Senate runoffs complicate year-end tax planning

The outcomes of two elections in Georgia that are scheduled for Jan. 5 are expected to determine the balance of power in the Senate and may also have an impact on the kind of tax planning that accountants should be advising their clients to do.

Senate runoffs complicate year-end tax planning


Tax Fraud Blotter: Sticky situations

Island girls; five-year mission; nurse malpractitioner; and other highlights of recent tax cases.

Tax Fraud Blotter: Sticky situations


Helping Gen X stand the strain

UHY tax principal Thérèse Wolfe says Generation X is sandwiched between the needs of their aging parents and those of their college-debt burdened children — and they need help to handle the financial burdens.

Helping Gen X stand the strain


Axway offers Sovos tax software with enterprise e-invoicing services

Amplify plus Sovos creates a solution for business users to manage all their global invoice compliance tasks.

Axway offers Sovos tax software with enterprise e-invoicing services


House Democrats call for IRS funding to pursue wealthy tax evaders

A group of 25 Democrats in the House wrote to congressional leaders asking them to provide $12.1 billion in funding for the Internal Revenue Service, including $5.2 billion for enforcement, with an eye toward cracking down on high-income tax cheats.

House Democrats call for IRS funding to pursue wealthy tax evaders


Art of Accounting: Reducing tax season workload compression

Workload compression is a ubiquitous drain on our energies. It appears that staff tax season hours still increase every year.

Art of Accounting: Reducing tax season workload compression


IASB plans possible new M&A standards

The International Accounting Standards Board began a consultation process in preparation for possible changes in the accounting standards for mergers and acquisitions.

IASB plans possible new M&A standards


Former AAA president James Don Edwards dead at 94

The emeritus professor of accounting at the University of Georgia, a member of the Accounting Hall of Fame, died Nov. 21 in Athens, Georgia.

Former AAA president James Don Edwards dead at 94


Deutsche Bank accounting head probed over EY Wirecard audit

Deutsche Bank AG’s top accounting executive, Andreas Loetscher, is being investigated over his role as the auditor of Wirecard AG while he was with his former firm, Ernst & Young, two people familiar with the matter said.

Deutsche Bank accounting head probed over EY Wirecard audit


House will vote on bill restricting Chinese firms listed in U.S.

The House is set to vote on bipartisan legislation that would impose restrictions on Chinese companies listed on U.S. exchanges, including requiring certification that they’re not under control of a foreign government.

House will vote on bill restricting Chinese firms listed in U.S.