The licensing debate; IRIS AWOL; donating crypto; and other highlights from our favorite tax bloggers. All in the preparation National Association of Tax Professionals (https://blog.natptax.com/): A handy flowchart to let them see if they do, in fact, need a tax preparer. The Wandering Tax Pro (http://wanderingtaxpro.blogspot.com/): Regulation of paid preparers
KPMG is expanding its efforts to attract more students to the firm and the accounting profession at large, partnering with the University of Northern Iowa to support a new hybrid learning program. UNI, which is based in Cedar Falls, Iowa, said this month it’s expanding its bachelor of arts in
Tax departments are often forgotten as a big data consumer. To get a sense of what large companies deal with, just take a minute to reflect on your personal tax return. You need all your data organized and collated in a timely fashion, prior-year returns to do year-over-year line-item level
The Public Company Accounting Oversight Board is on the receiving end of a lawsuit filed by a civil liberties group for penalizing an unidentified accountant. The New Civil Liberties Alliance filed a complaint Thursday in the U.S. District Court for the Northern District of Texas seeking declaratory and injunctive relief
The Internal Revenue Service’s Criminal Investigation unit is increasingly relying on information provided by financial institutions under the Bank Secrecy Act to uncover tax-related crimes such as money laundering and drug trafficking. IRS-CI chief Jim Lee presented statistics Wednesday showing that 15.8% of all investigations opened by his division in
The Internal Revenue Service could be doing more to detect and deter promoters of abusive tax schemes, according to a new report. The report, released Tuesday by the Government Accountability Office, pointed to the various schemes listed by the IRS every year in its roundup of the Dirty Dozen tax
The first smartphones were released in 2007, and only 15 years later, we have phones that can do much more than simple calls and text messages. Most people are now fully equipped with a GPS device, a camera, video recorders, and multiple web browsers at all times; some people are
The Forvis building in Springfield, Missouri Courtesy of Forvis Forvis, New York, announces a collaboration with Jupiter Intelligence, a provider of climate risk analytics for organizations looking to strengthen their climate resilience, that will help clients manage physical risk exposure and provide disclosures to stakeholders. The International Auditing and Assurance
SAP is deepening its strategic partnership with Amazon Web Services, which will see the two companies collaborating on significant operational matters. The deal centers around being able to deliver cloud adoption paired with innovation and extensibility services. Some of the specifics include: Use of a joint reference architecture to support
Government mandates may require taxpayers to do their taxes, but that doesn’t mean they have to do them with you. As the start of tax season on Jan. 23 approaches (see our story), tax practitioners are finding the best ways to reach out and pull in the best clients they
