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Month: May 2020

Trump pursues payroll tax cut as GOP, Democrats look elsewhere

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May 2, 2020
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| Tax News And Info

A big cut in the payroll tax is high on President Donald Trump’s wish list for the next coronavirus response bill, but the idea is getting the brushoff from newly cost-conscious Republicans and Democrats who would rather send aid to people who aren’t getting a paycheck. Trump has backed a payroll tax cut since long […]

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Posted in Tax News And Info Tagged irs, tax news

People & firms on the move: Herbein launches ‘Helpers’ program in response to coronavirus

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May 2, 2020
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| Tax News And Info

The NJCPA Scholarship Fund grants $380K in scholarships; Janover launches charitable Helping Hands Committee; and more CPA news.

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Posted in Tax News And Info Tagged irs, tax news

Employee expense reports evolving during coronavirus pandemic

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May 2, 2020
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| Tax News And Info

Businesses are seeing their employees’ expense reports changing since the start of the coronavirus outbreak, with hotel and airline cancellation charges giving way to more requests for work-from-home charges. AppZen, a provider of artificial intelligence auditing technology for expenses and invoices, has been keeping a close watch on the expenses that its customers have been […]

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Posted in Tax News And Info Tagged irs, tax news

Auditors and CAQ change plans in response to coronavirus

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May 1, 2020
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| Tax News And Info

The auditing profession is responding to the novel coronavirus pandemic by adjusting how it conducts audits, and that’s evident in the Center for Audit Quality, whose CEO, Julie Bell Lindsay, took over the leadership job at the organization just about a year ago when the priorities for the profession and the CAQ looked far different. […]

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Posted in Tax News And Info Tagged irs, tax news

Prometric announces ‘market by market’ re-opening of CPA Exam test sites

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May 1, 2020
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| Tax News And Info

CPA Exam testing administrator Prometric has confirmed the re-opening of select testing sites beginning May 1, 2020, albeit on a “market by market” basis that still adheres to social distancing guidelines. Prometric previously announced test site closures through the end of April. As May 1 approaches, CPA testing sites will be eligible to re-open on […]

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Posted in Tax News And Info Tagged irs, tax news

Tax Fraud Blotter: Artful dodger

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May 1, 2020
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| Tax News And Info

Red-handed; marina fees and airline tickets; similar patterns; and other highlights of recent tax cases. West Hollywood, California: Philip Righter, 43, has agreed to plead guilty to federal criminal charges that he sold bogus art he claimed was created by artists such as Jean-Michel Basquiat, Keith Haring, Roy Lichtenstein and Andy Warhol. He also admitted […]

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Posted in Tax News And Info Tagged irs, tax news
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