News | AccountingWEB



Bill Would Stop Tax Debtors from Leaving the Country

Senate legislation would allow authorities to revoke the passport of any US citizen who, among other things, owes more than $50,000 in unpaid taxes.

QuickBooks Online Now Syncs with PayPal

Intuit has a new app that syncs QuickBooks Online and PayPal, providing the ability to import PayPal sales transactions, fees, discounts, and taxes into QBO.

SOX Compliance is Still a Challenge – and Costly – for Many Companies

New Protiviti report finds overall internal compliance costs topped $1 million for 58% of large companies last fiscal year.

Bramwell’s Lunch Beat: Tax Day Won’t Fall on April 15 Next Year

The menu features specials on SEC chief of staff steps down, Ryan sets sights on tax reform “down payment,” and more.

New Crowdsourced Report Ranks Accounting Software

G2 Crowd has published its latest report which has top satisfaction and user ratings for nine of the most reviewed accounting software platforms on the market.

Proposed Changes to CPE Standards for CPAs Up for Public Comment

Under the proposal from the NASBA and the AICPA, CPE credit would be permitted for nano-learning and blended learning.

Applying Business Basics to Grow a Valuation Practice

Demand for business valuation services continues to grow, creating an opportunity to turn one-time engagements into ongoing valuation commitments.
Education & Careers

68 Percent of Americans Say They Would Have Financed College Differently: Survey

Top do-over options include attending a less-expensive college and going to a trade school, according to the AICPA.
Education & Careers

Majority of Americans Don’t Get a Passing Grade on 529 Plan Knowledge

66% of those polled for Edward Jones’ latest 529 Plan Awareness Survey don’t know what a 529 college savings plan is.

AICPA Establishes Two New Credentials for Fair Value Measurement

The credentials, which are geared toward CPAs and qualified finance professionals, are scheduled to launch in 2016.

Bramwell’s Lunch Beat: High Court Says 401(k) Fees Must be Monitored by Employers

The menu features specials on vanilla accountants on the way out, Supreme Court upends Maryland tax law, and more.
Practice Development

5 Tips to Help Your Website Attract More Clients

Is your website helping attract new business? Accounting firm marketing expert Arvid Mostad gives five tips on how it can and should be used for that purpose.

Tax Season is Over! What Should Your Firm Do Next?

Now is the time to secure success for the rest of the year and to plan ahead for next tax season. Here are several ways to make the most of post-tax season.

Investors Leery of Separate Accounting Standards for Private Companies

CFA Institute report says the argument for creating standards for nonpublic entities “doesn’t withstand scrutiny.”

New Report from the IFAC Tackles Risk Management

Paper from global accounting group focuses on how boards and management can effectively manage risk as an integral part of managing an organization.

Bramwell’s Lunch Beat: Labor Dept. Extends Comment Period for Fiduciary Rule

The menu features specials on Hertz’s pending restatements, health law tax is being passed along to states, and more.
Education & Careers

Survey: Companies Planning on Hiring More Tax Pros This Year

69% of the 356 US companies that were polled by TaxTalent said they would be expanding their tax staffs in 2015.

Q&A: Would IRS Challenge a Partial Tax Write-Off for a Live-in Girlfriend?

Also, can a family that pays a housekeeper and provides her board and lodging be able to claim her as a dependent?

Our Friday Wrap-Up: What You May Have Missed This Week

Auditing in the 21st century, guide to anxiety in the workplace, how to operate a business with no managers, and more.

Litigation Prompts Revamp of FHA Reverse Mortgage Policy

Regulator will no longer allow lenders to delay demanding payoffs of certain reverse mortgages by the surviving spouses of the deceased borrowers.


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