Gabriel Hernandez, the partner-in-charge of tax division for BDO Puerto Rico, has been indicted on ten counts of wire fraud. That means the two men who founded the organizatoin that became a BDO firm has been indicted on multiple charges this year.

The American Institute of CPAs has awarded $50,000 in educational grants to undergraduate and graduate accounting students who have suffered financially because of the pandemic. Twenty-five AICPA Student Affiliate members have received $2,000 each.

 Corvee, which recently changed its name from AccountingTax.com, has launched its Tax Planning software. The company clams it is the first-of-its kind to utilize machine learning and artificial intelligence.