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Month: July 2020

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Tax Fraud Blotter: Laundry day

July 9, 2020

Source: Accounting Today: IRS Watch Sentence stayed; stealing on multiple levels; the loot you took; and other highlights of […]

General 2016

IRS issues final rules on FDII and GILTI deductions

July 9, 2020

Source: Accounting Today: IRS Watch The Internal Revenue Service has released final regulations on deductions for two of the […]

General 2016

AICPA modernizes audit evidence standard for technology use

July 9, 2020

Source: Accounting Today: IRS Watch The American Institute of CPAs’ Auditing Standards Board has released a new standard for […]

General 2016

PPP forgiveness promises ‘a busy fall’ for accountants

July 9, 2020

Source: Accounting Today: IRS Watch Meanwhile, the AICPA is working to come up with a uniform approach for the […]

General 2016

Meet the 1099-NEC

July 9, 2020

Source: Accounting Today: IRS Watch Box 7 on the 1099-MISC is moving to its own form in January 2021, […]

General 2016

Under stress, accountants seek new tech to get through the pandemic

July 9, 2020

Source: Accounting Today: IRS Watch 2020 is testing the profession’s resiliency like nothing has before, and accountants are losing […]

General 2016

IRS to start collecting overdue tax payments as AICPA urges continued relief

July 8, 2020

Source: Accounting Today: IRS Watch The service reminded taxpayers they will need to resume paying their taxes on July […]

General 2016

ACCA and PrimeGlobal sign pact

July 8, 2020

Source: Accounting Today: IRS Watch The Association of Chartered Certified Accountants and the PrimeGlobal association of accounting firms have […]

General 2016

IIA, IFAC urge audit committees to address coronavirus risks

July 8, 2020

Source: Accounting Today: IRS Watch The Institute of Internal Auditors and the International Federation of Accountants are calling on […]

General 2016

Coronavirus and Wayfair at 2: The perfect storm for online retailers

July 8, 2020

Source: Accounting Today: IRS Watch The explosion in e-commerce since early March has resulted in a significant increase in […]

General 2016

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