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The Accounting and Financial Women’s Alliance announced that its annual Women Who Count Conference will be held online this year, from October 28-30. The conference will allow attendees to earn up to 21 hours of CPE credit through webinars presented by 40 speakers. Additional sessions will include networking opportunities, and presentations by sponsors and exhibitors. […]
President Trump issued a presidential memorandum on Aug. 8, 2020, directing the Secretary of the Treasury to permit employers to defer the employee portion of Social Security taxes between Sept. 1 and Dec. 31, 2020. On Aug. 28, 2020, the Treasury issued Notice 2020-65, providing a few details about how the deferral should work. The […]
A Panama sentencing; ‘subcontractor’ mess; fun with funds; and other highlights of recent tax cases. New York: Harald Joachim von der Goltz (a.k.a. H.J. von der Goltz, Johan von der Goltz, Jochen von der Goltz, “Tica” and “Tika”), of Needham, Massachusetts, and Key Biscayne, Florida, has been sentenced to four years in prison for wire […]
The Big Four accounting firms have developed a set of metrics for companies to use for environmental, social and governance reporting internationally. The metrics were released Tuesday by the World Economic Forum in conjunction with the fourth annual Sustainable Development Impact Summit, which coincided with Climate Week in New York. They come a week after […]
PKF O’Connor Davies, a Top 100 Firm based in New York, has added Albrecht, Viggiano, Zureck Company, P.C., a CPA firm in Hauppauge, New York, expanding its presence on Long Island. AVZ is led by a pair of co-managing partners, Joseph Ferreira and Jeffrey Davoli. The deal adds nine partners and 45 staff to PKF […]
U.S. companies notched a big Trump-era win Wednesday as regulators made it harder for small-time shareholders to put forth proposals aimed at cracking down on excessive pay, climate change and other corporate governance concerns. The Securities and Exchange Commission rules overhaul follows years of C-suite complaints that proxy regulations are outdated and play into the […]
Recently, the Colorado Municipal League in tandem with businesses and the state’s Department of Revenue created a model ordinance on economic nexus and marketplace facilitator laws to help simplify sales tax within the state. Localities that adopt it will align with the state’s economic nexus threshold for their local taxes. Colorado has historically had self-collected […]
The Virginia Society of CPAs has announced the launch of the VSCPA Diversity, Equity and Inclusion Advisory Council in order to “provide expertise and strategic guidance to [its] members and industry leaders regarding diversity, equity and inclusion.” The 19-member council features a diverse group of society members and leaders from different organizations throughout the state. […]
At least 39 states did not have enough money to pay all of their bills at the end of 2019, leaving them ill-prepared to shoulder the costs of the novel coronavirus pandemic, according to a new report. The report, from Truth in Accounting, a think tank that analyzes government financial reporting, found the majority of […]
State tax revenues in some parts of the U.S. are rebounding as the economy emerges from the coronavirus lockdown, a positive sign for governors and mayors who had been bracing for the biggest fiscal crisis in decades. August sales-tax receipts in hard-hit New Jersey rose 3 percent from a year earlier and nonpartisan legislative analysts […]
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