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PricewaterhouseCoopers has been building its managed tax services business since bringing over the tax department at General Electric in 2017, but now it sees an opportunity to help companies who are dealing with the ever-changing tax laws and regulations this year during the novel coronavirus pandemic. The CARES Act and the extensions of the tax […]
A new report from the IRS Small Business/Self Employed Division reveals that in Fiscal Year 2019 the division devoted attention to the agency-wide issue of non-filers and fraud. The report, a 28-page overview billed as annual from now on, focuses on program highlights, priorities and accomplishments of the SB/SE organization and its employees. SB/SE services […]
If there’s one side effect of the pandemic that can be considered positive, it’s the almost universal adoption of videoconferencing. I’ve been using videoconferencing in various forms for decades and there’s one constant I’ve noticed: Within minutes of concluding the video meeting, I’ve pretty much forgotten a good portion of what was discussed. As I’ve […]
When firms shifted to remote work in the spring, one of the first sets of priorities focused on their people. Before the coronavirus pandemic, many firm leaders believed that their firms were only as good as their people, so it wasn’t a surprise that areas related to talent management (hiring, training, engagement, careers, retention and […]
We often tend to think of change as gradual. And sometimes it is. But think for a moment about tectonic plates … those slow-moving plates under the earth’s surface. Most of the time, they move slowly. At other times, they press up against each other and the pressure builds and builds until there’s a dramatic […]
A high-powered group of U.S. regulators said stock exchanges should set new rules that could trigger the delisting of Chinese companies, following mounting concerns that investors are being exposed to frauds. The President’s Working Group on Financial Markets said Thursday that in order to trade on a U.S. exchange, companies must grant American regulators access […]
Did you ever see the “Casual Friday” episode on the HBO hit comedy, “Curb Your Enthusiasm”? That’s when Larry David’s friend visits the estate planner Larry recommended and is shocked to find the attorney wearing jeans and a denim shirt in his office. “This is how we dress on casual Friday, but we would never […]
President Donald Trump announced four executive actions on Saturday, including continued expanded unemployment benefits and a temporary payroll tax deferral for some workers, as the coronavirus pandemic continues to hobble the U.S. economy. Trump also ordered continued eviction protection and student-loan relief. The moves could jeopardize negotiations with congressional Democrats over an additional coronavirus relief […]
New York is seeking to dissolve the National Rifle Association as the state attorney general accused the gun rights group and its current and former senior officials of engaging in a massive fraud against donors. A sprawling lawsuit filed Thursday by New York Attorney General Letitia James alleges the NRA diverted charitable donations for years […]
The long wait for the end of the long postponement is over. How did this July 15 compare with regular Tax Day? “‘It was the best of times, it was the worst of times’ applies,” said Joseph McCaffrey, a CPA and partner of operations at Morris + D’Angelo CPAs, in San Jose, California. “Extending the […]
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