Accounting
Tax Fraud Blotter: Big adjustments
Expensive and exotic; a piece of the rock; CRAT's all, folks; and other highlights of recent tax cases.Williamstown, New Jersey:...
Talking to clients about the banking crisis
When any variety of financial trouble hits, people often turn quickly to their accountant. The recent banking crisis is no...
FASB expands conceptual framework with reporting entity info
The Financial Accounting Standards Board released a new chapter Thursday of its Conceptual Framework describing a reporting entity. The new chapter...
Pennsylvania CPAs try out work-and-learn model for young accountants
The Pennsylvania Institute of CPAs is teaming up with universities, accounting firms and other associations to design and launch work-and-learn...
Congress introduces bills on Child Tax Credit, disasters, health reporting, standard tax deduction
Lawmakers are proposing legislation to revive monthly payments of the Child Tax Credit, as well as provide relief for taxpayers...
IRS won’t penalize big corporations that didn’t pay estimated AMT
The Internal Revenue Service and the Treasury Department are providing penalty relief to billion-dollar corporations that haven't paid estimated taxes...
Crypto scams five times as costly as other cybercrimes says study
Cryptocurrency-centered scams are especially harmful compared to other Internet crimes, with victims losing about five times more money. This is...
All Tesla Model 3 vehicles now eligible for full $7,500 tax credit
All of Tesla Inc.'s Model 3 sedans are now eligible for the full U.S. tax credit under new criteria for...
In the blogs: Nasty ‘assty
The clawback; in acquisitions, like likes like; marketing for preparers; and other highlights from our favorite tax bloggers.Nasty 'asstyInstitute on...
SCOTUS rules in favor of 94-year-old in property tax case
The Supreme Court issued a unanimous ruling in favor of a 94-year old Minnesota woman whose condominium was seized by...
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