Accounting
Sales Tax Institute names 2020 Sales Tax Nerd
The award recognizes a tax professional who is passionate about the field. Original Article Posted at : https://www.accountingtoday.com/news/sales-tax-institute-names-2020-sales-tax-nerd
Read MoreWireless Tax Burden Remains High Due to Federal Surcharge Increase
Key Findings A typical American household with four phones on a “family share” plan, paying $100 per month for taxable wireless service, can expect to pay about $270 per year in taxes, fees, and surcharges—up from $260 in 2019. Nationally, these impositions make up about 22.6 percent of the average bill—the highest rate ever. Illinois…
Read MoreBiden Proposed Raising Social Security Payroll Taxes By $740 Billion…And Still Got Elected President
An amazing thing happened in this year’s presidential election. A major party candidate proposed raising Social Security payroll taxes. And won. More than that, it…
Read MoreClairmont Paciello acquires Dreslin
Two Pennsylvania firms are combining forces. Original Article Posted at : https://www.accountingtoday.com/news/clairmont-paciello-acquires-dreslin
Read MoreWhy cybersecurity should mean everything to every tax pros
Be aware of cybersecurity best practices, both in internal operations and interactions with other companies. Original Article Posted at : https://www.accountingtoday.com/opinion/why-cybersecurity-should-mean-everything-to-every-tax-professional
Read MoreIMA releases guidance on revenue management and profitability analytics amid coronavirus
The Institute of Management Accountants has released a pair of reports on revenue management and profitability analytics as companies increasingly rely on their CFOs and accounting departments to help them survive beyond the coronavirus pandemic. Original Article Posted at : https://www.accountingtoday.com/news/ima-releases-guidance-on-revenue-management-and-profitability-analytics-amid-coronavirus
Read MoreTax planning for the end of a tumultuous year
As the end of 2020 approaches, Grant Thornton’s Dustin Stamper and Renato Zanichelli discuss tax tactics and strategies for a complicated year. Original Article Posted at : https://www.accountingtoday.com/podcast/tax-planning-for-the-end-of-a-tumultuous-year
Read MoreIRS investigating fewer tax preparers
The Internal Revenue Service’s Criminal Investigation unit has been initiating fewer investigations of abusive tax return preparers this past year, while also recommending fewer prosecutions, and seeing fewer indictments and prison sentences this year. Original Article Posted at : https://www.accountingtoday.com/news/irs-investigating-fewer-tax-preparers
Read MoreAICPA names 2020 ‘Most Powerful Women in Accounting’
Twenty-five female accounting leaders were recognized during the AICPA’s Women’s Global Leadership Summit, held virtually this year. Original Article Posted at : https://www.accountingtoday.com/news/aicpa-names-2020-most-powerful-women-in-accounting
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