CPA Never under estimate the value
Business executives aren’t aware of many trust-damaging events that result in the loss of employees and consumers, according to a PwC survey. A proper response to these blind spots could pay dividends.
Source: JOA News
Read More here – Trust and consequences: Leaders who don’t listen pay a price
On its annual list, the IRS included a warning to tax pros and businesses to be cautious about opening emails and clicking on links that could result in identity theft.
Source: Tax News
Read More here – Dirty Dozen: IRS scam list includes spear-phishing warning to tax pros
On its annual list, the IRS included a warning to tax pros and businesses to be cautious about opening emails and clicking on links that could result in identity theft.
Source: JOA News
Read More here – Dirty Dozen: IRS scam list includes spear-phishing warning to tax pros
Two universities found approaches to attract more students to accounting programs and encourage them to pursue CPA licensure.
Source: JOA News
Read More here – How universities are working to boost the CPA pipeline
In a revenue ruling issued Wednesday, the IRS confirms that the step-up in basis under Sec. 1014(a) does not apply to the assets held by an irrevocable grantor trust when the grantor dies if the grantor’s gross estate does not include the assets of the irrevocable trust.
Source: Tax News
Read More here – No basis step-up for grantor trust assets if not in grantor’s estate
In a revenue ruling issued Wednesday, the IRS confirms that the step-up in basis under Sec. 1014(a) does not apply to the assets held by an irrevocable grantor trust when the grantor dies if the grantor’s gross estate does not include the assets of the irrevocable trust.
Source: JOA News
Read More here – No basis step-up for grantor trust assets if not in grantor’s estate
COSO has published supplemental guidance that can be used to apply its internal control framework to reporting on sustainability.
Source: JOA News
Read More here – COSO releases internal control guidance for sustainability reporting
The PCAOB is seeking feedback on a proposal focused on modernizing core auditing principles and responsibilities for public companies.
Source: JOA News
Read More here – Proposal aims to ‘modernize’ public-company audit standards
The IRS reached the halfway point of its annual “Dirty Dozen” list of tax scams, advising that taxpayers be careful when choosing a preparer to handle their returns.
Source: Tax News
Read More here – Dirty (Half) Dozen: Watch for these red flags when choosing a tax preparer
The IRS reached the halfway point of its annual “Dirty Dozen” list of tax scams, advising that taxpayers be careful when choosing a preparer to handle their returns.
Source: JOA News
Read More here – Dirty (Half) Dozen: Watch for these red flags when choosing a tax preparer
