The IRS issued the final regulations identifying these abusive transactions and substantially similar ones as listed transactions that must be reported to the agency.
Finance leaders are increasingly being asked to devise plans that use new technologies to improve the bottom line. Recent survey results highlight the most common approaches leaders are taking.
College professors teach young adults, who require a different approach than children. Learn more in this Academic Update ...
The IRS said it was providing disaster relief for individuals and businesses in all or part of seven states. Also, the AICPA sent a letter to FinCEN seeking extensions for BOI and FBAR reports that ...
Alicia Antonetti-Tricker, a principal at Crowe LLP, remembers a time when she saw very few women in leadership roles in the accounting profession. Whether barriers were real or perceived, she said, ...
Public company audits can benefit from expert input, particularly in the rapidly changing world of cryptoassets. Also, the SEC, FASB, and FASAB issued regulatory updates.
CPA firms can protect themselves from falling victim to a wire fraud scheme by taking these actions before, during, and after payment processing.
My computer hits me with all sorts of notifications from Outlook, Teams, and my project management app. Sometimes I want to ignore everything, be heads down, and get work done. Windows 11 provides ...
Ben Richmond, managing director, North America, Xero, discusses the challenges and opportunities of e-commerce accounting.
The IRS could not require that the taxpayer prove, as opposed to represent, that it had enough assets to pay any imputed underpayment, based on the regulation’s plain text.