Accounting News

1. G-20 finance chiefs punt on billionaire tax in draft communique

   The final wording of the communique is subject to ongoing debates.

2. 5 warning sides of a bad ERC claim

   Double-dipping on wage claims and saying masks disrupted operations are just two new hallmarks of bad Employee Retention Credit claims.

3. IRS not fully complying with TikTok ban

   The Internal Revenue Service isn't in full compliance with the federal government's guidance for removal of TikTok from devices, according to a new report.

4. Some countries see encouraging signs in accounting pipeline

   The accountant shortage remains an acute challenge in the U.S. and other parts of the globe, but some countries may be experiencing a comeback.

5. Reflections from a conference host

   I volunteered as a conference host to meet the people in the field doing the hard work of government financial management every day.