Accounting Archives - Page 81 of 362

Private sector cut 123K jobs in December, says ADP

Private sector employment declined by 123,000 jobs in December, according to payroll giant ADP, in a sign of continued economic fallout from the COVID-19 pandemic. Original Article Posted at : https://www.accountingtoday.com/news/private-sector-cut-123k-jobs-in-december-says-adp

State and Local Sales Tax Rates, 2021

Table of Contents Key Findings Introduction Combined State and Local Sales Tax Rates (Map) State Sales Tax Rates Local Sales Tax Rates State & Local Sales Tax Rates (Table) The Role of Competition in Setting Sales Tax Rates Sales Tax Bases: The Other Half of the Equation Methodology Conclusion Key Findings Forty-five states and the…

Pathways to Growth: Client experience done right

How LBMC successfully transformed its relations with its clients. Original Article Posted at : https://www.accountingtoday.com/opinion/pathways-to-growth-client-experience-done-right

Why Are Dependents Over Age 16 Still Ineligible for Economic Impact Payments?

Over 20 million people—dependents who are college students, adults with disabilities, or elderly parents cared for by their adult children—were missed when calculating economic impact payments not once, but twice. Why?

Foreign auditor use increasing among U.S. companies

Over one-third of U.S. public company audits rely on at least one audit firm abroad, according to new research. Original Article Posted at : https://www.accountingtoday.com/news/foreign-auditor-use-increasing-among-u-s-companies

IRS overlooks billions in potential taxes from nonfilers

The Internal Revenue Service hasn’t been pursuing cases involving hundreds of billions of dollars in income from individuals and businesses whose income has been showing up in Form 1099-K information returns, but has been otherwise unreported. Original Article Posted at : https://www.accountingtoday.com/news/irs-overlooks-billions-in-potential-taxes-from-nonfilers-and-underreporters

IRS revamps Form 1024-A application for 501(c)4 tax-exempt status

The Internal Revenue Service issued a revised Form 1024-A application Tuesday for tax-exempt status under Section 501(c)4 of the Tax Code, along with instructions enabling it to be filed electronically. Original Article Posted at : https://www.accountingtoday.com/news/irs-revamps-form-1024-a-application-for-501c4-tax-exempt-status

In the blogs: Fair exchanges

Costs of moving; fee on estate tax closings; top Twitter accounts to follow; and other highlights from our favorite tax bloggers. Original Article Posted at : https://www.accountingtoday.com/opinion/in-the-blogs-fair-exchanges

M&A roundup: Citrin Cooperman, BerryDunn, Wipfli and Calvetti Ferguson expand

Citrin Cooperman added Goren, Marcus, Masino & Marsh; BerryDunn merged in VantagePoint Healthcare Advisors; Wipfli combined with Hughes & Company; and Calvetti Ferguson acquired Larkin, Ervin, and Shirley. Original Article Posted at : https://www.accountingtoday.com/list/m-a-roundup-citrin-cooperman-berrydunn-wipfli-and-calvetti-ferguson-expand