PCAOB requests comments on standard setting
The Public Company Accounting Oversight Board is requesting input on future focus areas for standard setting.
Whitman launches firm valuation tool
Whitman Advisory introduced valueMyCPAFirm.com, an AI-powered tool that provides insights on a firm’s market value.
Hourly billing very rare in tax prep
Firms that rely on the old-fashioned billable hour are in the minority compared to fixed fee, value pricing and other models.
Comedian Carlos Mencia arrested for tax evasion
The comedian was arrested in Los Angeles for tax evasion and charged with owing over $300,000 to the state of California.
IRS chatbot results may be wrong
The IRS has been offering live chat applications and automated chatbots, but their incorrect answers could prompt taxpayers to file incorrect tax returns.
IRS referrals get bogged down
The Internal Revenue Service’s process for referring taxpayer inquiries to other business units can lead to delays and lost referrals, according to a new report.
DMA acquires Chicago tax firm
DuCharme, McMillen & Associates acquired Chicago-based Barron Corporate Tax Solutions, expanding the firm’s property tax practice.
State-mandated retirement plans hit small business owners
Nineteen states and three major cities now have them. Cheap and easy usually isn’t best.
Woodard: Strange days in accounting
Starting with AI, a number of new developments is making the professional landscape feel stranger than ever.
Investors oppose semiannual reporting, says poll
Investors mostly favor the continued use of quarterly reporting and rejected the SEC’s recent proposal for a semiannual reporting option, according to a survey.