Accounting
Modeling Different Proposals for Round Three Direct Payments
President Joe Biden is calling for a third round of economic impact payments to households as part of his $1.9 trillion American Rescue Plan. Under the plan, the payments would be $1,400 per person, topping off the recent round of $600 payments for a combined $2,000 per person. Senate Republicans have proposed payment amounts of…
Read MoreBaker Tilly tops Q4 SEC auditor engagements
A major merger with another Top 100 Firm put it far in the lead. Original Article Posted at : https://www.accountingtoday.com/news/baker-tilly-tops-q4-sec-auditor-engagements
Read MoreTax Strategy: CAA tax provisions affecting 2020 returns
The Consolidated Appropriations Act includes a surprising number of tax provisions, many of which had not been widely publicized until the final bill was up for a vote. Original Article Posted at : https://www.accountingtoday.com/opinion/tax-strategy-caa-tax-provisions-affecting-2020-returns
Read MoreThirteen Priorities for Pro-Growth Tax Modernization in Nebraska
Note: Below is an excerpt from our recent guide, “Thirteen Priorities for Pro-Growth Tax Modernization in Nebraska.” To see the full report, click the “Download PDF” link above. Executive Summary Nebraska’s motto promises “Good Life. Great Opportunity.” It is a promise on which policymakers have long worked hard to deliver, and residents take great pride…
Read MoreA year of disruption in sales tax
The changes wrought by the pandemic in ecommerce and much more will play out in the sales tax arena across 2021, according to Avalara’s Liz Armbruester. Original Article Posted at : https://www.accountingtoday.com/podcast/a-year-of-disruption-in-sales-tax
Read MoreTax pros want another deadline extension: NATP
Almost two-thirds of practitioners said that pushing filing to July 15 last year was good for them. Original Article Posted at : https://www.accountingtoday.com/news/tax-pros-want-another-deadline-extension-natp
Read MoreSBA offers guidance on aid to shuttered entertainment venues
The Small Business Administration issued some preliminary guidance on how a new federal program to provide help to hard-hit playhouses, movie theaters, museums and other venues will work. Original Article Posted at : https://www.accountingtoday.com/news/sba-offers-guidance-on-aid-to-shuttered-entertainment-venues
Read MoreWashington State Lawmakers Considering New Bans and Higher Taxes on Nicotine Products
Washington lawmakers have proposed a bill (SB5266) that would make it the second state to ban all flavored tobacco and the first to impose a nicotine cap on vapor products, and would increase taxes on vapor to among the highest in the nation. The excise tax on vapor products will, if enacted, be levied at…
Read MoreAccounting profession marks centennial of first Black CPA with new diversity campaign
As Black History Month begins, a number of prominent accounting organizations — including the AICPA, Illinois CPA Society, and the National Association of Black Accountants — have joined together in announcing a new yearlong diversity program. Original Article Posted at : https://www.accountingtoday.com/news/accounting-profession-marks-centennial-of-first-black-cpa-with-new-diversity-campaign
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