IASB amends IFRS 19 for subsidiaries
The International Accounting Standards Board issued a set of amendments to IFRS 19 Subsidiaries without Public Accountability: Disclosures.
Analytics powered by Syft adds new powerful features and begins UK rollout
Making confident business decisions is tied to the quality of information used to make those decisions. To truly plan for the future, you need tools that offer foresight and clarity. So we’re thrilled to introduce two major enhancements to analytics in Xero: cash flow manager and AI insights. These powerful new features are designed to …
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Five automation tips to boost your marketing strategy
As a small business owner, finding time for marketing can be challenging. In fact, Constant Contact’s report, The Current State of SMB Marketing, found that more than half of small businesses worldwide say they have only an hour or less per day to spend on it. When time is tight, working smarter, not harder, is …
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IRS to propose rules to ease corporate moves to US
The Internal Revenue Service and the Treasury intend to issue proposed regulations involving the transfer of United States real property interests.
Congress could equalize tobacco tax rates to collect more revenue
The government could collect up to $1.5 billion more in tax revenue over five years if pipe tobacco and roll-your-own tobacco were taxed the same as cigarettes.
PCAOB seeks advisory group nominations
The Public Company Accounting Oversight Board is accepting nominations for members of its Investor Advisory Group and Standards and Emerging Issues Advisory Group.
IRS plans to withdraw disregarded payment loss rules
The Internal Revenue Service and the Treasury issued a notice saying they intend to issue proposed regulations withdrawing the DPL rules for multinationals.
Writing better AI prompts
As artificial intelligence becomes increasingly integrated into accounting workflows, the ability to write effective prompts has emerged as a critical skill.
IRS inaccurately reported short wait times
Taxpayers are unable to get through to live help through the IRS’s toll-free phone lines, even when the IRS claims its wait times are only about three minutes.
In the blogs: Toil and trouble
Inevitable tech crossroads; ‘game-changer’ for a key deadline; nuptials and deductions; and other highlights from our favorite tax bloggers.