Data shows a shift from building marketing departments to building marketing capabilities.
Category: NYT Accounting News
IRS warns of tribal tax credit scams
The Internal Revenue Service issued a warning about promoters selling fraudulent “Tribal Tax Credits” that don’t actually exist under federal law.
IRS cybersecurity judged ineffective
The IRS needs to take further steps to improve its security program deficiencies, according to a new report.
Tech News: Infinite Ties rolls out bevvy of new content for CAS development
Plus, FloQast launches governed workflow agents, AI journal review; CPA Crossings launches AI-enhanced CPE management; and other accounting tech news.
The case for the enrolled agent in advisory services
If your firm is struggling to staff an advisory practice, it’s worth asking whether an EA could be the ideal candidate you’re overlooking.
On the move: Louis Plung names first CGO
Plus, Citrin Cooperman launches transfer pricing practice; KNAV debuts enterprise GRC platform; and other firm and personnel news.
Tax pros push for passage of Taxpayer Assistance and Service Act
The National Association of Tax Professionals is asking Senate Finance Committee leaders to prod their colleagues to take up the wide-ranging legislation.
IRS faces obstacles on electronic payments
The Internal Revenue Service is making progress on its efforts to move all taxpayers toward electronic payments, but still faces barriers.
Pentagon to start using U.S. GAAP instead of cost accounting
The Defense Department plans to shift from its traditional use of cost accounting to the more widely prevalent U.S. GAAP to make it easier to do business with companies.
When filing overdue tax returns requires criminal defense, not just an accountant
If the non-filing was innocent, the strategy may be civil. If it was willful, the strategy may need to begin with criminal tax counsel.