Accounting
Picking the top tax breaks from the latest stimulus package
Last month’s COVID-19 relief bill has accountants recommending some deductions to clients, and wondering about the applicability of others. Original Article Posted at : https://www.accountingtoday.com/news/latest-stimulus-package-includes-important-tax-credits
Read MoreWyden lays out Senate tax priorities
Sen. Ron Wyden, D-Oregon, who is chairing the Senate Finance Committee now that Democrats have won control of the Senate, described some of his policy priorities, including the tax area where his committee has oversight. Original Article Posted at : https://www.accountingtoday.com/news/wyden-lays-out-senate-tax-priorities
Read MoreTax Fraud Blotter: The maleficent seven
Smells fishy; getting the boot; quit the day job; and other highlights of recent tax cases. Original Article Posted at : https://www.accountingtoday.com/news/tax-fraud-blotter-the-maleficent-seven
Read MoreU.S. says Austria, Spain, U.K. digital taxes are discriminatory
The U.S. added Austria, Spain, and the U.K. to the string of countries it says are discriminating against American companies through their decisions to tax local revenue of internet giants such as Facebook Inc. Original Article Posted at : https://www.accountingtoday.com/articles/u-s-says-austria-spain-u-k-digital-taxes-are-discriminatory
Read MoreCCH Axcess Knowledge Coach adds new subject areas
The updated practice aids are designed to help firms implement the new requirements in SAS 134-140 and SSARS 25. Original Article Posted at : https://www.accountingtoday.com/news/cch-axcess-knowledge-coach-adds-new-subject-areas
Read More10 areas CPAs can focus on to add value, grow their practice and serve their stakeholders
Hindsight is 20/20 and 2021 is finally here. Original Article Posted at : https://www.accountingtoday.com/list/10-areas-cpas-can-focus-on-to-add-value-grow-their-practice-and-serve-their-stakeholders
Read MoreDay 1 of OECD Consultation on International Tax Reform Blueprints
On Thursday, the Organisation for Economic Co-operation and Development (OECD) hosted the first of two days of a public consultation on changes to international corporate tax rules. The consultation is in the context of the Inclusive Framework on Base Erosion and Profit Shifting, which is made up of delegates from more than 135 countries and…
Read MoreSBA reopening PPP to lenders Friday
The U.S. Small Business Administration plans to reopen the Paycheck Protection Program to small lenders on Friday and to all lenders next Tuesday. Original Article Posted at : https://www.accountingtoday.com/news/sba-reopening-ppp-to-lenders-friday
Read MoreCongress Can Help State and Local Governments Prepare for a Rainy Day Without Repealing the SALT Cap
With Joe Biden in the White House and narrow control of the Congress, Democrats are likely to try to restore the full state and local…
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