Relative accuracy; biggest cyberthreats; end-of-year meetings; and other highlights from our favorite tax bloggers.
Category: NYT Accounting News
Trump’s tax break wishlist reaches $11 trillion
If elected, Trump would go into negotiations with Congress regarding a set of tax proposals totaling $11 trillion and counting, according to the Tax Foundation.
Sales tax holidays: Boon or bust?
They’re great for customers, but these annual events are not necessarily great for retailers.
The clock is ticking on voluntary ERC disclosures
The IRS is reminding tax pros and employers that the window for voluntarily disclosing incorrect ERC claims is Nov. 22.
Indian regulators spar over auditor responsibility
A proposal aimed at enhancing auditor responsibility for preparing consolidated financials has led to a clash between two of India’s accounting regulators.
Trump, Harris to turbocharge economic pitches at dueling events
Kamala Harris will deliver a speech “to outline my vision for the economy.” Donald Trump, meanwhile, is set to offer remarks in swing-state Georgia on a plan to lower taxes for U.S. business owners.
ADP releases all-in-one generative AI platform
ADP announced the release of its new generative AI-based platform Lyric, touted as an all-in-one platform for payroll, service and other human capital management needs.
Art of Accounting: Accountants’ growing services
Impress upon your clients the importance of engaging you to perform an array of services for them.
RSM lays off 3% of staff
The cuts include roughly 240 employees in RSM’s consulting businesses, and come as demand for the profession’s consulting services wanes.
Special travel per diem rates begin next month
Rev. Proc. 2019-48 lays out the new rates for taxpayers who don’t want to substantiate their actual expenses.