The accounting firms said they would sever ties, after similar announcements from their rivals KPMG and PwC.
For some clients, retirement isn’t a bed of roses. Living on a fixed income when inflation drives prices up can put some older clients in a tough spot. Your client might tell you about ads they have seen on TV for structured settlements, specifically life settlements, and wonder whether they
EY, PricewaterhouseCoopers LLP and KPMG LLP are pulling out of Russia in response to the war in Ukraine, the latest companies to conclude business ties to the country are untenable in the wake of its invasion of Ukraine. EY said in a statement it “has commenced a restructuring of its
The Internal Revenue Service is looking to highlight the “service” in its name with the creation of its first Taxpayer Experience Office. The new office will focus on “all aspects” of taxpayer interactions with the IRS. Ken Corbin “Whether checking the status of a tax return, meeting with a revenue
I have two young daughters (ages four and seven) who love playing with Legos. I enjoy helping my girls with their building projects, but I decided to go all in and buy an adult Lego project for myself. At over $100, the grown-up Legos are serious business. It’s a high-end,
As more states expand or clarify their marketplace facilitator laws, it could become more challenging for marketplaces facilitators and sellers to keep track of which taxes they’re responsible for. For example, although Kansas requires marketplace facilitators to collect and remit tax on third-party lodging, marketplaces are not responsible for the
A debate is intensifying about the role of corporate America in the recent wave of higher inflation. Companies are undoubtedly raising prices. The question is whether they are exploiting a surge in consumer demand or merely passing on their own higher costs. The available data strongly suggests that companies are
The Practice Ignition rebrand, scale-up and push into North America marks the latest development in a fast-moving, fast-maturing practice automation and workflow tool market. How practice automation and streamlining will play out over the coming years is still unclear and vendors from different parts of the accounting ecosystem are seeking
Key Democratic Senator Joe Manchin laid out a path to reviving President Joe Biden’s economic agenda, saying he could support a slimmed-down version that splits any revenue raised between shrinking the deficit and new spending. Manchin’s outline was welcomed by some fellow Democrats as a sign of a potential break
We are extremely proud to have accounting technology thought leader Clayton Oates join AccountingWEB Live Summit as one of its Keynote speakers. Clayton will be one of two keynoters that we intend to have at our event in May, which will be the first time many practitioners have met at
