Accounting
In the blogs: Interesting questions
1099s every quarter; latest tax lawmaking; a crypto outlook for 2024; and other highlights from our favorite tax bloggers.Interesting questionsWhere...
RSM sees global revenue grow 16% to $9.4B
RSM International reported global revenue Tuesday of $9.4 billion for calendar year 2023 across the firms in its network, up...
Curtailing the ERC to pay for taxpayer benefits
The Tax Relief for American Families and Workers Act of 2024, H.R. 7024, was approved by the House Ways and...
FAF revamps FASB website | Accounting Today
The Financial Accounting Foundation has overhauled the website for the Financial Accounting Standards Board, with new websites in the works...
Enhance the power and possibility of generative AI in AR and AP
More than a year after OpenAI's release of ChatGPT, the topic of artificial intelligence continues to be ubiquitous and its...
IRS redesigns tax notices to simplify them
The Internal Revenue Service unveiled a Simple Notice initiative Tuesday to review, redesign and deploy hundreds of its notices, starting...
IRS warns: Enrolled agents face end-of-month renewal deadline
The IRS is warning that the 2024 renewal application period for some Enrolled Agents ends Jan. 31.Per U.S. Treasury Department Circular...
FTC order forbids marketing materials that call TurboTax “free”
The Federal Trade Commission issued an order against Intuit prohibiting it from describing its TurboTax product as "free." The order...
M&A watch: MahoneySabol and Wagner expand
Courtesy of MahoneySabol MahoneySabol & Company LLP, a regional firm based in Glastonbury, Connecticut, has merged with Giamalis and Company,...
IRS adds crypto question to more tax forms
The Internal Revenue Service has revised the question it has asked in recent years about income from digital assets such...
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