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The pandemic has fueled a dramatic new wave of high-profile migration, sending tech workers to Texas, Wall Street types to Florida — and now YouTube provocateur Logan Paul to Puerto Rico. Paul, an influencer and entertainer, told his 2.8 million YouTube subscribers Tuesday that he was leaving Los Angeles and moving to the “heaven on […]
The head of KPMG U.S. is condemning a series of recent attacks on Asian-Americans. In an internal message to all firm members posted to LinkedIn Wednesday, Paul Knopp, KPMG U.S. Chair and CEO, wrote that the Big Four firm “does not tolerate discrimination, harassment or racism; and condemns all forms of violence and xenophobia,” speaking […]
It’s no secret that competition today is fierce. Add that to the year of the pandemic where many businesses were struggling to survive, and the thought of growth may seem like a stretch goal. However, it was and is possible. And the best part is that you can likely grow your practice without adding new […]
A first-ever online integration for QuickBooks, robot restaurants, ‘One Outlook,’ and seven other developments in technology you may have missed, and what they mean for your firm and your clients. Note: Some of these stories also appeared on Forbes.com.
Three House Democrats are pushing legislation that would repeal the carried-interest tax break used by fund managers to reduce the levies they owe to the Internal Revenue Service. The bill would close the carried-interest tax break and require many hedge-fund and private-equity managers to pay higher ordinary income-tax rates, rather than the lower rates on […]
A few days ago I received an email from a friend at a Top 500 accounting practice. He is the firm’s founder and senior partner and just wanted to touch base. He said something that I think is very important and I want to share it with you. He gave me a rundown of his […]
As tax season opens, Accounting Blockchain Coalition adds crypto tax platform; BKD becomes reseller of Reptune; and AccountMate updates software, adds TaxJar integration.
Cleareye.ai, which makes financial technology for banks, is working with Microsoft to power certain products, starting with its PPP Loan Forgiveness Processing Engine, driven by artificial intelligence and powered by Microsoft Azure. The engine is a document automation and rules reconciliation solution and is designed for lenders who process forgiveness applications as part of the […]
The Connecticut Society of CPAs recognizes seven women with CTCPA Women Awards; RSM raises over $4.6 million at RSM Classic; and more CPA news.
The House Ways and Means Committee advanced legislation that would infuse households with hundreds of billions of dollars of cash through direct payments and tax credits, a key plank of President Joe Biden’s COVID-19 relief package. The panel on Thursday approved measures providing $593.5 billion in benefits, most of which is made up of $1,400 […]
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