Accounting
Tax advisory market lost $3B globally in 2020 due to coronavirus
Tax advisory firms took a projected $3 billion hit on their revenues around the world last year because of the coronavirus pandemic, according to a new report. Original Article Posted at : https://www.accountingtoday.com/news/tax-advisory-market-lost-3b-globally-in-2020-due-to-coronavirus
Read MoreSBA and Treasury reopen Paycheck Protection Program
The U.S. Small Business Administration and the Treasury Department relaunched the Paycheck Protection Program on Monday to new borrowers, prioritizing loans from community lenders. Original Article Posted at : https://www.accountingtoday.com/news/sba-and-treasury-reopen-paycheck-protection-program
Read MoreArt of Accounting: Top 10 all-time leadership and management books
These are books I learned a lot from and wholeheartedly recommend to my colleagues and all business managers and leaders. Original Article Posted at : https://www.accountingtoday.com/opinion/art-of-accounting-top-10-all-time-leadership-and-management-books
Read MoreAvalara debuts managed sales tax product for accountants
Avalara Managed Returns for Accountants automates sales tax preparation and filing, providing clients with a fully managed returns service. Original Article Posted at : https://www.accountingtoday.com/news/avalara-debuts-managed-sales-tax-returns-product-for-accountants
Read MoreThe future is remote
The changes of the past year around how and where staff can work are irreversible, and accounting firms need to adjust and find ways to make the most of the tremendous opportunities afforded by “boundaryless” work, say Jennifer Wilson and Renee Moelders of ConvergenceCoaching. Original Article Posted at : https://www.accountingtoday.com/podcast/the-future-is-remote
Read MoreThe Drawbacks of State Taxes on Financial Transactions
Key Findings Introduction Tax Elements General Design Considerations — Taxing Data Processing — Taxing Financial Transactions — Taxing Traders Conclusion Key Findings: A financial transaction tax (FTT) would raise transaction costs, which would result in a lower trading volume, lower liquidity, potentially increased volatility, and lower price of assets. Lower volume limits revenue potential, lower…
Read MoreNAEA appoints new EVP and chief of staff to lead enrolled agent group
The National Association of Enrolled Agents has named association executive Megan Killian as its new executive vice president and chief of staff to effectively lead the organization. She took office Monday. Original Article Posted at : https://www.accountingtoday.com/news/naea-appoints-new-evp-and-chief-of-staff-to-lead-enrolled-agent-group
Read MoreDeloitte and Autonomy: How two auditors can get too close to clients
The U.K. arm of Deloitte got a record fine from Britain’s accounting watchdog in September. With the full judgment against the firm laid bare last week, you can see why. Original Article Posted at : https://www.accountingtoday.com/articles/deloitte-and-autonomy-how-two-auditors-can-get-too-close-to-clients
Read MoreBiden’s go-big stimulus plans set up fresh fight in split Senate
President-elect Joe Biden’s plan to pass a multitrillion-dollar economic stimulus package early in his administration faces challenges in a closely divided U.S. Senate, with a potential impeachment trial for Donald Trump that could add to delays. Original Article Posted at : https://www.accountingtoday.com/articles/bidens-go-big-stimulus-plans-set-up-fresh-fight-in-split-senate
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