Accounting
How to ask questions at work: A guide you didn’t ask for, but now need more than ever
In this confusing time, the ability to ask questions at work becomes all the more important. Original Article Posted at : https://www.accountingtoday.com/opinion/how-to-ask-questions-at-work-a-guide-you-didnt-ask-for-but-now-need-more-than-ever
Read MoreGovernment Payments Will Help Families But May Not Boost The Coronavirus Economy Much
Democrats and Republicans seem to be reaching a growing consensus that one way the federal government can respond to the coronavirus pandemic is to send…
Read MoreKPMG partners with Thomson Reuters, universities on interactive case study
The Big Four firm helped modernize the skills of students at three schools, with plans to reach more schools throughout 2020. Original Article Posted at : https://www.accountingtoday.com/news/kpmg-partners-with-thomson-reuters-universities-on-interactive-case-study
Read MoreAutomating and synchronizing forward-looking financial statements
The first quarter is quickly coming to an end, and finance teams around the country are busy preparing for questions from the board. Original Article Posted at : https://www.accountingtoday.com/opinion/automating-and-synchronizing-forward-looking-financial-statements
Read MoreFederal Proposal to Levy Excise Tax on Spring Water Extraction
Representative Debbie Wasserman Schultz (D-FL) is proposing to levy a federal excise tax on spring water extraction—also known as a severance tax. Her bill, Save Our Spring Act of 2020, would impose a tax of $0.06 per gallon of water extracted from springs or underground water sources for use as bottled drinking water. Revenue from…
Read MoreVirus-panicked jury rushed polygamist tax case, defense says
Businessman Lev Dermen, 53, was found guilty Monday as part of a scheme to cheat the IRS out of $512 million through a program designed to promote clean fuels. Original Article Posted at : https://www.accountingtoday.com/articles/virus-panicked-jury-rushed-polygamist-tax-case-defense-says
Read MoreIf We Give Everybody Cash To Boost The Coronavirus Economy, Let’s Tax It
Giving people cash is a great way to soften COVID-19’s economic blow. But it’s sparked a classic debate. Should the federal government give money to…
Read MoreAnalysis of Capital Gains Tax Proposals Among Democratic Presidential Candidates
Key Findings Income earned from appreciating assets—rather than wages—constitutes a large portion of income for taxpayers in the highest income brackets. Democratic presidential candidates have suggested that long-term capital gains and dividends income earned by the wealthiest Americans should be taxed at ordinary income tax rates rather than the preferential rates. Raising capital gains rates…
Read MoreIn the blogs: The Rona
Extensions; H.R. 6201; OICs; and other highlights from our favorite tax bloggers. Original Article Posted at : https://www.accountingtoday.com/opinion/in-the-blogs-the-rona
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