Tax

Line items

IRS to shut down OVDP ... Longer carried interest holding period includes S corporations ... Coinbase notifies customers of IRS summons compliance

Charitable contribution procedures updated

The IRS issued new procedures for contributions to charitable organizations, including rules for when donors can rely on the information about an organization’s tax-exempt status on the IRS database Tax Exempt Organization Search.

How to treat virtual currency

Due diligence begins with one question you should be asking every client, according to Annette Nellen, CPA, CGMA, Esq.

SPONSORED REPORT

Building client loyalty with payroll services

In this report, CPA experts detail their tactics for performing successful payroll services, how to mitigate risk in the process, and the impact payroll can have as a value-added service.

PODCAST

Using drones to enhance audits

Hermann Sidhu, CPA, global assurance digital leader at EY, walks us through EY’s exciting new project to use drones to help audit large warehouses and outdoor inventories.