Art of Accounting: Email etiquette

While email is the most expeditious way to communicate, we have to be mindful and thoughtful about what we choose to share before clicking Send. Original Article Posted at : https://www.accountingtoday.com/list/art-of-accounting-email-etiquette

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Warren and other progressives propose ‘ultra-millionaire’ tax

Senator Elizabeth Warren, joined by Reps. Pramila Jayapal and Brendan Boyle, proposed a new wealth tax on households with a net worth of more than $50 million. Original Article Posted at : https://www.accountingtoday.com/articles/elizabeth-warren-other-progressives-propose-ultra-millionaire-tax

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Democrats shelve minimum wage tax to speed stimulus

Senate Democrats are jettisoning a proposal to use the Tax Code to penalize corporations that don’t raise the minimum wage for their lowest-paid workers in an effort to keep President Joe Biden’s broader stimulus plan on track for quick passage, according to two people familiar with the matter. Original Article Posted at : https://www.accountingtoday.com/articles/democrats-shelve-minimum-wage-tax-to-speed-work-on-stimulus

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Democrats shelve minimum wage tax to speed work on stimulus

Senate Democrats are jettisoning a proposal to use the Tax Code to penalize corporations that don’t raise the minimum wage for their lowest-paid workers in an effort to keep President Joe Biden’s broader stimulus plan on track for quick passage, according to two people familiar with the matter. Original Article Posted at : https://www.accountingtoday.com/articles/democrats-shelve-minimum-wage-tax-to-speed-work-on-stimulus

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U.S. drops digital tax demand, opening door to global deal

The U.S. has dropped a key demand in negotiations over digital taxation of technology companies such as Alphabet Inc.’s Google and Facebook Inc., lifting a barrier that had raised transatlantic trade tensions and prevented an international deal. Original Article Posted at : https://www.accountingtoday.com/articles/u-s-drops-digital-tax-demand-opening-door-to-global-deal

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Myth-busting: The move to advisory

Will Hill and Paul Miller of “The Pulse of the Practice” podcast correct some of the accounting profession’s biggest misconceptions around the shift to value-added services. Original Article Posted at : https://www.accountingtoday.com/podcast/myth-busting-the-move-to-advisory

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Ensure they’re insured

CPA financial planners should play a major role in giving life insurance advice to their clients. Original Article Posted at : https://www.accountingtoday.com/opinion/ensure-your-accounting-firm-clients-are-insured

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Renewed Calls for Severance Taxes on Bottled Spring Water

Amid a debate over water extraction from Florida’s springs, Florida Sen. Annette Taddeo (D) has introduced a bill (SB 562) which, if enacted, would establish an excise tax on water extraction beginning July 1. According to Taddeo, the 12.5 cents per gallon tax matches what water companies pay per gallon when bottling water supplied from public…

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