Firms on the move: UHY opens Long Island office | By Danielle Lee | AICPA announces 36 Leadership Academy grads and grants 25 fellowships to minority students; RKL and Baker Tilly named Best Places to Work in Pennsylvania; and more CPA news. | | IRS revises Form 1040 schedule to ask about virtual currency | By Michael Cohn 2 min read | The Internal Revenue Service has issued a second early draft version of the new Schedule 1 for next tax season’s Form 1040 to include a question up top about whether a taxpayer has sold, received, exchanged or acquired cryptocurrencies such as Bitcoin or Ethereum. | | Trump records must be given to the House, appeals court says | By Andrew Harris 4 min read | The president, under siege from House Democrats weighing impeachment, suffered a stinging blow as a federal appeals court upheld a subpoena ordering his accountants to provide Congress with his financial records. | |
China’s resistance to a U.S. investor audit safeguard riles Team Trump | By Ben Bain and Jenny Leonard 5 min read | Rising tensions between Washington and Beijing have prompted some White House officials to fixate on a provocative question with big implications for global markets: Why can Chinese companies sell shares in the U.S. when American regulators are barred from inspecting their books? | |
SPONSOR CONTENT | The Best Accounting Firms to Work For | This annual report on the best workplaces in the accounting profession includes benchmarking data, qualitative analysis of what makes a great accounting practice, and profiles of the top firms. | |
WEB SEMINAR | Inside the top QuickBooks apps | With millions of businesses using Intuit’s industry-leading accounting software, accountants want to make sure they’re up to date on the best third-party applications in the QB ecosystem, whether they're using desktop or QB Online. | |
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