Accounting
People & firms on the move: Yeo & Yeo names next president & CEO
Woodard Events reschedules Scaling New Heights conference; FICPA appoints new president; and more CPA news. Original Article Posted at : https://www.accountingtoday.com/list/people-firms-on-the-move-yeo-yeo-names-next-president-ceo
Read MoreManhattan prosecutor probing Trump taxes won’t seek re-election
Manhattan District Attorney Cyrus Vance Jr., who is overseeing a criminal investigation that poses one of the biggest legal threats to former President Donald Trump, won’t seek re-election. Original Article Posted at : https://www.accountingtoday.com/articles/manhattan-prosecutor-probing-trump-taxes-wont-seek-re-election
Read MoreBiden’s $1.9T bill tees up stimulus payments as soon as weekend
The president’s first major legislative achievement will offer aid to tens of millions of individuals, businesses, and state and local governments. Original Article Posted at : https://www.accountingtoday.com/articles/bidens-1-9t-bill-tees-up-stimulus-payments-as-soon-as-weekend
Read MoreTax refunds plunge 32% in slow-moving IRS filing season
Just under a month into federal tax filing season, the IRS reported a 32 percent slide in the number of refunds sent out compared with last year, showcasing delays that have spurred Democrats to call for postponing the traditional April 15 deadline. Original Article Posted at : https://www.accountingtoday.com/articles/tax-refunds-plunge-32-in-slow-moving-irs-filing-season
Read MoreBiden signs American Rescue Plan into law, expanding tax credits
President Biden signed the American Rescue Plan Act into law Thursday, triggering the release of $1,400 Economic Impact Payments along with tax breaks for stimulating the economy. Original Article Posted at : https://www.accountingtoday.com/news/biden-signs-american-rescue-plan-into-law-expanding-tax-credits
Read MoreTax Fraud Blotter: Rep rap
UnReliable; Terminated; the wire tap; and other highlights of recent tax cases. Original Article Posted at : https://www.accountingtoday.com/news/tax-fraud-blotter-rep-rap
Read MoreWyden’s Energy Tax Proposal a Mixed Bag
With the $1.9 trillion American Rescue Act package signed into law, lawmakers are looking for the next issue to tackle. As the Biden administration turns toward infrastructure, Sen. Ron Wyden (D-Or.) has suggested including reforms to the way the tax code subsidizes energy production in such a package. Wyden introduced the Clean Energy for America…
Read MoreCOVID relief bill’s tax, cash benefits can apply to some wealthy clients
It’s not just $1,400 checks. Here’s what advisors need to know about other financial perks in the massive stimulus package. Original Article Posted at : https://www.accountingtoday.com/news/covid-stimulus-bills-tax-perks-cash-benefits-can-go-to-some-wealthy-clients
Read MoreAre your clients doing business in California? They’d better know the tax ramifications
For companies not based in California, a determination that they are “doing business” in California, even without a physical presence, can trigger registration, reporting and tax obligations. Original Article Posted at : https://www.accountingtoday.com/opinion/are-your-clients-doing-business-in-california-theyd-better-know-the-tax-ramifications
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