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August 28, 2019

DAILY BRIEFING

RSM to pay $950,000 for violating auditor independence rules

By Michael Cohn 3 min read

The fifth largest accounting firm had problems with at least 15 audit clients.

Making the case for the 'strategic valued advisor'

By Daniel Hood 4 min read

ICPAS chief Todd Shapiro wants accountants to go beyond just being ‘most trusted.’

Deutsche Bank has tax returns sought by House Democrats

By Chris Dolmetsch 3 min read

The bank confirmed it possesses tax returns requested by U.S. lawmakers seeking financial information for President Trump and his family. Whose returns are those? That’s still a secret.

How much do accountants really earn?

By Bryce Welker 3 min read

The salary of a CPA is hard to beat, but the lucrative package doesn’t come cheap.

IRS adds more countries to information exchange lists

By Michael Cohn 1 min read

The former Soviet republic of Georgia is another jurisdiction where interest payments must be reported.

In the blogs: Ingot we trust

By Jeff Stimpson 3 min read

Fault in the age of e-filing; the latest scam; barks and breaks; and other highlights from our favorite tax bloggers.

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MSCPA announces 2019 'Women to Watch'

By Sean McCabe

The Massachusetts Society of CPAs honored four experienced and three emerging female leaders across the state.

IPSASB proposes new guidance on financial instruments in the public sector

By Michael Cohn 1 min read

The exposure draft offers standards for how governments can account for monetary gold and currency in circulation.

U.S. and France move toward possible accord on digital services tax

By Michael Cohn 5 min read

French President Emmanuel Macron and U.S. President Donald Trump may have reached a deal at the G-7 summit to avert tariff hikes that Trump had threatened against French wine.

IRS program to prevent personal data loss is delayed

By Michael Cohn 3 min read

Taxpayers’ personal information and tax account data remain at risk of being leaked from the Internal Revenue Service’s computer networks despite progress on a data loss prevention program, according to a new report.

RESOURCES

WEB SEMINAR

Inside the top QuickBooks apps

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