Accounting may be the language of business, but it’s not the language of most business owners.
Category: NYT Accounting News
Capital cost recovery and depreciation vary across countries
There’s little consistency in how businesses across different countries can deduct their capital investments as depreciation, according to a new study.
Clients value human relationships over AI efficiencies
Anxious accountants can take a breath, as data shows human clients do not crave a 100% AI-led experience. Most would prefer AI not be involved at all.
Wind and solar projects get court reprieve on tax credits
Tax professionals can help companies with wind and solar projects after a recent court decision, as well as energy-efficient commercial building improvements.
Compliance built this profession, but advisory is what clients need
Compliance is necessary, but it has never been the thing that actually changes a client’s trajectory.
FinCEN warns of fraud schemes tied to student aid
The Treasury’s Financial Crimes Enforcement Network issued an alert about fraud schemes targeting student aid programs administered by the federal government.
IRS gives some FIFA groups a pass
Only days after the World Cup Final, the IRS released a revenue procedure allowing tax-exempt foreign members of FIFA to avoid filing a Form 990.
Tax Fraud Blotter: Took the internet by storm
That’s entertainment; false, fictitious and fraudulent; dismantled conspiracy; and other highlights of recent tax cases.
Doeren Mayhew expands Houston footprint
The Top 50 Firm acquired Houston-based Sowers & Co., expanding its local tax and outsourced accounting offerings in one of its focus markets.
Intuit announces credit card with QB integration
Intuit announced the launch of the Intuit Business Credit Card, which comes with QuickBooks integration.