High Quality Work…Great Customer Service.
Tracking refunds; an extra deadline; the Advocate’s report; and other highlights from our favorite tax bloggers. Less than 100 days Sagenext (https://www.thesagenext.com/blog): There’s a lot in this week’s entry to calm taxpayers, but one note may not calm every preparer: “Can you believe that April 15th is less than 100 days from now!” Tax Girl […]
The Internal Revenue Service’s Whistleblower Office made 181 awards to whistleblowers in fiscal year 2019, totaling over $120 million, according to a new report, and collected more than $616 million thanks to the tips it received, but both those numbers represented a sharp drop compared to the previous year. The IRS Whistleblower Office released its […]
New Jersey Governor Phil Murphy signed legislation Monday giving small businesses in the Garden State a workaround for the $10,000 cap on state and local tax deductions under the Tax Cuts and Jobs Act. The Pass-Through Business Alternative Income Tax Act, which passed the New Jersey legislature last month, permits flow-through businesses in New Jersey, […]
For years, accounting firms have relied on firm partners to use their personal and professional connections, charisma, and contacts to “make it rain” — to bring in new business and revenue that would enable the firm to grow and succeed. Today, the growth of the internet and the rapid evolution of information technology has changed […]
Big Four firm EY launches its worldwide corporate responsibility program; and Illinois firm Scheffel Boyle donates 34 care packages to active U.S. service members.
Consumers in 2019 were more likely to say plans to hike taxes on the wealthy would harm economic growth than they were in prior years, despite it being a key campaign pledge for nearly every Democratic presidential candidate, according to a new University of Michigan survey. About 43 percent of consumers surveyed in the final […]
The American Institute of CPAs has written a letter to the Internal Revenue Service and the Treasury Department asking them to issue a notice clarifying that reporting relief on certain reporting under Section 465 will also apply to S corporations. Last month, the IRS and the Treasury released Notice 2019-66, which delays some of the […]
In a recent PwC study, Financial Services Technology 2020 and Beyond: Embracing Disruption, PwC advises public accounting firms to prepare for significant changes to their revenue in the near future. Specifically, the study predicts that due to advancements in financial technology, 28 percent of the banking and payment business, and 23 percent of the insurance, […]
Katz, Sapper Miller appoints first CIO; Reynolds, Bone Griesbeck announces next MP; and more personnel news.
Powered by WordPress. AwesomeOne theme by Flythemes