors and the Association of Chartered Certified Accountants have signed a three-year renewal of their existing agreement. Read story →

Find your client’s key lime pie

By Kyle Walters       5 min read

Going above and beyond keeps clients happy. Read story →

The infrastructure bill could be a game changer for cryptocurrency

By Elizabeth Beastrom       4 min read

Crypto has led to a host of tax complexities, and federal regulators have their sights set on reining in the “Wild West era.” Read story →

RESOURCES

WEB SEMINAR

Transform your firm using a new model for auditing

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 →

SPONSOR CONTENT FROM WOLTERS KLUWER

WEB SEMINAR

Recruiting and retention in 2022

Wednesday, January 19, 2022 2:00 PM EST

Long before the rest of the economy faced the Great Resignation, the accounting profession found itself in a massive war for talent, struggling to find and keep staff. Learn More →

SPONSORED BY Paychex

REPORT

Understanding what your business needs: A complete guide to ERP Modules

Learn what ERP modules you need and how they can help your small business build a competitive advantage while you grow. Learn More →

SPONSOR CONTENT FROM Oracle NetSuite

More resources →