
Riches in Niches: Navigating change
accountingtoday.com > news...Since Florida-based Aviation CPAs focuses entirely on services involving aircraft usage, general manager Shayne Gutierrez said they run into little... ...company aircraft for personal reasons are exposed to a specific tax, because doing so is considered a fringe benefit, and both the company and the pilot... ...Reporting agencies such as the Federal Aviation Administration and the Internal Revenue Service have their own rules regarding aircraft, and the... ...The firm is regularly in contact with the National Business Aviation Association, which collects and interprets data related to the industry to promote...

Think customers trust you? Think again, says PwC
accountingtoday.com > news...Customers don't trust businesses anywhere near as much as executives think, according to a new report from PwC.... ...While 84% of business executives think consumers highly trust their companies, only 27% of consumers do, according to the Big Four firm's "PwC 2023... ...and customers," said Wes Bricker, PwC vice chair and U.S.... ...According to Bricker, it is in that mindset that PwC decided to focus on trust when it reorganized its firm in September 2021 between Trust and Consulting...

This is not another banking crisis, analysts say it's "sentiment contagion" instead
cnbc.com...-based Silicon Valley Bank, the biggest bank failure since the global financial crisis, and the emergency rescue of Credit Suisse by Swiss rival... ...-based Silicon Valley Bank, the biggest bank failure since the global financial crisis, sparked a sell-off in banking stocks as contagion fears spread... ..."This isn't like Lehman Brothers subject to counterparty risk in complex derivatives during the subprime mortgage crisis," Sara Devereux, global... ...The market panic appeared to subside Monday after First Citizens agreed to buy a large chunk of failed Silicon Valley Bank's assets....

Stocks making the biggest moves premarket: Pinterest, First Citizens, Caterpillar & more
cnbc.com...Pinterest -- Pinterest gained 4.3% after UBS upgraded the social media stock to buy and said shares could pop more than 25% as the company improves... ...First Citizens BancShares -- Shares popped 40% on news that First Citizens will buy around $72 billion of Silicon Valley Bank assets at a discount... ...Caterpillar -- Shares dropped 1.2% after Baird downgraded the machinery company to underperform, citing potential headwinds driven by a "meaningful...

Private equity deals in Asia plunged 44% in 2022. More uncertainty may be ahead
cnbc.com...Asia-Pacific's private equity market plummeted last year -- as investors" appetite for risk fell in the face of inflation and geopolitical tensions... ...Stock picks and investing trends from CNBC Pro:.... ..."For more than a decade, the Internet and tech sector has attracted the largest share of private equity capital in the Asia-Pacific region....

Here's why the U.S. had to sweeten terms to get the SVB sale done
cnbc.com...The government seized SVB on March 10 and later extended the deadline for its assets.... ...All told, the SVB failure will cost the FDIC's Deposit Insurance Fund about $20 billion, the agency said....

Dirty (Half) Dozen: Watch for these red flags when choosing a tax ...
thetaxadviser.com > news > mar...their IRS preparer tax identification number (PTIN) as required by law, the agency said in a release.... ...Watch for these red flags when choosing a tax preparer.... ...Danny Werfel.... ...theft....

Dirty (Half) Dozen: Watch for these red flags when choosing a tax ...
journalofaccountancy.com > news > mar...their IRS preparer tax identification number (PTIN) as required by law, the agency said in a release.... ...Watch for these red flags when choosing a tax preparer.... ...Danny Werfel.... ...theft....

How To Check Income Tax Refund, TDS And Other Details Using AIS for Taxpayer App
news18.com > business > tax...The Income Tax Department has launched a mobile app, namely, "AIS for Taxpayer" to facilitate taxpayers to view their information as available in... ...How To Check Income Tax Refund, TDS And Other Details Using AIS for Taxpayer App.... ..."AIS for Taxpayer" is a mobile application provided free of cost by the Income Tax Department, and is available on Google Play and App Store.... ...Taxpayers can use the mobile app to view their information related to TDS/TCS, interest, dividends, share transactions, tax payments, Income Tax...

PCAOB fines Friedman $100K for improper use of Chinese audit firms
accountingtoday.com > news...The Public Company Accounting Oversight Board levied a $100,000 fine and censured Friedman LLP, a former Top 100 Firm that's now part of Marcum LLP... ...In a settled disciplinary order released Monday, the PCAOB sanctioned the New York-based firm for for failing to reasonably supervise unregistered... ...The PCAOB found that Friedman allowed two unregistered accounting firms based in China -- Peking Certified Public Accountants and Beijing Baijielai... ...Public Company Accounting Oversight Board while conducting audits of two public companies from 2017 through 2020....