Bob Scott

Bob Scott

AICPA Wants 1040 Crypto Clarification

Cryptocurrency anotherThe American Institute of CPAs has asked the Internal Revenue Service to revise the virtual currency question on the 2021 Form 1040. Among recommendations made by the organization was for clarification of the meaning of virtual currency.

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IRS Seeks Video Conferencing Input

Webinar pointThe Internal Revenue Service is inviting public input about best practices for conducting video conferences for those with appeals cases pending. Interim guidance on video conferencing was issued in March 2020 in reaction to the COVID-19 pandemic, and now the  IRS Independent Office of Appeals is considering permanent guidelines

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CPE Provider LumiQ Gets $5M

money 32 434216026LumiQ, which provides podcast-first CPE courses, has received $5 million in funding. The parent company, Luminari said the seven-year-old operation has more than 200 hours of CPE content online.

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