Accounting
Trump perks for CFO included free rent, tax preparer
When Trump Organization CFO Allen Weisselberg’s son got married in 2004, the young couple got a generous wedding gift: use of an apartment, overlooking Central Park, rent-free. Original Article Posted at : https://www.accountingtoday.com/articles/trump-perks-for-weisselbergs-included-free-rent-tax-preparer
Read MoreBipartisan House Bill Introduced to Further Encourage Retirement Savings
Last week, Ways and Means Committee Chairman Richard E. Neal (D-MA) and Ranking Member Kevin Brady (R-TX) introduced legislation to encourage saving for retirement. The bill, titled Securing a Strong Retirement Act, offers more than 30 changes to simplify and expand the use of different types of retirement accounts. This proposal builds on the SECURE…
Read MoreCritical skills to tackle uncertainty
Firms need to sharpen their abilities in these four areas. Original Article Posted at : https://www.accountingtoday.com/opinion/critical-skills-to-tackle-uncertainty
Read MoreSoftware Survey: Staying in touch with CRM
Intensively managing client relationships is more important than ever — and there are tools to help. Original Article Posted at : https://www.accountingtoday.com/news/software-survey-staying-in-touch-with-crm
Read MoreCamico deal with CPA Mutual was a long time coming
The agreement between Camico and CPA Mutual to transfer the Accountants Professional Liability Insurance Program to Camico represents the collaboration of two mutual insurance companies, both founded by CPAs, to provide customized liability insurance to CPAs. Original Article Posted at : https://www.accountingtoday.com/news/camico-deal-with-cpa-mutual-was-a-long-time-coming
Read MoreTax reform may be coming after election
The outcome of Tuesday’s election could be profound tax changes, but that’s only if one party wins control of both houses of Congress and the White House. Original Article Posted at : https://www.accountingtoday.com/news/tax-reform-may-be-coming-after-election
Read MoreTracking 2020 State and Local Tax Ballot Measure Results
Our state policy team recently compiled and analyzed the most notable 2020 ballot measures, including proposed income tax changes (Arizona Proposition 208, Colorado Proposition 116, Illinois Allow for Graduated Income Tax Amendment), property tax changes (California Proposition 15, Colorado Amendment B,) and excise tax changes (Arizona Proposition 207, Colorado Proposition EE, Montana I-190, New Jersey…
Read MoreSpain’s Recovery Budget Comes with Tax Hikes
Spanish taxpayers are facing several tax hikes in addition to the two major taxes—a financial transactions tax (FTT) and a digital services tax (DST)—approved by Spain’s upper house less than two weeks ago. The coalition government this week presented the 2021 budget which includes a 53 percent increase in non-financial public spending from last year,…
Read MoreIRS issues details on W-2 reporting on payroll tax deferral
The Internal Revenue Service has posted instructions for both employers and employees about how to handle the Form W-2 reporting for the payroll tax deferral under President Trump’s executive action. Original Article Posted at : https://www.accountingtoday.com/news/irs-issues-details-on-w-2-reporting-on-payroll-tax-deferral
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