Yellen names EY’s Murillo to top international tax post

Treasury Secretary Janet Yellen added an international tax policy expert to her staff as the U.S. reverses a Trump-era stance over digital taxation of technology companies. Original Article Posted at : https://www.accountingtoday.com/articles/yellen-names-eys-murillo-to-top-international-tax-post

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Warren backs more audits for rich as part of wealth tax plan

Senator Elizabeth Warren said IRS funding should be bolstered so the richest Americans get audited about once every three years as part of her proposed 2 percent annual tax on wealth in excess of $50 million. Original Article Posted at : https://www.accountingtoday.com/articles/elizabeth-warren-backs-more-audits-for-rich-as-part-of-wealth-tax-plan

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Private sector added 117K jobs in February

Employment in the private sector grew by 117,000 jobs last month, according to ADP, despite cuts at big companies, manufacturers and builders, as the economy continued its slow recovery. Original Article Posted at : https://www.accountingtoday.com/news/private-sector-added-117k-jobs-in-february

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Combined State and Federal Corporate Income Tax Rates in 2021

Corporations in the United States pay federal corporate income taxes levied at a 21 percent rate. Many states also levy taxes on corporate income. Forty-four states and D.C. have corporate income taxes on the books, with top rates ranging from North Carolina’s single rate of 2.5 percent to a top marginal rate of 11.5 percent…

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Finance and accounting fall short on diversity

The corporate finance and accounting area underperforms compared to other job functions when it comes to diversity, equity and inclusion. Original Article Posted at : https://www.accountingtoday.com/news/finance-and-accounting-fall-short-on-diversity

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Staffing: The new virtual reality

As more firms recruit remotely and beyond their geographic borders, some new hires may never need to come into the office again. Original Article Posted at : https://www.accountingtoday.com/news/staffing-the-new-virtual-reality

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