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Monday Morning Accounting News Brief: Details on Grant Thornton’s PE Deal; What Is ‘Presented Fairly’ Anyway? | 5.13.24

Going Concern

AT&T is coming for your recruits : AT&T Woos Accounting Students, Bypasses Big Four Training Ground AT&T Inc.’s ’s top accountant is confronting a competitive job market by rethinking the company’s traditional reliance on large CPA firms as a training ground for new hires, taking her recruiting pitch on-campus instead.

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IRS Announces Annual PCOR Fee Adjustment

ThomsonReuters

However, legislation enacted at the end of 2019 reinstated the PCOR provision, continuing the fee requirements through plan years ending before October 1, 2029 (see our Checkpoint article ). See also EBIA’s Self-Insured Health Plans manual at Section VI.H (“Additional Taxes Under Health Care Reform”).

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What are countries doing to implement OECD’s BEPS Pillar 2.0?

ThomsonReuters

As the Organization for Economic Co-Operation and Development’s (OECD) ground-breaking Base Erosion Profit Shifting (BEPS) framework for taxing the digital economy is being implemented, countries around the globe are beginning to roll out the second of the OECD’s two BEPS pillars—Pillar 2.0. Unlike the OECD’s Pillar 1.0,

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IRS Announces Annual PCOR Fee Adjustment

ThomsonReuters

However, legislation enacted at the end of 2019 reinstated the PCOR provision, continuing the fee requirements through plan years ending before October 1, 2029 (see our Checkpoint article ). See also EBIA’s Self-Insured Health Plans manual at Section VI.H (“Additional Taxes Under Health Care Reform”). Contributing Editors: EBIA Staff.

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Trendspotting: Top Ten Payroll Issues of State Legislatures

ThomsonReuters

Table of contents: Minimum wage Paid leave Tax credits Unemployment Earned wage access Pay transparency Tipped workers Worker classification State-run retirement plans Work scheduling 1. House Bill 2481 seeks to increase the minimum wage to $15 per hour by 2029 through incremental increases. per hour to $15 per hour by 2025.

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The Changing Digital Transformation Landscape of the SME Practice

Accounting Insight

The scale and scope of digital transformation projects vary widely among accounting practices, particularly smaller to medium-sized firms. Second, the tax and accounting regulatory landscape is moving quickly, and SMEs know that they need to keep pace when it comes to meeting compliance guidelines.

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IRS Announces Annual PCOR Fee Adjustment

ThomsonReuters

However, legislation enacted at the end of 2019 reinstated the PCOR provision, continuing the fee requirements through plan years ending before October 1, 2029 (see our Checkpoint article ). See also EBIA’s Self-Insured Health Plans manual at Section VI.H (“Additional Taxes Under Health Care Reform”). Contributing Editors: EBIA Staff.

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