Accounting
Senate adopts blueprint for stimulus as Harris breaks tie
The Senate voted 51-50, after Vice President Kamala Harris broke her first tie, to adopt a budget blueprint for President Joe Biden’s $1.9 trillion virus relief package — following nearly 15 hours of wading through amendments from both parties. Original Article Posted at : https://www.accountingtoday.com/articles/senate-adopts-blueprint-for-stimulus-as-harris-breaks-tie
Read MoreEmployers added 49K jobs in January, including 3.8K in accounting
The unemployment rate declined in January to 6.3 percent as employers added some jobs in the midst of the pandemic. Original Article Posted at : https://www.accountingtoday.com/news/employers-added-49k-jobs-in-january-including-3-8k-in-accounting
Read MoreTaxExact for 1040 results verification now available
Cloud tax tech is imperative this year, with many preparers continuing to work in a remote setting due to the ongoing coronavirus pandemic. Original Article Posted at : https://www.accountingtoday.com/news/taxexact-for-1040-results-verification-now-available
Read MoreTax pros take new approaches to marketing this filing season
Practitioners share how they’re changing the ways they reach out to clients and prospects. Original Article Posted at : https://www.accountingtoday.com/news/tax-pros-are-taking-new-approaches-to-marketing-this-season
Read MoreFor Meaningful Federal Aid to States, Why Not Reimburse Unemployment Compensation Payments?
State tax revenues held steady in 2020, coming in less than one-tenth of 1 percent lower than in 2019, according to the latest JPMorgan research (which is consistent with earlier data), and combined state and local revenues have likely risen year-over-year. This is a curious backdrop to the current federal debate, in which Congress is…
Read MoreTax Fraud Blotter: Junior achievements
You do the meth; what’s in a name?; snow job; and other highlights of recent tax cases. Original Article Posted at : https://www.accountingtoday.com/news/tax-fraud-blotter-junior-achievements
Read MoreRomney pitches expanded child tax credit, echoing Biden
Senator Mitt Romney is offering a child tax credit expansion plan similar to a proposal President Joe Biden is pushing to include in the next stimulus bill, offering a glimpse of areas on which Republicans and Democrats could find compromise in a bipartisan package. Original Article Posted at : https://www.accountingtoday.com/articles/romney-pitches-expanded-child-tax-credit-echoing-biden
Read MoreDemocrats’ go-it-alone stimulus plan faces night of GOP sniping
Democrats’ go-it-alone stimulus plan faces night of GOP sniping Original Article Posted at : https://www.accountingtoday.com/articles/democrats-go-it-alone-stimulus-plan-faces-night-of-gop-sniping
Read MoreIllinois CPA Society announces 2021-2022 academic scholarships
The state society is looking for student applications for more than 40 scholarships by April 1, 2021. Original Article Posted at : https://www.accountingtoday.com/news/illinois-cpa-society-announces-2021-2022-scholarships
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