Explore the latest trends in financial regulation with a focus on auditing updates and their impact on accounting firms and compliance practices.
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Discover how quantum computing is poised to transform accounting, offering unparalleled speeds and efficiency in data processing, financial analysis, and real-time decision-making.
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The US tax landscape is undergoing significant changes, requiring businesses to adapt to new regulations and optimize tax strategies. Learn how recent amendments and incentives impact different industries and how companies can ensure compliance.
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Explore how businesses are navigating the complexities of sales tax compliance through technology and strategic planning, minimizing legal risks and optimizing operations.
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Explore recent key shifts in accounting personnel across major firms like Deloitte, PWC, EY, and KPMG. Discover how these changes are influencing the industry's direction.
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Payroll isn’t just a back-office function; it’s a strategic engine that powers both financial performance and employee confidence. Every payroll run influences cash flow, compliance, and reporting accuracy, while shaping how employees perceive their value within the organization. This special report reframes payroll as a critical driver of financial discipline and a cornerstone of the employee experience, elevating it from…
The number of returns filed with the Internal Revenue Service continued to move ahead of last year. The IRS said there were .4 percent more returns filed through March 13, compared to the season through March 15, 2019.
That compared to a .1 percent improvement through March 6. There were 76,191,000 returns for the current season, compared to 75,881,000 in last year’s corresponding period.
The number of efiled returns through March 13 was 72,309,000, an increase of .7 percent from 71,815,000 in last year’s corresponding period. The number submitted by paid preparers continued to improve with 36,336,000 efiles from that source, off 1.4 percent from 36,868,000, a year earlier. But that was better than the -1.9 percent for the prior report. The 35,973,000 self-prepared efiles were 2.9-percent higher than the 34,947,000 a year ago, a slip from 3.1 percent for the March 6 report.
The government has issued 59,235,000 refunds for the season reported to date, a decline of 1.1 percent from 59,916,000 through March 15, 2019.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind