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February 2, 2023

Accounting News Roundup: Congress Kicks the Online Sales Tax Can | 03.23.18

Congress Has Had 26 Years to Address Online Sales Taxes. It Is About To Fail One More Time [TPC]
When the Supreme Court first ruled in Quill v. North Dakota, “it practically begged Congress” to write new rules for taxation of remote sales, Howard Gleckman writes. Now that Congress has squandered the last two-and-a-half decades, SCOTUS will revisit the treatment in South Dakota v. Wayfair.

IRS sees 60% increase in data thefts from tax pros [AT]
The “spear phishing” or “new client” scam involves a “new client” who emails a tax pro about a particular issue and includes an attachment. Unfortunately, the attachment contains malware, and if opened, allows the crooks to steal taxpayer info.

Working Mothers Gain Acceptance, But Perceptions of Sexism Persist, Poll Shows [WSJ]
A WSJ/NBC poll found that 78 percent of adults believe more women who have a career and are raising children is a good thing. That’s up from 46 percent in 2000. Still, the same number of women (61 percent) and men (43 percent) do not believe that men consider women to be equals in the workplace.

Previously, on Going Concern…

I mentioned that American internal auditors are working by candlelight compared to their European and Asian colleagues.

From our partner, the University of North Carolina Master of Accounting Program: Are You Ready for the Next Big Step in Your Accounting Career?

In Open Items, someone is asking about being a tax team of one.

From the archives: Conducting Tax Return Update Meetings at the Gym Maybe Not the Best Idea

In other news:

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