Paying for the pandemic: Are increased taxes the answer?

Conversations have already started about how the increased government expenditures to support citizens during the pandemic will be funded. But resisting the urge to increase taxes may be the best way to support economic growth. Original Article Posted at : https://www.accountingtoday.com/opinion/paying-for-the-pandemic-are-increased-taxes-the-answer

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Trump loses effort in appeals court to block Vance tax subpoena

A federal appeals panel rejected President Donald Trump’s latest bid to block the Manhattan district attorney from getting his tax filings and other financial records. Original Article Posted at : https://www.accountingtoday.com/articles/trump-loses-effort-in-appeals-court-to-block-vance-tax-subpoena

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GE warns of likely SEC action in probe of insurance reserves

General Electric Co. warned that it’s likely to face Securities and Exchange Commission allegations of accounting misdeeds, setting back CEO Larry Culp’s effort to put the company’s rocky past behind it. Original Article Posted at : https://www.accountingtoday.com/articles/ge-warns-of-likely-sec-action-in-probe-of-insurance-reserves

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In the blogs: Time to panic

Field audits down; streamlining taxes for social policies; bad-date boondoggle; and other highlights from our favorite tax bloggers. Original Article Posted at : https://www.accountingtoday.com/opinion/in-the-blogs-time-to-panic

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BDO adds Quantum Global Advisors

BDO USA is merging in Quantum Global Advisors LLC, a Chicago-based international insurance claim and valuation consulting practice, in a deal that’s expected to close Oct. 16. Original Article Posted at : https://www.accountingtoday.com/news/bdo-adds-quantum-global-advisors

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Expensify introduces free vendor bill-pay

Vendors can send their invoices to an email address, where Expensify will automatically scan them, present them to the business for approval, and then cut the vendor a check automatically from the user’s business bank account. Original Article Posted at : https://www.accountingtoday.com/news/expensify-introduces-free-vendor-bill-pay

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