The pandemic is throwing a monkey wrench into plans for the Internal Revenue Service to reorganize itself to provide better taxpayer service. | Coronavirus delays IRS reorganization → | | By Michael Cohn 3 min read | | The pandemic is throwing a monkey wrench into plans for the Internal Revenue Service to reorganize itself to provide better taxpayer service. | |
| PwC acquires EagleDream Technologies → | | By Michael Cohn 2 min read | | The Big Four firm has agreed to acquire the assets of a digital transformation company that's part of the Amazon Web Services Partner Network. | |
| Get ready for the next merger wave in accounting → | | By Ira Rosenbloom 3 min read | | Between the pandemic, aging CPA firm owners and staffing tensions, many in the accounting profession anticipate a huge uptick in firm mergers and acquisitions over the next 24 months. | |
| Businesses reassess leases and accounting amid coronavirus → | | By Michael Cohn 2 min read | | Nearly one-third of companies are reducing their overall real estate footprint as a result of the COVID-19 pandemic, with 31 percent of companies renegotiating leases for more favorable terms, according to a new report. | |
| $7.2M in SBA coronavirus aid went to family’s fake farms → | | By Polly Mosendz, Zachary Mider and Jeff Green 5 min read | | The single-family house on Forestview Avenue in Euclid, Ohio, a suburb of Cleveland, shows no signs of farming activity. The only things growing on the one-eighth-acre plot are trees, shrubs and grass. | |
| WEB SEMINAR | | Successful tips to get ready for tax season and maximize performance | | Join this complimentary one-hour CPE-accredited webinar to learn what you can do over the final weeks of 2020 to get ready for 2021. We’ll cover some steps you can take to automate your tax prep processes and get ready for what will surely be yet another hectic and compressed tax season, especially in light of the various COVID-19-related situations your practice might be dealing with. Learn More → | |
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