Tax departments face more uncertainty
Additional reasons for uncertainty in 2022 include surging inflation, interest rate increases, war in Europe, global minimum taxes and the continuing pandemic adding to worries.
Source: accountingtoday.com
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CFOs see other risks this year besides COVID-19
CFOs rank supply chain disruptions, the talent shortage and tax reform as higher risks than COVID-19, according to a recent survey from BDO USA.
Source: accountingtoday.com
BDO forms ESG Center of Excellence
The Top 10 Firm named partner and executive team member Christopher Tower its first-ever ESG strategy and services leader.
Source: accountingtoday.com
Nonprofits improving their operating reserves
Nonprofit organizations grew their operating reserves over the last year and experienced other positive changes, according to a new survey.
Source: accountingtoday.com
IRS details reporting guidance on carried interest at partnerships
The Internal Revenue Service provided detailed reporting directions Wednesday for certain passthrough entities and taxpayers reporting partnership interests held in connection with the performance of services, often referred to as “carried interest.”
Source: accountingtoday.com