Accounting Archives - Page 212 of 362

AccountingGo releases free accounting software, firm roster

The platform lists young, small firms within its software to promote and support entrepreneurship in the profession. Original Article Posted at : https://www.accountingtoday.com/news/accountinggo-releases-free-accounting-software-firm-roster

Congress Has Many Ways To Boost The Economy By Getting Cash Into People’s Pockets. Which One Is Best?

As Congress scrambles to pass another COVID-19 relief bill, it must decide how best to put money into the hands of people who are suffering…

McConnell’s stimulus waiting game turns into race against clock

Senate Majority Leader Mitch McConnell waited until a key component of U.S. coronavirus aid was about to expire before drafting the Republican version of the next major relief bill, a decision that is increasingly looking like a significant miscalculation. Original Article Posted at : https://www.accountingtoday.com/articles/mcconnells-stimulus-waiting-game-turns-into-race-against-clock

Republican plan would send more $1,200 stimulus checks in August

The 160 million Americans who got stimulus checks earlier this year would get another payment as soon as next month under a plan being negotiated by Treasury Secretary Steven Mnuchin and Senate Majority Leader Mitch McConnell. Original Article Posted at : https://www.accountingtoday.com/articles/republican-plan-would-send-more-1-200-stimulus-checks-in-august

New York and New Jersey Consider Financial Transaction Taxes

Seeking new sources of funding, New York and New Jersey—two states at the heart of global financial markets—are considering financial transaction taxes. New Jersey’s A4402 would impose a 0.25 cent tax on every financial transaction processed in the state. In New York, some lawmakers have proposed a rate as high as 5 cents per share…

Financial satisfaction fell to five-year low amid coronavirus, says AICPA

The American Institute of CPAs reported Thursday that its Personal Financial Satisfaction Index declined 55 percent in the second quarter of the year, a level not seen since 2015, as the COVID-19 pandemic continued to ravage consumer finances. Original Article Posted at : https://www.accountingtoday.com/news/financial-satisfaction-fell-to-five-year-low-amid-coronavirus-says-aicpa

Tax Fraud Blotter: Know when to hold ’em

Workin’ on the highway; school’s out; paycheck re-route; and other highlights of recent tax cases. Original Article Posted at : https://www.accountingtoday.com/news/tax-fraud-blotter-know-when-to-hold-em

M&A roundup: Sikich, BPM and Williams-Keepers expand

Sikich acquires Heinold Banwart; BPM merges in Warnick, Maestas & Maroney; and Williams-Keepers acquires Mid-Missouri Accounting Services. Original Article Posted at : https://www.accountingtoday.com/list/m-a-roundup-sikich-bpm-and-williams-keepers-expand

The IRS Delivered Economic Impact Payments In Record Time, So Why Haven’t Some Needy Families Gotten Their Money?

With Congress about to debate a second round of stimulus payments for tens of millions of people, it is important to review some lessons about…