Publication: WebCPA

First reported 11 hours ago - Updated 11 hours ago - 1 reports

IRS Debuts Discovery Tool for International Taxpayers

The Internal Revenue Service’s Large Business & International division and its Wage and Investment division have teamed up to create a discovery tool for taxpayers with international filing requirements.Over 500 IRS.gov Web pages with international content ... [Published WebCPA - 11 hours ago]

Entities: IRS Internal Revenue Service, Index, Taxes

First reported 12 hours ago - Updated 12 hours ago - 1 reports

IRS to Refund Fees for Canceled Tax Preparer Tests

The Internal Revenue Service said it would refund fees collected for registered tax return preparer tests that were canceled due to a court injunction.In addition, the fees collected from return preparers who tested on or after Jan. 18, 2013, the date ... [Published WebCPA - 12 hours ago]

Entities: IRS Internal Revenue Service, District Court, Taxes, Injunction

First reported 19 hours ago - Updated 19 hours ago - 1 reports

Georgia Southern University

Transparency in Fraud Fighting

Fraud fighters today face many of the same challenges as they did at the start of the last century, a leading investigator told accountants, academics and attorneys at the Fraud & Forensic Accounting Education Conference May 16 in Atlanta.Jerry Decker, ... [Published WebCPA - 19 hours ago]

Entities: Fraud, Public Company Accounting Oversight Board, Atlanta, Georgia Southern University, Jack Reed

First reported May 16 2013 - Updated 23 hours ago - 1 reports

Financial Accounting Standards Board

FASB, IASB Propose Major Changes to Lease Accounting

The Financial Accounting Standards Board and the International Accounting Standards Board have released for comment a revised exposure draft proposing significant changes to the standards for accounting for leases.The new Proposed Accounting Standards ... [Published WebCPA - May 16 2013]

Entities: Financial Accounting Standards Board, International Accounting Standards Board, Liability, Property, RISK-FREE

First reported May 16 2013 - Updated May 16 2013 - 1 reports

Thomson Reuters Launches Partner Summit Series

The Tax & Accounting business of Thomson Reuters launched its sixth annual series of Partner Summits this week with a two-day event in Houston.The Partner Summits offer strategic tools and education for principals from tax and accounting firms, with individualized ... [Published WebCPA - May 16 2013]

Entities: Business Plan, Minneapolis (Minnesota, United States), New Orleans, Houston (Texas, United States), Atlanta

First reported May 15 2013 - Updated May 15 2013 - 1 reports

TIGTA: 'Ineffective Management' Led to Targeting, Delays

According to a newly released report, a Treasury Inspector General for Tax Administration audit found that “ineffective management” had led the Internal Revenue Service to use “inappropriate criteria” to identify applications for tax-exempt status for ... [Published WebCPA - May 15 2013]

Entities: IRS Internal Revenue Service, Tea Party Movement, Steven Miller, Organism

First reported May 15 2013 - Updated May 15 2013 - 1 reports

Fannie Mae

Deficit Narrows More Quickly than Expected

(Bloomberg) -- The U.S. budget deficit will shrink by the end of fiscal 2013 to $642 billion, the smallest shortfall in five years, according to the nonpartisan Congressional Budget Office.The agency yesterday reduced its estimate of the likely shortfall ... [Published WebCPA - May 15 2013]

Entities: Narrows (United States), Bob Corker, Fannie Mae, Freddie Mac, Taxes

First reported May 15 2013 - Updated May 15 2013 - 1 reports

KLR Offers Co-Working Office Space to Start-ups

Top 100 Firm Kahn, Litwin, Renza & Co. announced the opening of KLR Emerging Business Center. The center will provide co-working office space and accounting services to start-up and emerging companies.An application process will determine which companies ... [Published WebCPA - May 15 2013]

Entities: Invention

First reported May 15 2013 - Updated May 15 2013 - 1 reports

Tax Relief for Weather, Flooding Victims in Illinois

Victims of severe storms, straight-line winds, and flooding that began on April 16 in parts of Illinois may qualify for tax relief.President Obama has declared Cook, DeKalb, DuPage, Fulton, Grundy, Kane, Kendall, Lake, LaSalle, McHenry and Will counties ... [Published WebCPA - May 15 2013]

Entities: Flooding, Taxes, Deadline, Fulton (Illinois, United States), LaSalle (automobile)

First reported May 14 2013 - Updated May 15 2013 - 1 reports

Banks Urge FASB and IASB to Agree on Credit Loss Standards

Fifteen of the largest banks in the U.S. have written a letter to the chairmen of the Financial Accounting Standards Board and the International Accounting Standards Board encouraging them to resolve their differences over the standards for credit losses ... [Published WebCPA - May 14 2013]

Entities: International Accounting Standards Board, Financial Accounting Standards Board, Hans Hoogervorst, Model Risk

First reported May 14 2013 - Updated May 15 2013 - 1 reports

Holder Orders Criminal Probe of IRS Tea-Party Group Focus

(Bloomberg) Attorney General Eric Holder ordered a criminal investigation into the Internal Revenue Service’s targeting of small-government advocacy groups for extra scrutiny.“The FBI is coordinating with the Justice Department to see if any laws were ... [Published WebCPA - May 14 2013]

Entities: IRS Internal Revenue Service, Steven Miller, Eric Holder

First reported May 14 2013 - Updated May 14 2013 - 1 reports

IRS Files $1.2 Million Tax Lien against Beyoncé's Father

The Internal Revenue Service has filed a tax lien for over $1.2 million against the father of singer Beyoncé Knowles, who formerly managed the Grammy-winning singer.The IRS filed a tax lien against Matthew Knowles for $485,575.95 in unpaid taxes from ... [Published WebCPA - May 14 2013]

Entities: IRS Internal Revenue Service, Beyoncé Knowles, Matthew Knowles, Music World Corporation, Solange Knowles

Quotes

...Commissioner Steven Miller wrote an opinion piece of USA Today claiming that the "mistakes" were the result of poor process, not partisanship. (See "IRS 'Mistakes Didn't Stem from Partisanship, Acting Chief Says.")"

TIGTA: 'Ineffective Management' Led to Targeting, Delays [Published WebCPA - May 15 2013]

"Hewins has grown to over $2.5 billion in AUM over the past 10 years,” said Cue Wealth Management Solutions managing director of strategic partnerships Dave Hutchinson. “We are often approached by other firms who are interested in having us help them grow their wealth management practices, or consult with them on how they should enter the wealth management space. Our resources and processes are able to add value to the service offerings of our RIA and CPA clients through our integrated investment, financial planning, and operations platform. We believe our platform is state of the art.”"

Hewins Offers Wealth Management for CPA Firms [Published WebCPA - May 13 2013]

"I look forward to continuing our strong relationship with the ASBJ,” said IASB chairman Hans Hoogervorst in a statement. “I have always attached great value to the inputs of our Japanese counterparts and I expect to continue to visit Japan and the ASBJ on a regular basis. We will continue to cooperate closely, including in terms of research and the exchange of staff."

IASB Revamps Relationship with Japanese Standard-Setter [Published WebCPA - May 10 2013]

...effort by the IRS and other tax administrations to pursue international tax evasion,” said IRS Acting Commissioner Steven T Miller in a statement. "Our cooperative work with the United Kingdom and Australia reflects a bigger goal of leaving no safe haven for people trying to illegally evade taxes.”"

IRS, UK and Australian Tax Authorities Uncover Information on Offshore Tax Evaders and Advisors [Published WebCPA - May 09 2013]

More Content

sort by: Date \| Relevance
IRS Debuts Discovery Tool for International Tax... [Published WebCPA - 11 hours ago]
IRS to Refund Fees for Canceled Tax Preparer Tests [Published WebCPA - 12 hours ago]
Transparency in Fraud Fighting [Published WebCPA - 19 hours ago]
Thomson Reuters Launches Partner Summit Series [Published WebCPA - May 16 2013]
FASB, IASB Propose Major Changes to Lease Accou... [Published WebCPA - May 16 2013]
Deficit Narrows More Quickly than Expected [Published WebCPA - May 15 2013]
KLR Offers Co-Working Office Space to Start-ups [Published WebCPA - May 15 2013]
Tax Relief for Weather, Flooding Victims in Ill... [Published WebCPA - May 15 2013]
TIGTA: 'Ineffective Management' Led to Targetin... [Published WebCPA - May 15 2013]
Holder Orders Criminal Probe of IRS Tea-Party G... [Published WebCPA - May 14 2013]
Banks Urge FASB and IASB to Agree on Credit Los... [Published WebCPA - May 14 2013]
IRS Files $1.2 Million Tax Lien against Beyoncé... [Published WebCPA - May 14 2013]
ADP Streamlines Work Opportunity Tax Credit Claims [Published WebCPA - May 14 2013]
CAQ Advises PCAOB on Audit Quality Indicators [Published WebCPA - May 13 2013]
Charities Concerned about Congress's Tax Reform... [Published WebCPA - May 13 2013]
GAO Finds IRS Needs to Improve Internal Controls [Published WebCPA - May 13 2013]
Obama Calls IRS Targeting of Tea Party Groups '... [Published WebCPA - May 13 2013]
AICPA to Reconsider IASB Recognition, Definitio... [Published WebCPA - May 13 2013]
Snoop Dogg Pays off $546,000 Tax Lien [Published WebCPA - May 13 2013]
Hewins Offers Wealth Management for CPA Firms [Published WebCPA - May 13 2013]
Advisory Group Looks for Input on Future Accoun... [Published WebCPA - May 10 2013]
IRS Ramps up Criminal Investigations [Published WebCPA - May 10 2013]
IRS Changes Tax-Filing Requirements for Large C... [Published WebCPA - May 10 2013]
IASB Revamps Relationship with Japanese Standar... [Published WebCPA - May 10 2013]
U.K. Audit Watchdog to Investigate KPMG over Ca... [Published WebCPA - May 09 2013]
Senator Pushes IRS to Crack Down on Payroll Ser... [Published WebCPA - May 09 2013]
IRS Promises to Get Warrants to Read E-Mails [Published WebCPA - May 09 2013]
Accounting Today Growth & Profitability Summit ... [Published WebCPA - May 09 2013]
IRS, UK and Australian Tax Authorities Uncover ... [Published WebCPA - May 09 2013]
Financial Malfeasance Widely Known at Companies [Published WebCPA - May 08 2013]