The IRS warned about bad advice that’s being peddled on social media promoting a bogus “Self Employment Tax Credit” and prompting unsuspecting taxpayers to file false claims for the credit.
Day: July 15, 2024
IRS crypto enforcement could get tougher
The Internal Revenue Service could be doing a better job of cracking down on tax noncompliance by users of virtual currency or digital assets, according to a new report.
Wolters Kluwer releases tax solution for multinationals
Wolters Kluwer announced CCH Tagetik Tax Provision & Reporting, a solution offering data collection and group tax provision calculations for multinationals.
A complex but tax-friendly approach to diversification
The combination of variable prepaid forwards with long and short equity positions outpaces the after-tax returns of a direct indexing strategy, a new study found.
FASB issues new chapter of Conceptual Framework
The new section is related to the measurement of items recognized in financial statements. It completes the board’s framework.
Art of Accounting: Strategy from Ron Baker
Ron Baker’s efforts to elevate practice management are innovative, insightful and venerable, and should be understood by everyone managing a practice or who wants to.