Accounting Today

The coronavirus pandemic has pushed the IRS to order its workforce to work from home. The IRS issued an email announcing the shift, and Accounting Today magazine obtained a copy of the email. “As a result of recent OPM [U.S. Office of Personnel Management] guidance, starting Monday, March 30, 2020, the IRS is directing all…

Delaware Gov. John Carney has signed legislation aimed at protecting the state’s taxpayers from unscrupulous tax professionals. Accounting Today reports the legislation, called the Taxpayer Protection Act, became law this week. Among other things, it requires tax preparers in the state to include their Preparer Tax Identification Number (PTIN) whenever they file a state tax…

A recent Tax Court ruling is clear that do-it-yourself tax software is no shield against improper deductions. As reported in Accounting Today, the case involved an insurance consultant who, ironically enough, had accountants for clients. The consultant decided to do his own returns, but made mistakes on 2011 and 2012 returns. The court said he…

 Accounting Today magazine has released its annual list of the Best Firms to Work For in 2013.  The annual list of the Best Accounting Firms to Work For was created by Accounting Today and Best Companies Group. The survey and awards program are designed to identify, recognize and honor the best employers in the accounting…