Accounting

Blumshapiro Foundation donates $24K to support New England food banks; and the Georgia Society 7th annual Georgia Accounting Food Fight goes virtual to end hunger. Original Article Posted at : https://www.accountingtoday.com/list/firms-giving-back-grant-thornton-names-purple-paladin-recipient

The new capabilities automatically calculate the monthly amortization, remaining balance, and full account reconciliation required for prepaid expense and simple deferred revenue accounts. Original Article Posted at : https://www.accountingtoday.com/news/floqast-adds-amortization-automation-and-is-hiring

There’s little chance of agreement on a new federal coronavirus relief plan without a compromise on the roughly $1 trillion in aid to beleaguered state and local governments that Democrats demand and the White House opposes. Original Article Posted at : https://www.accountingtoday.com/articles/stimulus-talks-are-stuck-in-1t-ditch-over-aid-to-states

FICPA welcomes next class to emerging leaders program; Anders adds St. Louis firm; and more CPA news. Original Article Posted at : https://www.accountingtoday.com/list/people-firms-on-the-move-dembo-jones-names-co-ceos-and-cfo

Daily fantasy sports companies must pay federal excise tax on their entry fees, the IRS has decided, according to an internal memo that could cause a major shakeup in the industry. Original Article Posted at : https://www.accountingtoday.com/articles/draftkings-fanduel-fees-deemed-taxable-in-landmark-irs-memo

Reaching across the Isle; room disservice; game of tag; and other highlights of recent tax cases. Original Article Posted at : https://www.accountingtoday.com/news/tax-fraud-blotter-well-dressed-thieves