The Internal Revenue Service has stepped up efforts to combat dubious tax advice promoting schemes involving the Fuel Tax Credit, the Sick and Family Leave Credit, and household employment taxes.
Category: NYT Accounting News
RNC platform highlights tax cuts, border
A Republican party committee approved a 2024 platform ahead of next week’s convention that includes addressing the migrant border crisis, cutting taxes and boosting domestic energy production.
BDO’s new COO and chair plan improvements
BDO USA recently appointed a new COO to oversee efforts to improve its audit practice and technology, as well as implement its ESOP.
How great works of art can bring grand tax savings on capital gains
Art carries higher rates than most investments, but financial advisors and their clients can tap into trusts, charitable donations, loss harvesting and the stepped-up basis.
Ryan lawsuit halts noncompete rule
A federal court issued a stay against the Federal Trade Commission’s noncompete rule after a lawsuit by tax services firm Ryan and the U.S. Chamber of Commerce.
On the move: MGO names new CIO
New Plante Moran managing partner begins tenure; Withum promotes 20 to partner; and more news from across the profession.
Ask what you can do for your profession
Whether there will be a next generation of accountants is, in many ways, up to all of us.
Estate planning for divorcing couples
When your clients are divorcing, you need to figure out two things: Which one is your client, and who is their attorney?
Practice Profile: A hand up for young accountants
Huselton, Morgan and Maultsby’s Student Leadership Program aims to steer more students into accounting — and prepare them for other decisions down the line.
Tech News: Avalara announces 49 new integrations
Plus, io.finnet launches virtual signer feature for enhanced digital asset operations; Caseware to hold webcast on AI audits; and other accounting tech news.