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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 […]
The U.S. federal tax-filing season that begins Friday will be among the most consequential in recent history, as households face potential surprises — both negative and positive — sorting through pandemic-related measures at a time of high unemployment and depressed consumer confidence. Millions of people are still missing some or all of the $1,200 and […]
KPMG’s U.K. chairman has resigned days after sparking widespread anger for telling employees to stop moaning about the pandemic. Bill Michael, KPMG’s U.K. chair and senior partner since 2017, will leave the firm at the end of the month, admitting that his position had become “untenable.” He had been placed under investigation after telling KPMG’s […]
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