Source Search Page
accountingtoday.com — 11+ hour, 43+ min ago
Digital transformation beat expectations, but profits lag
accountingtoday.com > news...Those are among the findings of a recent survey by KPMG of 400 technology executives in the U.S.... ...Barry Brunsman, principal of CIO advisory at KPMG, said investments in the latter might yield short-term benefits of increased efficiency and productivity... ...The Internal Revenue Service is giving people until 2026 to comply with a new requirement for Roth catch-up contributions....
accountingtoday.com — 10+ hour, 7+ min ago
Tax Fraud Blotter: Notable criminal histories
accountingtoday.com > news...John Crittenden, a professor of environmental engineering at the Georgia Institute of Technology and the former director of the Brook Byers Institute... ...for Sustainable Systems, has pleaded guilty to tax fraud for lying on his returns by overstating charitable deductions.... ...While employed at Georgia Tech and living in the United States, he partnered with a Chinese national, Duo Li, to operate several companies in China... ...Crittenden must resign from all positions of employment at the Georgia Institute of Technology and the Georgia Tech Research Institute, pay all taxes...
accountingtoday.com — 11+ hour, 25+ min ago
IRS moratorium on new ERC claims puts spotlight on preparers
accountingtoday.com > news...The Internal Revenue Service has stopped processing new claims for the Employee Retention Credit as it deals with a surge of dubious claims pushed... ...Daniel Werfel during a news conference last week.... ...," said Jen Rohen, a principal at CliftonLarsonAllen.... ...The Internal Revenue Service is giving people until 2026 to comply with a new requirement for Roth catch-up contributions....
accountingtoday.com — 12+ hour, 20+ min ago
Mendlowitz establishes scholarship at Baruch
accountingtoday.com > news...Family Scholarship at Baruch College.... ...According to Mendlowitz, the idea for the scholarship came to him while he was speaking to a class in March about Dr. Martin Luther King Jr.... ...Five tax giants received a shot across the bow from the Federal Trade Commission.... ...Deciding to establish a scholarship, he called Baruch and pledged $100,000 in scholarship funds for the Zicklin School of Business....
accountingtoday.com — 19+ hour ago
How to recruit the next generation of CPAs
accountingtoday.com > opinion...This decline, largely due to an aging generation and dwindling interest from younger generations, is exacerbated by the addition of 87,000 new IRS... ...Accounting was the third most in-demand degree among employers looking to hire new graduates in a winter 2023 survey by the National Association... ...of Colleges and Employers, behind finance and computer science....
accountingtoday.com — 17+ hour, 8+ min ago
The crucial role of document management in CA, CPA, and accounting firms
accountingtoday.com > opinion...Five tax giants received a shot across the bow from the Federal Trade Commission.... ...The service is establishing a group within its Large Business and International division to bolster tax compliance at large partnerships and's corps...
accountingtoday.com — 19+ hour ago
AI for accounting firm marketing: A SWOT analysis
accountingtoday.com > opinion...When ChatGPT launched its public model, marketing professionals and creatives debated its applications and ethics. ... ...As a brand strategist for professional services, I always do a SWOT analysis with new technologies so that I can make informed recommendations to... ...For solopreneurs and creatives, it's a great companion for sharing ideas and getting feedback.... ...However, much like auditors and tax professionals who employ automated processes, we still tailor AI-generated content to our clients....
accountingtoday.com — 1+ day ago
FTC warns prep companies about misusing customer data
accountingtoday.com > news...The five firms are H&R Block, Intuit, TaxAct, TaxSlayer and The Lampo Group LLC, d.b.a. Ramsey Solutions.... ...The Federal Trade Commission says five large tax preparation companies could face civil penalties if they use or disclose data collected for tax... ...Five tax giants received a shot across the bow from the Federal Trade Commission.... ...The service is establishing a group within its Large Business and International division to bolster tax compliance at large partnerships and's corps...
accountingtoday.com — 1+ day ago
IRS sets up unit to focus on tax compliance at pass-throughs
accountingtoday.com > news...The Internal Revenue Service said Wednesday it's establishing a new work unit within its Large Business and International division as part of a push... ...IRS Commissioner Danny Werfel said this month the IRS would be using artificial intelligence and data analytics to help the agency spot patterns... ...The IRS will be coordinating with the National Treasury Employees Union on the effort.... ...Five tax giants received a shot across the bow from the Federal Trade Commission....
accountingtoday.com — 1+ day ago
Revenue, partner income and profits keep growing at CPA firms
accountingtoday.com > news...past year, even as more firms resort to outsourcing to fill their talent shortages, according to the 25th anniversary edition of the venerable Rosenberg... ...Five tax giants received a shot across the bow from the Federal Trade Commission.... ..."While it's been another amazing year of growth for the profession, that growth has come at a price," said Charles Hylan, managing director of The...