Accounting
BDO continues to do M&A deals despite pandemic
The COVID-19 pandemic isn’t stopping BDO USA from pursuing a constant series of M&A deals in recent years, although the latest one had to be mostly negotiated at a safe distance. Original Article Posted at : https://www.accountingtoday.com/news/bdo-continues-to-do-m-a-deals-despite-pandemic
Read MoreEuropean Countries Might Consider Scrapping the Bank Tax for Greater Financial Support
After the 20007-2008 financial crisis, countries were pressed to tax the financial sector to compensate and partly recover the fiscal assistance governments offered to support the sector. However, in the wake of the coronavirus (COVID-19) crisis, some governments are seeking to cut bank taxes to enhance financial support to businesses and public investment projects. While…
Read MoreACCA sees long-term impact from coronavirus on organizations
The COVID-19 pandemic is likely to lead to long-term consequences for organizations, according to a survey of accountants around the world by the Association of Chartered Certified Accountants. Original Article Posted at : https://www.accountingtoday.com/news/acca-sees-long-term-impact-from-coronavirus-on-organizations
Read MoreThree Reasons Expanding Credits Aren’t the Best Pandemic Response for the Vulnerable
Tax policy wonks often advocate for increases in refundable tax credits (e.g., Child Tax Credit, CTC and Earned Income Tax Credit, EITC) and nonrefundable tax credits (Child and Dependent Care Tax Credit, CDCTC) as one solution to help low-income Americans. Arguments in favor of expanding these tax credits appear during economic expansions and contractions alike.…
Read MoreIRS finalizes rules for impact of 199A deduction on REIT dividends
The Internal Revenue Service released final regulations Wednesday on how a regulated investment company that receives qualified real estate investment trust dividends should report the dividends paid by the company to its shareholders in accordance with section 199A of the Tax Code, which allows the investors to take a hefty deduction. Original Article Posted at…
Read MoreWine Taxes in Europe
This is the beginning of a map series in which we’ll explore different types of excise taxes, starting with excise duties on wine. If you have ever wondered about the tax consequences of opening a bottle of wine—yes, there is a tax angle to everything—today’s map will provide you with some insights. As one might…
Read MoreHow High are Wine Taxes in Your State?
Whether you’re a self-appointed connoisseur or an occasional sipper of chardonnay, you may not have thought about the taxes that go into your wine purchase. But now you can quench your newly found thirst for excise tax info with this week’s map, which compares wine taxes among the 50 states, expressed in dollars per gallon.…
Read More4 ways HR outsourcing can help your clients get back to business after coronavirus
As businesses plan for reopening following the coronavirus (COVID-19) pandemic, your firm may be wondering how you can best advise clients on safety and HR-related topics during this time. Original Article Posted at : https://www.accountingtoday.com/list/4-ways-hr-outsourcing-can-help-your-clients-get-back-to-business-after-coronavirus
Read MoreAccounting Today accepting 2020 MP Elite submissions
The annual list recognizes top leaders from accounting firms across the country. Original Article Posted at : https://www.accountingtoday.com/news/accounting-today-accepting-2020-mp-elite-submissions
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