Accounting
12 strategies for thriving after the coronavirus
Gary Boom, Allan Koltin and Gary Shamis share their top tips to help navigate the pandemic — and the uncertain period beyond it. Original Article Posted at : https://www.accountingtoday.com/list/12-strategies-for-having-a-thriving-accounting-firm-after-the-coronavirus
Read MoreD.C. Council to Consider Tax Hike Despite Balanced Budget
Many in the District of Columbia breathed a sigh of relief when Mayor Muriel Bowser (D) unveiled a balanced budget that managed to avoid painful spending cuts or raise taxes in the midst of the COVID-19 pandemic. Although the budget delayed some new spending and does include cuts to operating budgets, it represents a belt-tightening…
Read MoreIRS offers reprieve on New Markets Tax Credit transactions delayed by coronavirus
The Internal Revenue Service and the Treasury Department gave tax relief to businesses and investors who were engaged in New Markets Tax Credit transactions but couldn’t get them done in time due to the COVID-19 pandemic. Original Article Posted at : https://www.accountingtoday.com/news/irs-offers-reprieve-on-new-markets-tax-credit-transactions-delayed-by-coronavirus
Read MoreIRS urged to pursue tax preparers with overdue returns, debts and penalties
The Internal Revenue Service should make more of a priority of going after tax preparers who haven’t filed their own tax returns or paid their tax liabilities and penalties, according to a new report. Original Article Posted at : https://www.accountingtoday.com/news/irs-urged-to-pursue-tax-preparers-with-overdue-returns-debts-and-penalties
Read MoreCFOs worried about second wave of coronavirus
CFOs are concerned about a new wave of COVID-19 infections leading to a further economic downturn, according to a survey Monday from PricewaterhouseCoopers, as their companies also confront issues related to racial inequality amid the Black Lives Matter protests. Original Article Posted at : https://www.accountingtoday.com/news/cfos-worried-about-second-wave-of-coronavirus
Read MoreThe impact of coronavirus on firm valuations
The pandemic may not be changing the M&A landscape in the ways you expect, says Transition Advisors’ Joel Sinkin as he dives into what’s different, and how. Original Article Posted at : https://www.accountingtoday.com/podcast/the-impact-of-coronavirus-on-firm-valuations
Read MoreArt of Accounting: Staff shadowing
If staff do not learn, they won’t grow and neither will the firm. Original Article Posted at : https://www.accountingtoday.com/opinion/art-of-accounting-staff-shadowing
Read MoreFor less than $400K you can now get Uruguay tax residency
Uruguay will soon be even more welcoming to wealthy foreigners looking for a new home following a presidential decree that makes it cheaper to obtain tax residency in the South American country. Original Article Posted at : https://www.accountingtoday.com/articles/for-less-than-400k-you-can-now-get-uruguay-tax-residency
Read MoreMega-rich urged to unleash $121B for desperate charities
Nonprofits, lawmakers and others want to see more giving from fund donor-advised funds, which have grown popular recently because they’re so flexible. Original Article Posted at : https://www.accountingtoday.com/articles/mega-rich-urged-to-unleash-121b-for-desperate-charities
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