Take a deep dive into payroll, bookkeeping, and much more. Free Book Preview Money-Smart Solopreneur This book gives you the essential guide for easy-to-follow tips and strategies to create more financial success. July 19, 2021 2 min read Disclosure: Our goal is to feature products and services that we think
Proper, a San Francisco-based provider of automated accounting and bookkeeping services for real estate property and asset managers, has scored $9 million in Series A funding from investors. Proper plans to use the extra funds to accelerate development of its automated accounting technology, build a new customer-facing platform, and hire
The Institute of Management Accountants officially appointed J. Stephen McNally as chair of the IMA’s global board of directors, and he plans to focus on the organization’s growing presence internationally. McNally, who is CFO of the Plastic Technologies group of companies and previously spent a long career as a finance
The traditional way of doing IT and SOC 2 audits is going away, and it’s happening really fast, but that doesn’t mean CPA firms can’t adapt and enhance their practices, deliverables and value. Below are some tips on what’s happening and how CPAs can indeed embrace it. What’s Going on Out
The Internal Revenue Service’s Office of Chief Counsel posted a memorandum on cost-sharing agreements with reverse clawback provisions and their implications for transfer pricing arrangements and stock-based compensation. The memorandum, issued Tuesday by associate chief counsel Peter Blessing and posted Friday by the IRS, provides non-taxpayer specific legal advice about
Most businesses choose QuickBooks as their primary accounting solution because of its helpful features and timely updates. It has made a name for itself in the industry owing to its unparalleled innovation and easy-to-use interface. Its installation and setup are pretty easy too. However, sometimes users face an unprecedented issue
Rage against the Machine; property casualty; herbal remedy; and other highlights of recent tax cases. Kissimmee, Florida: Tax preparer Joseph Amaya has been sentenced to a year in prison for aiding and assisting in the preparation of false returns. From 2014 through about 2018, Amaya co-owned and managed the tax
The AICPA’s Professional Ethics Executive Committee (PEEC) and Auditing Standards Board (ASB) have two different goals in their proposals on noncompliance with laws and regulations (NOCLAR), and the implications will affect all CPAs, particularly those who are in public practice and provide attest services. PEEC Proposal Having worked on its
The articles that I’ve previously done for AccountingWEB all focus on various aspects of federal income taxes. This one doesn’t; it focuses on New York City income taxes. Why did I decide to replace federal levies with local levies? Because the New York Times for July 2, 2021, displayed this
Ivix, a technology company that aims to help international tax authorities catch large-scale tax evasion, has scored $13 million in seed funding. The company develops technology that automatically analyzes public data sources to identify tax evasion. Its board of advisors includes Fred Goldberg, a former IRS commissioner, IRS chief counsel
