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Senate Finance Chairman Orrin Hatch emerged from a bipartisan meeting with President Donald Trump saying there’s a chance that a bipartisan tax bill could emerge from his committee. “It was a very Kumbaya meeting,” said Senator John Thune, the chamber’s third-ranking GOP leader and a member of the tax-writing finance panel. The president told Democrats […]
Dan Bricklin and Bob Frankston, the developers of VisiCalc, the first spreadsheet software program, commemorated an unofficial event known as National Spreadsheet Day on Tuesday. The event was hosted by Centage, a provider of cloud-based budgeting and forecasting software, and streamed on Facebook Live. Bricklin recalled how he came up with the idea for VisiCalc […]
While many victims of the recent hurricanes and storms remain busy salvaging what they can and seeing what their insurance will cover, they also want to know what tax help they’re entitled to. In Part 1 of this two-part series we dealt with the postponement of time-sensitive acts; the exclusion for qualified disaster relief payments; […]
KPMG has released its 2018 Personal Tax Planning Guide with information about the current tax laws and guidance to help privately held businesses, business owners and their families deal with the uncertainty of upcoming tax reforms. The guide was developed by tax professionals from KPMG’s Washington National Tax practice. It focuses on individual tax planning, […]
The Public Company Accounting Oversight Board will be looking out for some major risk areas at audit firms in the months ahead. A recent report from the consulting firm Protiviti advises public companies and auditors to focus on three specific areas highlighted in late August in a PCAOB staff inspection brief about its upcoming inspections. […]
President Donald Trump and Senate Majority Leader Mitch McConnell appeared to give themselves some breathing room on their goal of completing a tax overhaul before year’s end in remarks that emphasized the difficulty of passing major legislation. Both men affirmed their aim of delivering a tax bill by December during an impromptu Rose Garden news […]
Creating a workplace that attracts and retains quality talent is a major issue for Accounting Firms these days, but it’s a daunting challenge given the competitive market for staff. In this session, representatives from Accounting Today’s 2017 Best Firms to Work For and industry experts share best practices, tips and tactics for becoming an employer […]
AccuFund, a provider of nonprofit accounting and fundraising software, is hosting its inaugural user conference this October. The event will be held from Oct. 23-15 in Centennial, Colo. The AccuFund Summit for Nonprofits and Government, Ascending to New Heights, is aimed at providing AccuFund customers intensive learning from the experts who develop, train and support […]
An annual assessment of the Internal Revenue Service’s information technology program found that the agency could do more to leverage limited resources to upgrade systems and improve security. As an example, the report by the Treasury Inspector General for Tax Administration noted that better identifying surplus funds could have freed up $67 million for spending […]
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