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In the blogs: Watchful eyes

November 1, 2023
in Accounting
Reading Time: 2 mins read
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In the blogs: Watchful eyes
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Automation pitfalls; partners in meetings; offering financial planning; and other highlights from our favorite tax bloggers.

Watchful eyes

  • Armanino (https://www.armanino.com/articles/): The Securities and Exchange Commission’s watchful eye over cybersecurity issues became much more focused in July 2023 when it finalized new cybersecurity disclosure mandates. The rules, which went into effect Sept. 5, are more rigorous and include specific requirements for registrants for fiscal years that end on or after Dec.15. Six ways to comply.
  • HBK (https://hbkcpa.com/insights/): Abruptly changed invoices, gift cards and redirected payments are all tools in the growing crime of “business email compromise.”
  • AICPA Insights (https://www.aicpa-cima.com/blog): Cybercrooks relish small companies (and firms) and their sometimes B-grade firewalls. Ask the right questions about your cybersecurity, types of cyberattacks, insurance coverage limits — and what happens if you don’t follow the policy.
  • Wolters Kluwer (https://www.wolterskluwer.com/en/solutions/tax-accounting-us/industry-news): Aided by artificial intelligence and Inflation Reduction Act funding, the IRS takes aim at partnerships. What to expect and how to prepare.
  • University of Illinois Tax School (https://taxschool.illinois.edu/blog/): A look at the new feature of IRS Tax Pro accounts to better manage authorizations.
  • Vertex (https://www.vertexinc.com/resources/resource-library/filter/field_asset_type/blog?page=0): Cloud technology can help indirect tax groups respond to business model changes, smooth ecommerce, improve customer experiences and field tax compliance. Which all means that tax teams must make sure that tax technology cloud migrations are built into larger ERP migrations and finance transformation. 
  • TaxConnex (https://www.taxconnex.com/blog-): Automation, especially for something as complex as sales tax, works great. Until it doesn’t.
  • Solutions For CPA Firm Leaders (https://ritakeller.com/wordpress/): Most meetings aren’t really necessary. Neither is the presence, necessarily, of all partners in a meeting.

Incoming

Unfairness of things

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