News


New Phishing Email Targets Tax Pros
 

New Phishing Email Targets Tax Pros

Posted: June 23, 2017
Beware of a phishing email purporting to be from a tax software education provider that seeks extensive amounts of sensitive tax preparer data.


FASB Proposes Improvements to Consolidation Guidance
 

FASB Proposes Improvements to Consolidation Guidance

Posted: June 22, 2017
The Financial Accounting Standards Board has issued a proposed ASU intended to reduce the cost and complexity of financial reporting associated with consolidation of variable interest entities.



NJCPA Members Turn Down Associate Member Change
 

NJCPA Members Turn Down Associate Member Change

Posted: June 14, 2017
Fellow members of the NJCPA voted against expanding the Associate membership category to include accounting and financial professionals who do not hold a CPA license.

Staffing Concerns Are Dominant Issue for CPA Firms in 2017
 

Staffing Concerns Are Dominant Issue for CPA Firms in 2017

Posted: June 14, 2017
Finding and retaining staff are the top issues facing CPA firms this year, and talent pool challenges are expected to have the biggest impact on public accounting practice operations over the next five years, too, new research by the American Institute of CPAs shows.

IRS Adds New Features to Taxpayers
 

IRS Adds New Features to Taxpayers' Online Account

Posted: June 13, 2017
The IRS has announced the addition of several new features to the online account tool first introduced late last year as part of the IRS’s commitment to improve and expand taxpayer services.

IRS Interest Rates Remain the Same
 

IRS Interest Rates Remain the Same

Posted: June 9, 2017
The IRS has announced that interest rates will remain the same for the calendar quarter beginning July 1, 2017.