Accounting
EY auditors told by German court to testify about Wirecard
Two Ernst & Young auditors were told by a German court that they must testify before a parliamentary committee about their accounting work for scandal-ridden Wirecard AG. Original Article Posted at : https://www.accountingtoday.com/articles/ey-auditors-told-by-german-court-to-testify-about-wirecard
Read MoreSBA works to fix PPP loan bottlenecks
The U.S. Small Business Administration is taking steps to remove some of the hangups in the Paycheck Protection Program after complaints from the American Institute of CPAs and others. Original Article Posted at : https://www.accountingtoday.com/news/sba-works-to-fix-ppp-loan-bottlenecks
Read MoreNo Chance for A Romantic Dinner in Your Favorite Restaurant on Valentine’s Day? Try TPC’s Marriage Calculator Instead
Depressed that you won’t be dining out in a romantic restaurant with your loved one this Valentine’s Day? The Tax Policy Center has a prescription…
Read MoreThe wrong idea: Clients’ wacky notions about taxes
Tax professionals share the strangest misconceptions their clients have about taxes. Original Article Posted at : https://www.accountingtoday.com/news/the-wrong-idea-clients-wacky-notions-about-taxes
Read MoreReliance on Corporate Income Tax Revenue in Europe
A recent report on tax revenue sources shows the extent to which OECD countries rely on different tax types. Today’s map looks at the corporate income tax, which, compared to individual taxes, social insurance taxes, and consumption taxes, generates a relatively small share of tax revenue in Europe. In 2019—the most recent year for which…
Read MoreSources of Government Revenue in the OECD, 2021
Table of Contents Key Findings Introduction Average OECD Revenue Sources Revenue Sources, 2019 Compared to 1990 Sources of Tax Revenue — Sources of Tax Revenue by Region — Sources of Tax Revenue by Level of Government Conclusion Appendix (Tables) document.getElementById(‘global-exploration-widget’).innerHTML = widgetHTML(“https://taxfoundation.org/wp-content/themes/tf-wp-theme”, “https://taxfoundation.org”); Key Findings In 2019, OECD countries raised on average one-third of their…
Read MorePolish media-tax plan sparks protest and U.S., EU criticism
With blacked out or blank television screens, front pages and web portals, Poland’s private media companies protested against plans to implement a new advertising tax they say is a disguised government attempt to muffle criticism. Original Article Posted at : https://www.accountingtoday.com/articles/polish-media-tax-plan-sparks-protest-and-u-s-eu-criticism
Read MoreNonprofits, businesses receiving PPP could face surprise audits
Nonprofit and for-profit organizations that received Paycheck Protection Program loans could unexpectedly find themselves confronting the “single audit” requirement for the first time, even though PPP loans are supposedly exempt. Original Article Posted at : https://www.accountingtoday.com/news/nonprofits-businesses-receiving-ppp-could-face-surprise-audits
Read MoreNew Social Security advisor credential launches
The National Association of Registered Social Security Analysts and its site, NARSSA.org, will look to aid professionals and firms who provide Social Security advisory services to its clients. Original Article Posted at : https://www.accountingtoday.com/news/new-social-security-advisor-credential-site-launches
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