Accounting
Breakaway signs up accountants, bookkeepers and advisors as virtual CFOs
Breakaway, a startup company based in Portland, Oregon, is starting to build a network of accountants, bookkeepers and financial advisors who can act as virtual CFOs for small business clients. Original Article Posted at : https://www.accountingtoday.com/news/breakaway-signs-up-accountants-bookkeepers-and-advisors-as-virtual-cfos
Read MoreAttracting Manufacturing to the U.S. Should Start with Neutral Tax Treatment, Not Subsidies
The COVID-19 pandemic has disrupted global supply chains, worsened geopolitical tensions with China, and produced a spike in unemployment. These trends have combined to make bringing jobs back from overseas a politically valuable idea. There are several tax-related bills in Congress intended to incentivize specific industries to come back to the United States. But before…
Read MoreFuture of Wisconsin Vapor Tax Uncertain after Decision by State Supreme Court
Last Friday, the Wisconsin Supreme Court struck down several of Gov. Tony Evers’ (D) partial vetoes to the state’s biennial budget for fiscal years 2020 and 2021. Of the 78 partial vetoes issued by the governor in July 2019, four were challenged and the court struck down three. In Wisconsin, per the constitution, the governor…
Read MoreSASB teams with GRI on sustainability reporting
The Sustainability Accounting Standards Board and the Global Reporting Initiative announced a collaborative work plan to provide more clarity on how their two sets of standards can be used together. Original Article Posted at : https://www.accountingtoday.com/news/sasb-teams-with-gri-on-sustainability-reporting
Read MoreDHG introduces COVID-19 workplace re-entry framework, analytics tool
In response to the coronavirus pandemic, Dixon Hughes Goodman created a re-entry readiness framework and risk analytics platform that the firm is now offering clients. Original Article Posted at : https://www.accountingtoday.com/news/dhg-introduces-covid-19-workplace-re-entry-framework-analytics-tool
Read MoreBiden’s Plan to Boost Research and Development Should Include Cancellation of Upcoming R&D Amortization
Last week, former Vice President and presumptive Democratic presidential nominee Joe Biden released a set of economic proposals aimed at increasing investment in research & development (R&D) and “breakthrough” technology in energy. Biden should include canceling the upcoming amortization of R&D expenses in 2022, which would pair well with his plan and remove a headwind…
Read MoreDeloitte opens legal business services practice in U.S.
Deloitte has opened a legal business services practice in the U.S., expanding a line of business it has offered abroad. Original Article Posted at : https://www.accountingtoday.com/news/deloitte-opens-legal-business-services-practice-in-u-s
Read MoreArt of Accounting: Must-read books on managing a practice
Management of an accounting practice (MAP) articles and books offer a wealth of information, shared experiences, best practices and hard-learned secret sauces yet they are not taken advantage of by a large majority of accountants. Original Article Posted at : https://www.accountingtoday.com/opinion/art-of-accounting-must-read-books-on-managing-a-practice
Read MoreMillionaires ask for higher taxes to help pay for coronavirus aid
Dozens of millionaires from the U.S. and six other countries have a message for their governments: “Tax us. Tax us. Tax us.” Original Article Posted at : https://www.accountingtoday.com/articles/millionaires-ask-for-higher-taxes-to-help-pay-for-coronavirus-aid
Read More