Balancing Audit Efficiency & Effectiveness
Audit efficiency and effectiveness is important. Indeed, today’s auditors are looking for innovative ways to drive results, strengthen relationships and create opportunities. In part, this…
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FASB Clarifies the Accounting for Equity Securities, Equity Method Investments, and Certain Derivative Instruments
ASU No. 2016-01 In 2016, the FASB issued Accounting Standards Update No. 2016-01, Financial Instruments—Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial…
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Integrated Audit Approach Helps Spinelli CPA Better Serve Its Clients
Wolters Kluwer solutions provides catalyst for digital transformation In its next feature spotlighting future-ready firms achieving peak performance by embracing digital transformation, Wolters Kluwer Tax…
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Turn the Consolidated Appropriations Act, 2020 into a revenue-generating engine
Narrowly averting a government shutdown, the House and Senate recently passed the Consolidated Appropriations Act, 2020. Ostensibly, the purpose of the legislation is to fund…
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IRS Steps Up Enforcement of Syndicated Conservation Easements
The IRS is increasing it enforcement actions for syndicated conservation easement transactions. This includes more coordinated examinations across IRS divisions, as well as more criminal…
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The IRS Announces the Start of Tax Filing Season
The IRS will begin accepting returns on January 27, 2020 The IRS stated that the start date was selected to give them time to ensure…
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Enhance Client Connections
Welcome to January! Also, welcome to busy season! Notably, top of mind for all audit professionals right now is how to: First, juggle multiple engagementsSecond,…
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Pennsylvania Net Loss Carryover Flat Deduction Cap Severed
Pennsylvania’s net loss carryover (NLC) flat deduction cap was severed from the Pennsylvania tax code for 2001 and 2006. There were two separate cases brought…
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Final Version of 2020 Form W-4 Contains Few Changes from Draft
The IRS has released the final version of the 2020 Form W-4, Employee’s Withholding Allowance Certificate. The final version is little changed from a second…
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Vickerman CPA Group Makes Digital Transformation Using Integrated Cloud-based Solutions
Wolters Kluwer solutions lead forward-thinking firms into the future In its next profile showcasing future-ready firms that are achieving peak performance by embracing digital transformation…
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