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The Internal Revenue Service has posted instructions for both employers and employees about how to handle the Form W-2 reporting for the payroll tax deferral under President Trump’s executive action. Trump signed a memorandum in August to defer the 6.2 percent employee’s share of Social Security taxes from Sept. 1, 2020 until Dec. 31, 2020, […]
The outcome of Tuesday’s election could be profound tax changes, but that’s only if one party wins control of both houses of Congress and the White House. “After the November election the Democrats and the Republicans are going to know how many seats they hold in the House and the Senate,” said Tim Speiss, co-leader […]
The agreement between Camico and CPA Mutual to transfer the Accountants Professional Liability Insurance Program from CPA Mutual to Camico represents the collaboration of two mutual insurance companies, both founded by CPAs, to provide customized liability insurance to CPAs. “Camico is taking over CPA Mutual’s future business, and CPA Mutual will stay in business to […]
Did you get the Expensify email? If not, perhaps you saw it reported in publications from Bloomberg to Fast Company, to the New York Times and Wall Street Journal. This past Friday, October 23, Expensify CEO David Barrett sent an email to 10 million users with the subject line: “Protect democracy, vote for Biden.” In […]
With the election just around the corner, Top 100 Firm Crowe LLP released a roundup of the presidential candidates’ tax proposals on a range of topics, including employement, health care and energy. The summary complements the firm’s earlier discussions of their tax policy proposals for individuals and corporate taxes.
Top 50 Firm BPM LLP announced that it is expanding into Los Angeles County by adding in Rossi LLP, a full-service CPA firm in Long Beach, effective Nov. 1. Terms of the deal were not disclosed. “This year has been one of many changes, and thankfully many positive ones for BPM and our new team […]
The National Treasury Employees Union has filed a lawsuit to block an executive order signed by President Trump last week that threatens to remove civil service protections from much of the federal workforce, allowing employees to be fired at will by supervisors and new employees brought in who support the politics of whichever administration is […]
EisnerAmper has formed a strategic alliance with Redirect, a real estate technology consulting company that resells industry software such as MRI and Yardi. The two firms plan to leverage each other’s expertise to provide a holistic platform for real estate clients that incorporates both business advisory and technology capabilities. The two firms have collaborated in […]
Institute of Management Accountants president and CEO Jeff Thomson told an online meeting Wednesday of the Accountants Club of America about how the profession can appeal more to young people by emphasizing technology know-how in areas like data analytics and data science. “This really is a race for relevance and the future of our profession,” […]
CaseWare has received an investment from Hg that will give the technology-focused private equity company a “significant stake” in the audit software maker. The cost of the stake, which is CaseWare’s first institutional investment, was undisclosed. The money is earmarked for accelerating the growth of CaseWare Cloud, an end-to-end audit platform that includes engagement management, […]
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