A Carbon Tax to Make the TCJA’s Individual Provisions Permanent

Key Findings At the end of 2025, most individual income tax provisions of the Tax Cuts and Jobs Act (TCJA) will expire, increasing taxes on individuals. Making these provisions permanent is estimated to reduce federal tax revenues by $176 billion annually (in 2021 dollars). While making these provisions permanent would increase the long-run size of…

Read More

QuickBooks Online and Amazon Business now integrate

Small businesses using both platforms can now automate purchase reconciliation and categorization when making purchases on Amazon Business. Original Article Posted at : https://www.accountingtoday.com/news/quickbooks-online-and-amazon-business-now-integrate

Read More

In the blogs: Getting serious

More bucks for the IRS; deductible haircuts; virtues of virtual learning; and other highlights from our favorite tax bloggers. Original Article Posted at : https://www.accountingtoday.com/opinion/in-the-blogs-getting-serious

Read More

Voters in Four States to Vote on Recreational Marijuana

Legalizing recreational marijuana is a hot topic in many states where the state budgets are in disarray because of the coronavirus pandemic and new revenue sources are being sought. Combined with a desire to decriminalize marijuana, the zeitgeist is ideal for legalization. This Election Day, voters in Arizona, Montana, New Jersey, and South Dakota will consider legalization and…

Read More

Small businesses hired slightly more in September, says Paychex

Small business employment and hours worked grew a bit in September, especially in the Northeast and within the construction industry, according to the latest monthly report from payroll giant Paychex. Original Article Posted at : https://www.accountingtoday.com/news/small-businesses-hired-slightly-more-in-september-says-paychex

Read More