Reality TV stars Todd and Julie Chrisley indicted for tax evasion
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IRS axes estimated tax penalties for 400,000 taxpayers Unsubscribe  •  View in browser
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August 15, 2019
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IRS axes estimated tax penalties for 400,000 taxpayers
By Michael Cohn      4 min read
The Internal Revenue Service is automatically waiving the estimated tax penalty for hundreds of thousands of eligible taxpayers.
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Reality TV stars Todd and Julie Chrisley indicted for tax evasion
By Michael Cohn      4 min read
Todd and Julie Chrisley, the stars of the reality TV series “Chrisley Knows Best,” were indicted by a federal grand jury in Atlanta on charges of tax evasion, bank fraud, wire fraud and conspiracy, while their accountant Peter Tarantino was also indicted on tax-related charges Tuesday.
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Beyond the hype: How AI is being used by accountants today
By Khalid Al-Kofahi      5 min read
Few ideas in the last decade have provoked as much excitement — or as much misinformation — as the introduction of artificial intelligence in tax and accounting.
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‘Batman,’ Spielberg films land tax breaks to shoot in New Jersey
By Elise Young      1 min read
The state approved incentives for major films by two of Hollywood’s biggest studios.
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Sports Direct plunges as auditor leaves without a successor
By Eric Pfanner      2 min read
The U.K. retailer plunged after its audit quit without a replacement, heightening corporate governance concerns.
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In the blogs: Unresolved issues
By Jeff Stimpson      4 min read
Taxpayer defined; W-4 2.0; cryptocurrency and FBAR; and other highlights from our favorite tax bloggers.
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Senate committee reports on future of tax extenders
By Michael Cohn      4 min read
Leaders of the Senate Finance Committee issued three reports from their internal task forces examining what to do about expiring tax breaks.
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Accountants move into cryptocurrency
By Michael Cohn      4 min read
Firms are helping their clients keep track of Bitcoin and Ethereum assets and transactions, as well as the tax consequences, according to a new report.
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Could the next sin tax fall on red meat?
By Olivia Konotey-Ahulu      3 min read
Meat could be a target for higher taxes given criticism of the industry’s role in climate change, deforestation and animal cruelty, according to a report.
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Why is digital branding important?
By Lee Frederiksen      4 min read
As an accounting firm, you are only as good as people perceive you to be.
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