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New York Governor Signs 2025-2026 Budget That Includes Business Tax Hikes

Withum

While there are no major tax changes in the budget bill, several items are worthy of note for taxpayers. Including a payroll tax hike and new rules related to partnership audits. Below is a summary of some of the more important tax changes. However, like most temporary tax hikes, it looks to be permanent.

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Professionals on the Move – June 2025, Part II

CPA Practice

Mr. Voinovich joins Schneider Downs from a Columbus-based national retailer, where he served as Chief Financial Officer since 2021. He officially joined the firm on May 12, 2025. He also has more than 25 years of public accounting experience in the Columbus area.

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Investing in the Home Team: How NIL Collectives Can Maximize Tax Savings

CTP

In 2021, student athletes were granted licensing rights for the first time, allowing them to earn income on the use of their name, image, and likeness (or NIL). Since the court decision in 2021, most Power Four schools (the most prominent NCAA Division I football conferences) have launched NIL collectives.

Tax
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Tax Fraud Blotter: Sick excuses

Accounting Today

EDT 6 Min Read Facebook Twitter LinkedIn Email By any other name; poor Service; a saga continues; and other highlights of recent tax cases. Rockford, Illinois: Tax preparer Gretchen Alvarez, 49, has pleaded guilty to preparing and filing false income tax returns. million payroll tax scheme. million.

Tax
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Professionals on the Move – July 2025

CPA Practice

Greg Daily, AIF® joined the firm in 2021, following over 20 years in the finance industry providing personal and institutional financial services. and India, contributing to the company’s 10x growth and supporting its successful IPO in 2021. She holds a B.S. Thanks for reading CPA Practice Advisor!

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Detroit CPA Sentenced for Federal Loan Fraud in Pennsylvania

CPA Practice

million in Paycheck Protection Program loans between 2020 and 2021. million in COVID-19 relief loans in Pennsylvania. million in COVID-19 relief loans in Pennsylvania. Authorities alleged Parker and other co-defendants defrauded the Small Business Administration and lenders of $14.5 He allegedly falsified PPP loan applications.

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Professionals on the Move – July 2025

CPA Practice

Greg Daily, AIF® joined the firm in 2021, following over 20 years in the finance industry providing personal and institutional financial services. and India, contributing to the company’s 10x growth and supporting its successful IPO in 2021. She holds a B.S. Thanks for reading CPA Practice Advisor!