Accounting
Senate Direct Payment Design Would Create High Implicit Marginal Tax Rates
As part of congressional negotiations this week over President Biden’s $1.9 trillion coronavirus relief package, the Senate Democrats’ compromise of faster phaseout rates to be eligible for checks will create high marginal tax rates on taxpayers over a narrow range of income. This change makes the direct payments more targeted to those in need but…
Read MoreFranklin University, Ohio Society partner on continuing ed
The Columbus, Ohio-based university will develop online training courses for CPAs throughout the state. Original Article Posted at : https://www.accountingtoday.com/news/franklin-university-ohio-society-of-cpas-partner-on-continuing-education-courses
Read MoreFrom Panama to Big Four partner: Conquering personal and professional challenges
Whenever anyone asks me how long I’ve been with Ernst & Young LLP, I’m always tempted to answer, “Since I was 14.” Original Article Posted at : https://www.accountingtoday.com/opinion/from-panama-to-big-four-partner-conquering-personal-and-professional-challenges
Read MorePeople & firms on the move: Grant Thornton names first chief risk and compliance officer
CalCPA adds new membership category; Maxwell Locke & Ritter celebrates 30 years; and more CPA news. Original Article Posted at : https://www.accountingtoday.com/list/people-firms-on-the-move-grant-thornton-names-first-chief-risk-and-compliance-officer
Read MoreWE Charity leaves a trail of enraged, grieving donors
A donor has asked the IRS to open a fraud investigation into a nonprofit that builds schools in Africa, and for Canada’s federal police to seize its records. Original Article Posted at : https://www.accountingtoday.com/articles/we-charitys-actions-leave-a-trail-of-enraged-grieving-donors
Read MoreN.Y. tax and budget deadline converge with Cuomo scandals
Emboldened New York lawmakers could take on a politically weakened Governor Andrew Cuomo to push their own budget agenda, including a more progressive tax policy targeting the ultra-wealthy. Original Article Posted at : https://www.accountingtoday.com/articles/n-y-tax-and-budget-deadline-converge-with-cuomo-scandals
Read MoreCuomo scandals embolden N.Y. legislature on tax plans
New York lawmakers could take on a politically weakened governor to push their own budget agenda, including a more progressive tax policy targeting the ultra-wealthy. Original Article Posted at : https://www.accountingtoday.com/articles/n-y-tax-and-budget-deadline-converge-with-cuomo-scandals
Read MoreEmployers added 389K jobs in February, but cut 1.5K in accounting
Employment increased by a robust 379,000 jobs in February, the U.S. Bureau of Labor Statistics reported Friday, although there was a drop in accounting and bookkeeping services positions. Original Article Posted at : https://www.accountingtoday.com/news/employers-added-389k-jobs-in-february-but-cut-1-5k-in-accounting
Read MoreEmployers added 379K jobs in February, but cut 1.5K in accounting
The unemployment rate slipped to 6.2 percent , the U.S. Bureau of Labor Statistics reported Friday, although there was a drop in positions in accounting and bookkeeping services. Original Article Posted at : https://www.accountingtoday.com/news/employers-added-389k-jobs-in-february-but-cut-1-5k-in-accounting
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