Senator Elizabeth Warren and Representative Pramila Jayapal asserted that the firms were “abusing the public trust and taking advantage of the revolving door between public service and private profit.”
It is easy to work on QuickBooks until the coding errors start showing up. One recurrent trigger text in the software is the “QuickBooks Error 400: The remote server returned an error – Bad Request.” The most common situation where this error comes up is when the server cannot establish
The latest federal tax laws, abusive shelters and residency are among the subjects of 18 new self-study seminars through the IRS Nationwide Tax Forums Online. The new seminars’ topics include due diligence; the Child Tax Credit and Earned Income Tax Credit under the American Rescue Plan; virtual currencies; abusive tax
Clients are often concerned with the past, like filing the previous year’s tax returns, rather than the future. Accountants can be hugely beneficial to these clients by providing forward-thinking services. This means financial planning. There are many reasons why clients often think they don’t need financial planning services. They may
The Value Reporting Foundation, the group formed by the recent merger of the Sustainability Accounting Standards Board and the International Integrated Reporting Council, is mulling changes in how it uses the term “materiality” to avoid legal and regulatory conflicts for companies disclosing their sustainability efforts. The issue of materiality was
Accountants of color and women took on increased workloads at firms during the COVID-19 pandemic, but didn’t necessarily see their careers advance, according to a new study. For the study, Thomson Reuters Tax & Accounting and the PrimeGlobal accounting firm association polled more than 300 tax and accounting professionals from
Ani Zadorian Ani Zadorian was promoted to partner at JLK Rosenberger, Glendale, where she works in the insurance practice. Cecil Demorris Brown was hired as a regional market leader at Poe Group Advisors to guide the firm in expanding into and serving clients in the California market. Jonathan Blackburn was
As digital advisors, we get frequent questions from business leaders about how they can measure their organizations’ digital maturity. The answer is multifaceted and goes beyond technology. Digital disruption is a clear and present threat to firms that won’t change. Leaders must embed digital capabilities into the heart of their businesses and make digital
In thinking about the health and longevity of your business, ask yourself: Is my business running like an engine or like an egg beater? That’s to say, is your business a well-oiled machine with every part running exactly as it should with minimal input? Or, must you manually churn away
