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Several conservative economists, including one of President Donald Trump’s campaign advisers, disputed the White House’s claim that a corporate tax cut Trump signed into law last year has already paid for itself. Trump’s top economic adviser, Kevin Hassett, highlighted economic stimulus from the tax cuts as part of a presentation to reporters on Monday intended […]
Top 100 Firm Prager Metis International has acquired the media and entertainment business of Ling Phipp, expanding its practice in southern England and South Wales. Paul Turner, a partner at Ling Phipp, will be joining Prager Metis. Prager Metis offices Courtesy of Prager Metis “Having previously worked with Paul for over 10 years and provided […]
The Internal Revenue Service successfully implemented a congressionally mandated program involving private debt collectors in collecting unpaid taxes, but they haven’t yielded very much in terms of revenue – and the program may end up being harmful to taxpayers, according to a recent report. The report, from the Treasury Inspector general for Tax Administration, looked […]
Most ownership agreements contain the critical basic terms you need to have. These include, but are not limited to, language that covers governance issues, compensation, retirement, and admission of new partners. Remember, an ownership agreement should be designed to protect the firm, not just the partners. While there are many aspects to drafting a strong […]
Has the Supreme Court ruling in the South Dakota v. Wayfair case added impetus to the calls from the European Union, China, India and others to impose new taxes on U.S. multinationals? The e-commerce ruling in June – making out-of-state merchants liable to collect and remit sales tax – has given credibility to the global […]
House Republican lawmakers introduced legislation Monday that would make the 2017 tax cuts for individuals permanent in a bid to highlight their signature economic policy achievement ahead of the November elections. The legislation — released as Republicans are at risk of losing their majority in the House — is seen as a last-ditch effort by […]
During its annual Xerocon Australia conference in Brisbane, Xero announced several new features and updates to its accounting software. The company is still focused on its goal of creating “code free accounting” and continues to create new automation within its platform to bring efficiencies to accountants. The new features announced are as follows: The “files […]
Boyer Ritter, Camp Hill, hired Vishnu Patel as a tax associate, and six new accounting associates: Kelly Bender, Stephen Baier, Jacqueline Hauck, John Carlos Rebimbas Tavares, Nicholas Rumberger and Erica West (pictured). Kevin Kline was hired as a member of the Camp Hill office of Smith Elliott Kearns Co. Laurie Peer was named president of […]
Courtesy of Warren Averett Warren Averett CPAs and Advisors, Birmingham, launched Quali-Finder, a proprietary solution designed to help manufacturing and distribution companies identify tax credits, deductions and incentives they could be using. Anglin Reichmann Snellgrove Armstrong, Huntsville, merged in Bloomer, Geri Co., Pensacola, Florida. The combined firms will operate under the name Anglin Reichmann Armstrong.
Intuit has debuted QuickBooks Desktop 2019 (QBD), adding several new features and updates to existing features. The highlight is an effort to make backing up data easier and more foolproof, a major pain point for users of the desktop software in the past. While online accounting software is becoming more popular, Intuit still believes QuickBooks […]
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