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(Bloomberg) Senate Republicans are beginning to learn the details of the health-care bill they may be asked to vote on next week, with senators saying the measure envisions a more gradual transition away from Obamacare than the House-passed version. Republican Thom Tillis of North Carolina said the draft bill, which GOP leaders plan to release […]
(Bloomberg) Senate Republican leaders will unveil a closely held plan to replace Obamacare on Thursday that includes a longer transition period than a House-passed bill, though there’s no indication they have enough support for it to pass in a vote that could come as early as next week. The plan will differ from the legislation […]
CFP Board/YouTube The Certified Financial Planner Board of Standards has proposed a set of revisions to its Standards of Professional Conduct setting ethical standards for CFPs. The draft, called a Code of Ethics and Standards of Conduct, would broaden the application of the fiduciary standard, effectively requiring CFPs to put their client’s interest first at […]
The House passed legislation Tuesday to simplify state income tax rules for employees who travel across state lines. The Mobile Workforce State Income Tax Simplification Act of 2017 passed by voice vote in the House, but still awaits action in the Senate, where it has also been introduced. The bipartisan bill, sponsored in the House […]
Madoff victims still wait; suing the IRS anonymously; CP2000 explained; where tax dollars go; other highlights from our favorite tax bloggers. Therefore I scam Don’t Mess With Taxes (http://dontmesswithtaxes.typepad.com/): The great ones never quit: In the latest headline tax scam, “The ID thieves are still impersonating an IRS agent and they still want our money […]
Las Vegas-based accounting firm Johnson Advisors recently visited local Red Rock Elementary School on June 7 as part of the firm’s annual Fourth of July Card Program. Each year, the firm partners with a local elementary school in Clark County to support the community’s young people and have them participate in the card program. This […]
Auditors are increasingly taking responsibility for fraud detection and cybersecurity at companies, whether they like it or not. “The bottom line is that if there’s fraud and the auditor did not discover the fraud, there’s a 99 percent chance that the auditor will be sued,” said Ralph Summerford, president of Forensic Strategic Solutions, a financial […]
Bogus gifts, job expenses; ‘varying fees’ for fraud; Crazy skin game; and other highlights of recent tax cases. Tustin, Calif.: Preparer Thomas P. Butcher, 62, of Rancho Santa Margarita, Calif., and former owner of the prep business First Quality Tax Services, has been sentenced to a year and a day in prison for preparing and […]
The driver behind MA is no longer always growth, according to Charles Hylan of the Growth Partnership.
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