Accounting
Selling art? Don’t forget the taxes
Taxation of income from art sales is complicated by who, exactly, the seller is. Original Article Posted at : https://www.accountingtoday.com/opinion/selling-art-dont-forget-the-taxes
Read MoreIs it too late to move to the cloud?
Withum’s Jim Bourke breaks down which of your firm’s applications can be swapped to web-based versions right now, and which you’ll have to wait for later. Original Article Posted at : https://www.accountingtoday.com/podcast/is-it-too-late-to-move-to-the-cloud
Read MoreBetter Every Day: Think bigger about firm communications
An advanced website platform and larger-scale communications strategy are critical going forward. Original Article Posted at : https://www.accountingtoday.com/opinion/better-every-day-think-bigger-about-firm-communications
Read MoreDesigning a State and Local Government Relief Package
Key Findings The COVID-19 pandemic and the attendant economic contraction will wreak havoc on state and local tax revenues, with projections of a 15-20 percent decline in state revenues. Lawmakers and governmental associations have called for between $300 billion and $1 trillion in state and local aid. As much as $535 billion of the nearly…
Read MoreTax 101: Expenses Reimbursed With COVID-19 Aid Should Not Be Deductible
Treasury Secretary Steven Mnuchin and the IRS are right: Because the hundreds of billions of dollars the businesses are getting through the Coronavirus Aid, Relief,…
Read MoreNavigating uncharted waters: Responding to the business impact of COVID-19
Despite this unprecedented crisis, organizations are responding with determination, purpose and compassion. Original Article Posted at : https://www.accountingtoday.com/opinion/navigating-uncharted-waters-responding-to-the-business-impact-of-covid-19
Read MoreTaxpayers have until May 13 to register for coronavirus stimulus direct deposit
The Internal Revenue Service is giving taxpayers who want to receive their economic impact payments by direct deposit a tight deadline. Original Article Posted at : https://www.accountingtoday.com/news/irs-gives-taxpayers-until-may-13-to-register-for-coronavirus-stimulus-payment-direct-deposit
Read MoreGASB delays upcoming standards and guidance due to coronavirus
The Governmental Accounting Standards Board is postponing the effective dates of many of its pronouncements and implementation guides for 12 to 18 months to provide some breathing room for accountants. Original Article Posted at : https://www.accountingtoday.com/news/gasb-delays-upcoming-standards-and-guidance-due-to-coronavirus
Read More5 tips for onboarding clients to a technology stack
Accounting leaders weigh in on how to tackle the onboarding process. Original Article Posted at : https://www.accountingtoday.com/list/accountants-share-5-tips-for-onboarding-clients-to-a-technology-stack
Read More