High Quality Work…Great Customer Service.
The American Institute of CPAs sent a set of recommendations to the Internal Revenue Service on the application of excise taxes to donor-advised funds. DAFs have become an increasingly prevalent way for philanthropists to give funds to charities, as an alternative to private foundations. Donors can claim tax deductions the following year, but recommend specific […]
Secretary of Education Betsy DeVos is calling on Congress to allow the Internal Revenue Service to give the Department of Education information on the income of student loan borrowers, warning that student loan applicants are misrepresenting their income and family size to qualify for reduced payment plans. She urged a comprehensive review of income verification […]
MJJ Houston-based firm McConnell Jones has announced a partnership with the Boys Girls Club of America to support young people in local communities. From July 22 through August 2, 2019, MJ staff members will participate in the firm’s first annual School Supply Drive, benefiting local BGCA Clubs across communities in Houston, Dallas, Austin and Washington, […]
Derek Marks, Kristen Robillard and Emilie Wuerch (pictured) were promoted to senior accountant, and Kathy Strobele to senior accounting services specialist, at Lumsden McCormick, Buffalo. Gary Berger was hired as a partner and assurance, financial services industry leader, Northeast region, and Joshua Blumenthal was hired as a partner, assurance, at CohnReznick, New York. Dr. Stavros […]
Courtesy of Grant Thornton Grant Thornton, Chicago, formed an alliance with Ephesoft, a provider of enterprise content capture and data discovery solutions, to offer those solutions to clients to assist in managing unstructured data. In other firm news (see full story here), Grant Thornton announced it has audited more than $10 billion in crypto assets […]
Donald Trump didn’t get the judge he wanted to oversee a legal challenge to House Democrats who want to see the president’s New York state tax records. But Trump got the next best thing — a jurist he appointed to the bench earlier this year. On Thursday, U.S. District Judge Trevor McFadden in Washington declined […]
The Internal Revenue Service has resurrected a form that hasn’t been used since the early 1980s, Form 1099-NEC, Nonemployee Compensation, with a draft version available for preview on its website. Since 1983, the IRS has required businesses to instead file Form 1099-MISC for contract workers and freelancers. The revival of Form 1099-NEC is part of […]
The Internal Revenue Service has started sending letters to over 10,000 taxpayers who own virtual currencies, such as Bitcoin and Ethereum, advising them to pay back taxes on any income they failed to report. The IRS announced on Friday that it began sending the educational letters to taxpayers last week. More than 10,000 taxpayers are […]
If your firm has a WordPress website, deciding whether to perform your own site maintenance or outsource that work to a professional comes down to two main factors: knowledge and time. Many business owners choose WordPress for site creation because it is easy to use and widely known. Unfortunately, many fail to consider the continuous […]
BQE Software, which makes accounting and project management software, has released a new HR module in its Core platform. Core HR provides benefit tracking, salary history tracking, employee journal and incident tracking, certification, awards, paid-time off and employee reviews. The new offering comes shortly after the release of Core Intelligence, a voice-enabled smart dashboard that […]
Powered by WordPress. AwesomeOne theme by Flythemes