The Supreme Court, in its recent holding in CIC Services LLC v. Internal Revenue Service, narrowed the reach of the AIA by opening the door to more pre-enforcement challenges to IRS regulatory action involving reporting requirements backed by civil and criminal penalties. The ruling is a significant win for those subject to
QuickBooks is one of the top-rated accounting applications for obvious reasons. Its user interface is quite easy to understand and work through, and some of its features are extremely useful. All the information is saved and can be accessed through the company file created by the application after a user
Shari Fox Shari Fox of Tax Fox Consulting joined MarksNelson, Kansas City, as a partner. Ted Dickman, CEO at BKD, Springfield, received a 2021 Glassdoor Employees’ Choice Award, recognizing the Top CEOs for the past year, based on the site’s anonymous and voluntary employee reviews. Rubin Brown promoted: Matt Hefti
Congress reintroduced legislation to prevent abuses of the charitable conservation easement tax break that’s supposed to protect public lands, but is often used as a tax shelter. Rep. Mike Thompson, D-California , who chairs the House Ways and Means Subcommittee on Select Revenue Measures introduced the Charitable Conservation Easement Program
Traditionally, Autumn is the time of year when accounting firms focus on recruitment, filling internships and for the next year and full-time positions for the coming busy season. But so far, 2021 has been anything but traditional. With the economy improving and many firms focusing on advisory and consulting, many
The Internal Revenue Service released a Data Book Thursday highlighting the IRS’s activities this past fiscal year, particularly in response to the pandemic. During the COVID-19 pandemic, the IRS developed new technology and furnished the equipment needed to allow thousands of its staff to work from home, enabling the IRS
Pricing is arguably the most challenging part of starting something new in business, and HR services are no exception. Building a pricing schema for new services needs to align with current billing practices. Maintaining this consistency will help with onboarding your existing account clients onto HR. Let’s dive into the
Wipfli’s latest merger is bringing the Midwest-based firm to California, but since the pandemic, it has been able to recruit talent around the world. Earlier this month, the Milwaukee-based Top 20 Firm announced a deal to merge in Mueller Prost, a St. Louis-based firm that also has offices in Irvine,
It might not seem like it at times, but our clients really don’t want to make our lives difficult. In fact, most of our clients are willing – and happy – to provide us with the information we need to properly onboard them and prepare their books and tax returns.
H&R Block’s financial technology innovation arm, Wave, is adding new accounts receivable features to its small-business bookkeeping software. In July, Wave plans to add new AR management features, including an invoice list view for identifying customers with unpaid invoices. A new customer list view will let users see how much
