CPAs are in a great position to benefit from a heightened need for certainty in the future, says the AICPA’s Barry Melancon. Bill.com goes public | By Ranica Arrowsmith 2 min read | Bill.com founder and CEO René Lacerte and a team of staff rang the opening bell on the New York Stock Exchange this morning, as Bill.com went public trading under the ticker symbol BILL. | | Tax Fraud Blotter: Bad penny | By Jeff Stimpson 6 min read | CPAs gone wrong; on the waterfront; trooper tricks; and other highlights of recent tax cases. | |
HSBC agrees to pay $192M to resolve U.S. tax probe | By David Voreacos and Jonathan Levin 4 min read | The bank admitted that it helped hundreds of American clients hide more than $1 billion in assets from the Internal Revenue Service and agreed to pay $192.4 million to resolve a decade-long U.S. tax investigation. | | |