Accounting
Tax Cuts Won’t Treat the Coronavirus or Rebuild Broken Supply Chains
President Trump and some members of Congress are floating the idea of new tax cuts to respond to the growing threat of the novel Coronavirus…
Read MoreKPMG names next CEO
Paul Knopp will take the helm at the Big Four firm on July 1, 2020. Original Article Posted at : https://www.accountingtoday.com/news/kpmg-names-next-ceo
Read MoreDeloitte, Prager Metis top the charts in 2019 SEC audit clients
As with 2018, mergers made a major difference for many auditing firms – but not all. Original Article Posted at : https://www.accountingtoday.com/news/deloitte-prager-metis-top-the-charts-in-2019-sec-audit-clients
Read MoreAICPA plans to roll out SOC for Supply Chain framework
The American Institute of CPAs will begin offering SOC for Supply Chain, a new assurance framework this month, to help business clients have more confidence around the viability of their global supply chain in the midst of threats like the coronavirus. Original Article Posted at : https://www.accountingtoday.com/news/aicpa-plans-to-roll-out-soc-for-supply-chain-framework
Read MoreAccounting firms named to NAFE’s 2020 Top Companies for Executive Women
Big Four firms EY and KPMG were further honored as ‘Top 10’ companies for their mentoring and advancement of female professionals. Original Article Posted at : https://www.accountingtoday.com/news/accounting-firms-named-to-working-mothers-2020-top-companies-for-executive-women
Read MoreSmall business hiring grew in February, but earnings growth slowed, says Paychex
The pace of small business job growth accelerated for the third month in a row in February, according to payroll giant Paychex, but the rate of hourly earnings growth slipped. Original Article Posted at : https://www.accountingtoday.com/news/small-business-hiring-grew-in-february-but-earnings-growth-slowed-says-paychex
Read MoreYour Tax Refund Doesn’t Tell You How Much You Paid in Taxes
Tax filing season brings up many questions for taxpayers, such as, “How big will my tax refund be?” or, “Will I have a balance due when I file taxes this year?” However, one of the biggest questions taxpayers should ask is, “How much did I pay in taxes?” If taxpayers focus solely on the size…
Read MoreHow the Tax Policy Center Analyzes Presidential Candidates’ Tax Plans
TPC is about to begin releasing its estimates of the revenue and distributional effects of the 2020 presidential candidates’ tax proposals, a project we’ve done…
Read MoreSports Betting Might Come to a State Near You
Since the Supreme Court’s 2018 decision in Murphy v. National Collegiate Athletic Association overturned the federal ban on sports betting, several states have legalized betting and introduced excise taxes on the revenues. And some are considering doing that. In 2019, eight states approved sports betting and taxation regimes, joining the existing 12 states and the…
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