Featured News

  • Supreme Court reviews pension plan suits

    July 10, 2019

    The Supreme Court will rule on whether pension beneficiaries can sue a retirement plan that lost money in its investments, even though the plan itself later restored its fully funded status.

  • IRS warns of new scams

    July 9, 2019

    The IRS is warning taxpayers of two new tax-related scams. While these types of scams escalate during tax season, the scammers don’t just fade away. They think up new scams all year.

  • College scholarships and the kiddie tax

    July 8, 2019

    Most scholarships and fellowship grants are nontaxable as long as they’re used for qualified expenses such as required tuition, fees, books, supplies and equipment. But there are exceptions.

  • How RPA can transform corporate finance

    July 7, 2019

    Many repetitive and manual activities in an organization's finance department could be streamlined by robotic process automation (RPA).

  • Fraud in a high-tech world

    July 6, 2019

    Artificial intelligence (AI), robotic process automation (RPA) and blockchain may be useful in identifying fraud. But they also may enable potential fraudsters to up their games.

  • Recovering fees from the IRS

    July 5, 2019

    Taxpayers can recover fees and costs from the government if the IRS has taken an unreasonable position during audit, on appeal, in connection with a refund claim or collection matter, or as related to a summons.

  • Should you work on vacation?

    July 4, 2019

    Summer is here, and with it comes family vacation time. Should you take your job with you or leave it at the office?

  • GASB proposes changes to plan reporting

    July 3, 2019

    Last Friday, GASB proposed new guidance that would clarify the accounting and financial reporting of Internal Revenue Code Sec. 457, deferred compensation plans.

  • When the CFO is also COO

    July 2, 2019

    Over the past couple of decades, CFOs have considerably expanded their management roles, in some cases also taking on the position of chief operating officer. Does is really make sense?

  • Watchdog clamps down on cryptocurrencies

    July 1, 2019

    Bitcoin and other cryptocurrencies will soon be subjected to rules designed to prevent their abuse for money laundering, in the first worldwide regulatory attempt to constrain them.