Accounting
Senate Republican Coronavirus Package Is Undermined by Complexity & Impermanence
The Senate is poised to vote on a coronavirus aid relief package today, which would provide additional funding for individuals, businesses, and states combatting the pandemic. The “Delivering Immediate Relief to America’s Families, Schools, and Small Businesses Act” enters the negotiations as a Senate Republican response to multiple packages proposed by Democrats and Republicans in…
Read MoreIRS gives some answers to payroll deferral questions
But enough issues remain that employers are not over-enthusiastic about the option, experts say. Original Article Posted at : https://www.accountingtoday.com/news/irs-gives-some-answers-to-payroll-deferral-questions
Read MoreReal life is like high school, and why CPAs should care
There’s never been a better time to build client relationships. Original Article Posted at : https://www.accountingtoday.com/opinion/real-life-is-like-high-school-and-why-cpas-should-care
Read MoreRecent Changes in Statutory Corporate Income Tax Rates in Europe
Over the last two decades, corporate income tax rates have declined around the world. Today’s map shows the most recent changes in corporate tax rates in European OECD countries, comparing how combined statutory corporate income tax rates have changed between 2017 and 2020. The average tax rate of all European countries covered has declined from…
Read MoreIllinois CPA Society honors 2020 Women to Watch
The state society honored three female professionals across Experienced and Emerging Leader categories. Original Article Posted at : https://www.accountingtoday.com/news/illinois-cpa-society-honors-2020-women-to-watch
Read MoreH&R Block reports strong tax season
The coronavirus delay to July 15 helped the tax preparation chain launch its FY 2021. Original Article Posted at : https://www.accountingtoday.com/news/h-r-block-reports-strong-tax-season
Read MoreFees and income still growing at firms despite coronavirus
Accounting firms are still managing to see increases in their fees and income per partner this year, despite the economic downturn from the COVID-19 pandemic, according to the latest edition of the annual Rosenberg Survey. Original Article Posted at : https://www.accountingtoday.com/news/fees-and-income-still-growing-at-firms-despite-coronavirus
Read MoreBiden’s Plan to Address Offshoring Comes with Contradictions
Today, the Biden campaign is set to release its plans for changing U.S. cross-border tax rules. It includes several proposals with the shared goal of increasing taxes on U.S. multinational companies and attracting new investment to the U.S, although there is a tension between those goals. The campaign’s proposals for higher taxes on U.S. businesses…
Read MoreStimulus vote to test Republican unity under election pressures
Senate leaders will be trying to hold their parties together for a vote Thursday to advance a slimmed-down stimulus bill that Democrats have already rejected, with both sides jockeying for advantage in public perceptions two months before the election. Original Article Posted at : https://www.accountingtoday.com/articles/stimulus-vote-to-test-republican-unity-under-election-pressures
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