A roundup of the most important court cases, regulations and more in tax for the first six months of the year.
Category: NYT Accounting News
How real-time accounting drives a healthier financial future
Accounting is an industry wedded to traditional techniques, so leveraging new technology will require a cultural shift within the organization.
IRS debunks nonexistent Self Employment Tax Credit social media claims
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.
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.
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.
Why AI will kill accounting generalists
Both accounting firms and the businesses they serve will grab onto the automation wave or die.
FASB completes conceptual framework
The Financial Accounting Standards Board released a new chapter of its Conceptual Framework on the measurement of items recognized in financial statements, while also drawing that project to a close.
Aprio receives PE investment
The Atlanta-based Top 50 Firm secured funding from Boston-based Charlesbank Capital Partners.