Ex-policeman who killed George Floyd charged with tax evasion

Derek Chauvin, the former Minneapolis police officer who was fired for kneeling on the neck of George Floyd until he died, sparking worldwide protests, has been charged with multiple counts of felony tax evasion over five years. Original Article Posted at : https://www.accountingtoday.com/news/ex-policeman-derek-chauvin-who-killed-george-floyd-charged-with-tax-evasion

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Transition planning, no matter what circumstances

Transition in CPA firms is a process that has passed the test of time and has been managed in good times and bad. Original Article Posted at : https://www.accountingtoday.com/opinion/transition-planning-no-matter-what-circumstances

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Ex-Wirecard CEO rearrested on claims he hid losses for years

Former Wirecard AG Chief Executive Officer Markus Braun and two other former officials were arrested as prosecutors said the company knew about massive losses as early as 2015. Original Article Posted at : https://www.accountingtoday.com/articles/ex-wirecard-ceo-rearrested-on-claims-he-hid-losses-for-years

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Engage 2020: A 12-step plan to combat racism and bias

Kimberly Ellison-Taylor, past chairman of the Association of International CPA’s and the American Institute of CPA’s, on why firms need to be “willing to be uncomfortable.” Original Article Posted at : https://www.accountingtoday.com/news/engage-2020-a-12-step-plan-to-combat-racism-and-bias

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Trump, GOP look to McConnell to reconcile stimulus disputes

Republicans and the White House are counting on Senate Majority Leader Mitch McConnell reconciling GOP differences with a draft coronavirus relief package that they can take into negotiations with congressional Democrats. Original Article Posted at : https://www.accountingtoday.com/articles/trump-gop-look-to-mcconnell-to-reconcile-stimulus-disputes

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3 strategies for rethinking team productivity

The coronavirus pandemic means firms need to rethink meetings, communications and staff wellbeing. Original Article Posted at : https://www.accountingtoday.com/opinion/3-strategies-for-rethinking-team-productivity

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1980s Tax Reform, Cost Recovery, and the Real Estate Industry: Lessons for Today

Key Findings Allowing companies to fully and immediately deduct investments in structures is one of the most cost-efficient ways lawmakers can stimulate investment, create jobs, and boost GDP during a post-pandemic recovery. Changes to depreciation schedules in the two pieces of major tax legislation in the 1980s influenced investment in real estate and have since…

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