Accounting
President Biden’s No Tax Hike Pledge Problem
Nobody making under 400,000 bucks would have their taxes raised. Period. Bingo. – Joe Biden, May 22, 2020 Enacting good tax policy is hard under…
Read MoreACCA report shares experiences of women finance pros worldwide
Published by the Association of Chartered Certified Accountants, “Leading Inclusion: Simple Steps and Significant Leaps” details the successful journeys of women finance professionals globally. ]] Original Article Posted at : https://www.accountingtoday.com/news/acca-shares-women-finance-pros-journeys-in-new-report
Read MoreGermany’s post-Wirecard audit reform drive starts to lose steam
Initial enthusiasm for change inspired by the country’s biggest postwar accounting scandal is waning in the face of political opposition. ]] Original Article Posted at : https://www.accountingtoday.com/articles/germanys-post-wirecard-audit-reform-drive-starts-to-lose-steam
Read MoreYellen pledges to work with Congress to ease SALT cap
The Treasury Secretary said the limitation on state and local tax write-offs causes ‘disparate treatment’ across taxpayers. ]] Original Article Posted at : https://www.accountingtoday.com/articles/yellen-pledges-to-work-with-congress-on-ways-to-ease-salt-cap
Read MoreHow the CARES Act Shifted the Composition of Tax Expenditures Towards Individuals
In November 2020, the Joint Committee on Taxation (JCT) released its annual report on expenditures in the tax code, showing a total of almost $1.8 trillion in 2020, up from $1.5 trillion in 2018. Much of that roughly $1.8 trillion was due to tax relief provided by the CARES Act—and reflect the policy choice to…
Read MoreBiden’s likely tax wins are personal-rate hikes, audits of rich
Democrats will likely prove successful in raising individual income tax rates and in strengthening audits of wealthy Americans as they work on overhauling the U.S. Tax Code in coming months. ]] Original Article Posted at : https://www.accountingtoday.com/articles/bidens-likely-tax-wins-are-personal-rate-hikes-audits-of-rich
Read MoreArmanino and Thomson Reuters partner to help SMB tax clients
Separately, Armanino recently achieved certification as a B Corporation ]] Original Article Posted at : https://www.accountingtoday.com/news/armanino-and-thomson-reuters-partner-to-help-tax-clients
Read MoreBQE Software secures growth investment for accounting suite
Serent Capital will also help BQE pursue strategic acquisitions in the professional services automation market worldwide. ]] Original Article Posted at : https://www.accountingtoday.com/news/bqe-software-secures-growth-investment-for-accounting-suite
Read MoreQuadient acquires Beanworks
Following the acquisition of accounts receivable automation market leader YayPay in 2020, Quadient’s acquisition of Beanworks brings advanced cloud-based AP automation capabilities to Quadient’s business communications management suite. ]] Original Article Posted at : https://www.accountingtoday.com/news/quadient-acquires-beanworks
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