Obama Targets Foreign Tax Havens

Should we take it seriously this time? Annette Nellen, CPA/Esq., in this week’s AICPA Corporate Tax Insider, reports President Obama’s budget proposal has many wondering what a “robust portfolio of IRS international tax compliance initiatives” means for international tax reform. … Continued

Small Firms Can’t Ignore IFRS Any Longer

IFRS is coming. GAAP is dead. Get on board or get run over. Jim Metzler, AICPA Vice President for small firm interests, says even local firms and sole practitioners need to know about International Financial Reporting Standards. For decades, changes … Continued

Testing the Waters on YouTube

Colleen Cunningham (pictured) is featured in a SmartPros/FMN excerpt on YouTube talking about international accounting standards. Check it out…