IRS criminal investigation chief announces retirement; the Connecticut Society of CPAs and FEI install new boards of directors; and more CPA news. | | | Just released | | The latest issue of Accounting Today, featuring the annual VAR 100 ranking. Download here. | |
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| DHG to hold webinar on racial injustice → | | By Sean McCabe 1 min read | | The Top 20 Firm is inviting clients and the local community to a July 14 webinar centered on "addressing positive change and equality for all people." | |
| AICPA updates standard for audits of accounting estimates → | | By Michael Cohn 2 min read | | The American Institute of CPAs’ Auditing Standards Board released an updated standard for auditing accounting estimates and disclosures to deal with the increased volatility of the economy this year in the midst of the novel coronavirus pandemic. | |
| July 16 hearing set in N.Y. Trump tax case after Supreme Court ruling → | | By Bob Van Voris 2 min read | | Donald Trump will get a chance next week to try new arguments against Manhattan District Attorney Cyrus Vance’s subpoena of his tax returns and other financial records after the U.S. Supreme Court rejected the president’s claim of immunity in the matter. | |
| U.S. tariff threat isn’t swaying France on taxing tech giants → | | By Jenny Leonard, Saleha Mohsin and Alexander Weber 2 min read | | France held firm on its plans to resume collection of a national digital tax that hits technology giants including Amazon.com Inc., Alphabet Inc.’s Google and Facebook Inc., saying it wouldn’t be swayed by threats of U.S. sanctions. | |
| Trump scorns court on tax rulings while records stay private → | | By Justin Sink 4 min read | | Donald Trump scored a tactical victory from the Supreme Court that will likely keep his personal financial records out of public view through the November election, but he framed Thursday’s two rulings as a loss imposed by his enemies. | |
| Tax Fraud Blotter: Laundry day → | | By Jeff Stimpson 5 min read | | Sentence stayed; stealing on multiple levels; the loot you took; and other highlights of recent tax cases. | |
| WEB SEMINAR | | The ‘no touch’ tax return | | The reality of a ‘no touch’ tax return is closer than you think, and the technologies available today can help your firm and your clients get closer to that ideal. Learn More → | |
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