The Internal Revenue Service is providing special transitional relief to banks and other payment settlement entities required to begin reporting payment card and third-party network transactions to the IRS on new Form 1099-K.
By law, reporting is scheduled to begin in early 2012 for payment card and third-party…
The U. S. House of Representatives passed a bill Wednesday to repeal a law that beginning in 2013 requires tax withholding of 3% of payments to vendors and contractors providing services to federal, state and local governments and their agencies. The bill, <a…
The National Association of State Boards of Accountancy, Inc. (NASBA), the American Institute of Certified Public Accountants and Prometric today announced the successful launch of the U.S, CPA Examination in international locations – the first time in history it has been administered outside of the United…
The New England region, in many ways, offers much to all who live and work in one or more of the region's contiguous states. While we're able to boast of the many fine qualities indigenous to the area, we're also very aware that the region is considered to be one of the more competitive sections of the…
On May 23, the AICPA governing Council unanimously approved a new credential called the Chartered Global Management Accountant (CGMA), a joint venture of the AICPA and the London-based Chartered Institute of Management Accountants (CIMA). Qualifying AICPA voting members will have the most favored…