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Following President Donald Trump’s instructions to identify burdensome recent tax regulations, the Treasury Department has released a list of eight that it thinks could be revoked to lighten the compliance load on taxpayers. As part of Notice 2017-38, the Treasury noted that 105 temporary, proposed and final regs between Jan. 1 and April 21, 2017, […]
April is firing season and your boss is asleep. The reality of this situation is that this statement can be viewed both literally and figuratively. If people are sleeping on the job in your firm, then you have to make a decision. It’s one thing when people doze off after a big lunch, but it’s […]
The Treasury Department has issued a notice proposing to revoke eight tax regulations under President Trump’s executive order aimed at reducing burdensome regulations. In April, Trump issued an executive order designed to reduce tax regulatory burdens. The order instructed the Treasury Secretary to review all “significant tax regulations” issued on or after Jan. 1, 2016, […]
Gathering, organizing and ensuring data consistency, particularly among disparate databases, can be challenging for organizations that are required to submit to the IRS employer reporting under the Affordable Care Act mandates. The deadlines for filing ACA information returns with the IRS for the 2015 and 2016 tax years have passed. Hopefully, your clients who employ […]
The Institute of Management Accountants has updated its Statement of Ethical Professional Practice to guide the conduct expected of IMA members. The new SEPP guidance stems from research by the IMA’s Committee on Ethics, which studied the ethics codes of a number of other professional organizations, along with the global ethics standard released by the […]
Private sector employment increased by 158,000 last month, according to payroll giant ADP, in another sign of the job market moving toward what economists consider “full employment.” Small businesses added 17,000 jobs, mostly in businesses with between 20 and 49 employees. Midsize businesses with between 50 and 499 employees added 91,000 jobs. Large businesses added […]
This annual report ranks the top resellers in the accounting space, and dives into the major issues they’re facing, as well as their strategies for success. Register to View
(Bloomberg) Eager to pay more taxes? Then look no further than Norway. Hammered by the opposition for slashing taxes and going on a spending spree with the country’s oil money, the center-right government has hit back with a bold proposal: voluntary contributions. Launched in June, the initiative has received a lukewarm reception, with the equivalent […]
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