Connect with us
The Internal Revenue Service has hit taxpayers with over $162 million in penalties for claiming fraudulent tax credits they heard about through social media. The claims...
Many organizations allocate significant resources to accounts receivable management, diverting attention from strategic initiatives that actually drive growth. Businesses excel when focusing on core competencies —...
Anthony Scaramucci is struggling to spin one of President Donald Trump’s big tax breaks into a profit for his wealthy clients. Yet “the Mooch,” as he’s...
Audit teams have always operated under pressure. But in today’s climate of tighter deadlines, changing regulatory environments and talent pipeline concerns, the cracks are widening. While...
Ghana has hired accounting firm KPMG to advise on its investments in AT Ghana Ltd. and a unit of Telecel Group, with the view of creating...
Diversionary tactic; bad intentions; keeping it real; and other highlights of recent tax cases. Cheshire, Massachusetts: Dennis Condron, 75, owner of a construction company, has agreed...
Elevate, a newly launched platform for accounting, tax and advisory firms, made its first acquisition with TYS Advisors, effective Aug. 1. Elevate is backed by long-term...
AI is increasingly taking on the routine repetitive tasks that, in the past, were handled by entry-level accountants. This has allowed firms to expand their capacities...
(This is the second of a two-part series about the effect of AI and automation on fundamental skills. Part 1 can be found here.) In an...
Lawmakers introduced two pieces of legislation in Congress this week to eliminate taxes on Social Security benefits and extend the premium tax credits for health insurance...
