Featured News

  • Recovering fees from the IRS

    July 5, 2019

    Taxpayers can recover fees and costs from the government if the IRS has taken an unreasonable position during audit, on appeal, in connection with a refund claim or collection matter, or as related to a summons.

  • Should you work on vacation?

    July 4, 2019

    Summer is here, and with it comes family vacation time. Should you take your job with you or leave it at the office?

  • GASB proposes changes to plan reporting

    July 3, 2019

    Last Friday, GASB proposed new guidance that would clarify the accounting and financial reporting of Internal Revenue Code Sec. 457, deferred compensation plans.

  • When the CFO is also COO

    July 2, 2019

    Over the past couple of decades, CFOs have considerably expanded their management roles, in some cases also taking on the position of chief operating officer. Does is really make sense?

  • Watchdog clamps down on cryptocurrencies

    July 1, 2019

    Bitcoin and other cryptocurrencies will soon be subjected to rules designed to prevent their abuse for money laundering, in the first worldwide regulatory attempt to constrain them.

  • Accounting educators: Apply now for research funding

    June 30, 2019

    Accounting educators may wish to apply for $10,000 in research funding provided by the Assurance Research Advisory Group. The submission deadline is July 12.

  • Tax transcript tips for those filing a 2019–2020 FAFSA

    June 29, 2019

    The IRS Data Retrieval Tool is a fast and accurate way for parents and students to obtain tax return information required to complete the Free Application for Federal Student Aid (FAFSA) form.

  • New malware campaign uses Excel attachments

    June 28, 2019

    Hackers are sending emails with an Excel attachment that includes malicious macros in an attempt to spread the FlawedAmmyy malware.

  • Employers fight against rising health costs

    June 27, 2019

    That health care costs continue to rise is not news to anyone. But what is new is that increasing numbers of employers are doing what they can to help fight the rising costs.

  • Global financial wealth growth weakened in 2018

    June 26, 2019

    In 2018, global financial wealth growth slowed dramatically after a strong 2017 gain. And when a rebounding U.S. dollar is factored in, asset values actually declined.