Accounting
2 key tax things an advisor can do for clients this filing season
Roth conversions and backdoor Roths ease COVID financial pain for wealthy earners this tax season Original Article Posted at : https://www.accountingtoday.com/news/roth-iras-ease-covid-financial-pain-for-high-earners-this-tax-season
Read MoreGlobal securities watchdog targets greenwashing in ESG plan
Global organizations that set corporate reporting standards failed to keep pace with the ESG boom, opening the door to greenwashing, mispricing and bubbles, according to one such group. Original Article Posted at : https://www.accountingtoday.com/articles/global-securities-watchdog-targets-greenwashing-in-esg-plan
Read MoreKentucky’s Century-Old Gas Tax Is Failing to Keep Up with Road Funding Needs
For the fourth year in a row, a comprehensive infrastructure funding reform bill has been introduced in Kentucky, with the centerpiece being a gas tax increase of 8.6 cents per gallon (cpg). Like many states, Kentucky faces a backlog of road maintenance and construction projects, and existing transportation taxes and user fees are failing to…
Read MoreA UBS whistleblower, a meeting at a boutique and a record fine
UBS Group AG questioned investigators’ dealings with a whistleblower who provided documents and evidence about an event for wealthy clients at the French Open that helped lead to a record 4.5 billion-euro ($5.4 billion) penalty. Original Article Posted at : https://www.accountingtoday.com/articles/a-ubs-whistleblower-a-meeting-at-a-boutique-and-a-record-fine
Read MoreCOVID-19 highlights financial planning opportunities this tax season
Now is a great time to start helping clients plan for their financial futures. Original Article Posted at : https://www.accountingtoday.com/opinion/covid-19-highlights-financial-planning-opportunities-this-tax-season
Read MoreMomentum builds for delaying tax deadline
Leaders of the House Ways and Means Committee and accounting groups are calling for extending the tax deadline to give the IRS, taxpayers and tax professionals an extra three months. Original Article Posted at : https://www.accountingtoday.com/news/momentum-builds-for-delaying-tax-deadline-until-july-15
Read MoreFICPA appoints new president and CEO
The Florida Institute of CPAs has tapped association executive Shelly Weir as its new president and CEO. Original Article Posted at : https://www.accountingtoday.com/news/ficpa-appoints-new-president-and-ceo
Read MoreIFRS Foundation moves ahead on international sustainability standards board
The International Financial Accounting Standards Foundation is pushing forward on a proposal to set up an international sustainability standards board it would oversee along with the International Accounting Standards Board. Original Article Posted at : https://www.accountingtoday.com/news/ifrs-foundation-moves-ahead-on-international-sustainability-standards-board
Read MoreTo Understand How COVID-19 Affected States, Compare Governors’ New Budgets to Their Pre-Pandemic Plans
In a new analysis , the Tax Policy Center’s State and Local Finance Initiative compared governors’ fiscal year (FY) 2022 budget proposals with their state’s…
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