The IRS has issued final regulations that limit the deduction for certain dividends U.S. persons receive from foreign corporations under Sec. 245A and govern the exception to Subpart F income under Sec. 954(c)(6) for certain dividends received by controlled foreign corporations. The regulations also cover information reporting under Sec. 6038 to facilitate these rules. The […]

The Online Accounting Tools market report 2020-2026 provides in-depth study of market competitive situation, product scope, market overview, opportunities, driving force and market risks. Profile the Top Key Players of Online Accounting Tools, with sales, revenue and global market share of Online Accounting Tools are analyzed emphatically by landscape contrast and speak to info. Upstream […]

GRANITE FALLS — Westberg Eischens PLLP acquired the Robert F. Danielowski PA accounting firm in Granite Falls on Aug. 17. Bob Danielowski, owner and founder of the firm, is retiring after 41 years in business. He began working for Carlotto and Associates in 1973 and became a 50% partner in 1977. He bought the remaining […]

GRANITE FALLS — Westberg Eischens PLLP acquired the Robert F. Danielowski PA accounting firm in Granite Falls on Aug. 17. Bob Danielowski, owner and founder of the firm, is retiring after 41 years in business. He began working for Carlotto and Associates in 1973 and became a 50% partner in 1977. He bought the remaining […]

Sometimes the best changes come because we are forced into them. For example, the pandemic has made many accounting practitioners more aware of limitations — and the value that can come from changing to better manage the stresses and unknowns of current working conditions. Firms managing well through COVID-19 have found ways to become more […]

Social distancing practices implemented to slow the spread of COVID-19 have required the use of remote interviews in many situations, including forensic accounting investigations and financial audits. Given the importance of being able to evaluate nonverbal cues and establish rapport with the interviewee, forensic accountants, auditors, and other CPAs may be wary of conducting interviews […]

CPA firm peer reviews can continue to be held remotely without prior approval of the administering entity for system reviews commencing before June 30, 2021, as a result of a vote Thursday by the AICPA Peer Review Board (PRB) that extended the off-site waiver. In response to the coronavirus pandemic, the PRB previously had waived […]

Recent times have exacerbated an essential truth: The only constant is change. For most of us, our normal environments and modes of operation have been completely upended — personally and professionally. A highly infectious virus quickly spread across the world, and we still have difficulty drawing managerial conclusions; it has been difficult to see through […]

August 20, 2020 Those familiar with Corban’s accounting program often point to its stability. It boasts a professor who has been with the school for 34 years, an annual track record of near 100% employment for its graduates within their first two months after graduation, and a steady reputation in the local community for producing […]