Global Reporting Initiative CEO Eelco van der Enden plans to step down at the end of the year when his three-year contract concludes.
Category: NYT Accounting News
Tax Fraud Blotter: All the trimmings
Card shark; the roof falls in; a dynamic duo; and other highlights of recent tax cases.
IRS will resume paying ERC claims — slowly
The Internal Revenue Service plans to begin slowly paying some of its older claims for the fraud-plagued Employee Retention Credit this summer but is not lifting its moratorium.
CLA Global CEO plans further expansion
Paul English plans to further extend the accounting and advisory firm network to more countries.
Supreme Court upholds US tax on foreign business income
The U.S. Supreme Court upheld a 2017 tax on American-owned businesses’ foreign profits, rejecting an appeal that could have saved companies hundreds of billions of dollars.
Burnout epidemic, a wake-up call for the accounting profession
We’ve been talking about the burnout crisis for decades, but the talk needs to turn into action.
Private equity in M&A looking at revenues, but not just any revenues
A panelist during the Scaling New Heights conference in Orlando said that private equity firms are looking for firms with good revenue, but numbers alone don’t tell the whole story.
Founder Files: Going deeper, not wider
Patrick Camuso’s firm, Camuso CPA, specializes in digital asset investors and Web3 companies.
Biden budget proposal resurrects business tax rate debate
This year’s Greenbook proposals some greatest hits, including a higher corporate minimum tax.
Balancing crypto’s volatility with fair value accounting principles
The unpredictable nature of digital assets stands out as both a defining characteristic and a significant challenge for investors and accounting professionals alike.