This edition of Generational Viewpoints features two professionals from Barnes Dennig, a 160-person firm with locations in Ohio, Kentucky and Indiana. We asked baby boomer director Kathy Ahearn, born in 1958, and millennial tax manager Nick Pennekamp, born in 1993, to share their perspectives on the following question: “There are
An airy idea of loans; did they have a deal for you; bar flies; and other highlights of recent tax cases. Pacific, Washington: Tax preparer Jean Mpouli has been sentenced to a year and a day in prison for 14 counts of aiding and abetting the filing of false returns.
The Global Reporting Initiative’s new CEO, Eelco van der Enden, is planning to work with the nascent International Sustainability Standards Board on environmental, social and governance standards, while maintaining GRI’s independence. Van der Enden began his tenure leading the ESG standard-setting organization on Jan. 1 (see story). He was formerly
Minute by minute; variations in the standard; new kid on the blog; and other highlights from our favorite tax bloggers. How about a hug? Turbotax (https://blog.turbotax.intuit.com): What to remind them (yet again) about why to file ASAP. Taxing Subjects (https://www.drakesoftware.com/blog): What to remind them about common filing mistakes from a
Schellman & Co., a Top 100 Firm based in Tampa, Florida, is expanding its cryptocurrency audit services by acquiring the firm of Scott S. Perry, CPA PLLC, based in Bellevue, Washington. Perry’s firm specializes in digital certificate authority audits, also known as WebTrust for Certification Authorities). He has also participated
The Internal Revenue Services is looking for some lawyers. Specifically, the IRS Office of Chief Counsel announced plans to hire up to 200 more attorneys to help the agency combat syndicated conservation easements, abusive micro-captive insurance arrangements and other tax schemes. These positions will be available nationwide. First announcements for
The role of the chief financial officer has evolved more in the last year than in the past five years, due to the massive digital transformation that took place in response to the pandemic. While numbers — from those associated with performance metrics to the bottom line — continue to
Two leaders of Congress’s main tax-writing committee introduced legislation Friday to undo tax refund delays for recipients of the Earned Income Tax Credit who file their taxes early. The bill, introduced by House Ways and Means Committee chairman Richard Neal, D-Massachusetts, and Ways and Means Oversight Subcommittee chairman Bill Pascrell,
The tax season that’s due to open when the Internal Revenue Service begins accepting tax returns next Monday is promising to bring a host of challenges. Tax professionals are largely ready to forge ahead to help their clients get through it, but now they may have trouble getting power of
A coalition of 11 stakeholders groups from the tax practitioner community are urging the IRS to take action to reduce unnecessary burdens for taxpayers and practitioners during the upcoming filing season. IRS staff are currently processing a meeting request so that the practitioner groups can elaborate on their recommendations and
