Don’t wait — innovate

Every firm is capable of innovation — and soon, every firm will need to be. Original Article Posted at : https://www.accountingtoday.com/news/dont-wait-innovate

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Tech news: More resources for tax pros

New practice management and crypto-tax tools for tax pros, along with extra tax season resources and much more. Original Article Posted at : https://www.accountingtoday.com/list/tech-news-more-resources-for-tax-pros

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Reliance on Individual Income Tax Revenue in Europe

Today’s map shows the extent to which European countries rely on individual income tax revenue, measured as a share of total tax revenue. According to a recent report on tax revenue sources, individual income taxes were the third most important tax revenue source among European OECD countries in 2018, at an average of 23.0 percent of…

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South Carolina House Unanimously Approves Business License Tax Reform

It sometimes seems hard to get a group of politicians to agree to anything, so it’s notable that just a hundred miles northwest of Tuesday night’s heated presidential debate, 104 state representatives of both parties came together in a unanimous vote to reform South Carolina’s antiquated business license tax. South Carolina’s business license tax regime…

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Maryland Legislature Seeks Revenue with Risky Proposals

Ever since Maryland’s Commission on Innovation and Excellence in Education, better known as the Kirwan Commission, began presenting its recommendations for improving Maryland’s education system more than two years ago, Maryland lawmakers have been looking for revenue to cover the proposed increases in education spending. The Kirwan plan would add $4 billion in annual costs…

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