The strengths of great firm leaders
Great leaders accept responsibility and look at the mistakes of others or their own as a teaching moment.
IRS plans to send 13.9M taxpayers extra interest on their tax refunds amid coronavirus
The Internal Revenue Service and the Treasury Department plan to send interest payments averaging $18 to approximately 13.9 million individual taxpayers who filed their 2019 federal income tax returns on time and are receiving tax refunds.
IRS plans to send 13.9M taxpayers extra interest on their tax refunds amid coronavirus
South Africa’s biggest cement maker PPC finds accounting errors
PPC Ltd., South Africa’s largest cement maker, plunged deeper into crisis after reporting accounting errors and delaying the release of full-year earnings for a second time.
South Africa’s biggest cement maker PPC finds accounting errors
AICPA Foundation grants 2020 high school scholarships
Ten high school students across the country will receive $2,000 each to continue their accounting studies into college.
Trump pledges tax credits, tariffs to redirect jobs from China
President Donald Trump said he’ll punish American companies that move jobs abroad and reward firms with tax breaks for shifting work from China to the U.S., proposals aimed at hastening the decoupling of the world’s largest economies.
Trump pledges tax credits, tariffs to redirect jobs from China
PwC ramps up child care benefits for virtual back-to-school
The Big Four firm says they wanted to recognize the challenges parents and caregivers are facing during the pandemic.
Last round of ITINs will expire this year
The IRS is warning about the next round of annual expirations.
Employers wait for guidance on payroll tax deferral
Delaying tax payments is one thing; forgiving them is another thing entirely.
The future of DAS
The AICPA’s Dynamic Audit Solution is on track to transform the field; Sue Coffey of the American Institute of CPAs and Erik Asgeirsson of CPA.com offer an update on this ambitious project.
GASB readies further standards under new chairman
The Governmental Accounting Standards Board is working on developing new standards for state and local governments to use under its new chair, Joel Black, while responding to the novel coronavirus pandemic.