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Swiss bank Pictet to pay $123M to end US tax case

Accounting Today

Federal prosecutors charged Pictet with conspiring to help taxpayers use 1,637 accounts to conceal assets and income from the IRS between 2008 and 2014.

Tax 195
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How Vinod Shah & Co is embracing cloud accounting to reach their paperless goal

Xero

After many years of the business going from strength to strength, Punita became a partner in 2008. He says: “I graduated around the financial crisis in 2008, and due to the state of the industry at the time I found it hard to get a graduate scheme for an accountancy firm. The journey to Making Tax Digital. Small business tips.

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Intuit Reinforces its Commitment to Fighting for Taxpayers’ Rights

Intuit

The conclusions of this study ignore facts, common sense, and what we know from our decades of helping millions of Americans file their taxes – taxpayers don’t want the tax collector, assessor, auditor, and enforcer also to be their tax preparer.

Tax 113
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The Chick-fil-A of Payroll Providers

Earmark Accounting Podcast

He discusses how his firm, HD Davis CPAs, evolved from a tax business to a full-service advisory firm and how they acquired small practices to grow. 00:00) - Preview: We want to be the Chick-fil-A of payroll providers (01:10) - Welcome and Tim's introduction (06:29) - What was your job when the 2008 financial crisis hit?

Payroll 52
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How to cut business expenses in a meaningful (and sustainable) way

Nanonets

Understanding Sustainable Cost Reduction In a McKinsey Quarterly survey , it was found that 79 percent of companies implemented cost-cutting measures in response to the global economic crisis of 2008-09. This was evident during the 2008-2009 financial crisis, as shown in McKinsey’s survey above.

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Scaling Client Accounting Services (CAS) w/ Deneen Dias

Jetpack Workflow

The transcript highlights the advancements in computer-assisted systems (CAS) since around 2008, including chat GBT, open AI, and platforms like Google’s AI. Traditionally, firms have generated revenue primarily through tax and audit services.

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Online Accountants Forums: The 14 Best

Future Firm

Accounting forums are digital communities usually populated by firm owners, CPAs, tax specialists, and other financial experts. All kinds of accounting topics, from taxes to software recommendations and business strategies can be discussed. This forum has been around since 2008 and still has decent web traffic.