Tag: tax news
CFOs ready to spend thanks to tax changes, Deloitte says
Corporate America’s love affair with the Trump administration’s tax overhaul is still going strong, and it’s pushing spending plans to multiyear highs. In a quarterly survey released by Deloitte LLP Wednesday, a record number of chief financial officers said that now is a good time to take greater risks, pushing up growth expectations for revenue, […]
Taxing soda and booze can spark healthy spiral, experts say
Nobody likes taxes, but new research shows they can be good for your health. Taxing products such as soda, alcohol and tobacco can steer consumers toward healthier choices and avert a ruinous tumble in which obesity fuels disease and medical costs push people further into poverty, data from countries ranging from Chile to India show. […]
Tax filing advice for cryptocurrency investors
Cryptocurrency investors are grappling with how to properly report their transactions to the IRS with the April 17 tax filing deadline fast approaching. It’s a daunting task, given the lack of guidance from the Internal Revenue Service and the fact that these investors—who saw cryptocurrency valuations reach peak levels in 2017—may owe thousands of dollars […]
Case Studies: Online accounting in 2018
If operating totally in the cloud is an option accessible to both an accounting firm and its clients, online accounting software can make firm operations efficient and attractive to new clients. It provides the option of a more remote, but more immediate, relationship, which fits into certain business owners’ fast-paced schedules and desire for constant […]
Unions squeeze companies to divulge plans for tax bill windfall
Unions are pressing companies they bargain with to disclose details of what they’re doing with savings from the Trump tax cuts, the latest move by organized labor to pressure corporations to pass along their windfall from the overhaul. Four unions have recently filed formal information requests with 11 companies, including American Airlines Group Inc., ATT […]
Comparison Guide: Expense reporting solutions 2018
Do you know what you spent on expenses last month? How about for last year? No matter how you do it, tracking expenses is a tedious necessity. Whether it’s for your practice, or for your own Schedule C, or for your clients, knowing what was spent, what it was spent on, and why it was […]
Will Wayfair replace Quill?
On April 17, the U.S. Supreme Court will hear arguments on South Dakota v. Wayfair, en route to clarifying an issue that has vexed states since the court’s 1992 decision in Quill Corp. v. North Dakota — the attempt by states to have remote sellers collect tax on sales to customers in their states. The […]
Time for tax planning
With more than two months of filing in the rearview mirror, practitioners have seen some definite trends emerge. Foremost among them is the lengthening of client sessions to discuss tax reform. “Almost every conversation begins with tax reform,” said Mark Kohler, CPA, Esq. “We tell them the bill has nearly no impact on their 2017 […]
Maximizing value (and profits) with client accounting services
Client fees provided by client accounting services have more than doubled in recent years, according to the AIPCA. That’s because cloud accounting technology has transformed client accounting services into a major growth driver. In this webinar, you’ll find out how you can efficiently scale this profitable service line. In 2017, Receipt Bank, in partnership with […]
Powered by WordPress. AwesomeOne theme by Flythemes