Accounting Today

JULY 15, 2025

The bill said that you had to have the asset placed in service by 2027 but also you had to start construction on that facility within one year of the enactment date," said Ian Boccaccio, principal and income tax practice leader at tax firm Ryan. "If All rights reserved.

Tax

Accounting Today

JULY 2, 2025

Get yourself ready Institute on Taxation and Economic Policy ( [link] ): How much do the top 1% in each state get from the Senate tax bill? Tax Vox ( [link] ): How the Senate bill is even more regressive than the Finance Panels version. Tax Talk: ( [link] ): Buh-bye, "Revenge Tax." All rights reserved.

North Carolina

Accounting Today

JULY 2, 2025

finance professionals, 48% revealed they have been targeted by deepfake fraud, and 42% have fallen for deepfake scams. Establishing a robust accounts payable audit trail is also made more efficient through the adoption of a digital payment system. All rights reserved. In fact, according to Medius 2024 survey of U.S.

Technology

Accounting Today

JULY 18, 2025

ALABAMA Machen McChesney, Auburn, promoted: Emma Farris to manager, Mary Elizabeth Bond to supervisor, and Ally Bean, Cole Dewberry and Keeley Leisure to senior accountants. All rights reserved. relocate offices; and more news from across the profession. relocate offices; and more news from across the profession. Cohen & Co.,

Indiana

Accounting Today

JULY 2, 2025

EDT 2 Min Read Facebook Twitter LinkedIn Email fotolia As the Trump administrations One Big Beautiful Bill heads into the final stages of the legislative process, finance leaders are split in their assessment of the potential effects on their companies. All rights reserved.

North Carolina

Accounting Today

JULY 2, 2025

By Michael Cohn 1h ago Accounting Private sector loses 33K jobs Private sector employers cut 33,000 jobs in June, the first decline in over two years, while annual pay grew 4.4% All rights reserved. year-over-year, payroll giant ADP reported.

North Carolina

Going Concern

JANUARY 2, 2023

While the PCAOB has been on a mission to scare the pants off of auditors everywhere in the past year with record fines and scary speeches, the Financial Accounting Standards Board took a much more chill approach to 2022. The FASB’s record breaking year for the past two decades took place in 2010 with 29 new standards issued.

accounting standards

Menzies

OCTOBER 6, 2023

Menzies LLP - A leading chartered accountancy firm. This new allowance enables companies to claim a 100% deduction for tax purposes in the year of spend on particular capital investments. This new allowance enables companies to claim a 100% deduction for tax purposes in the year of spend on particular capital investments.

corporation tax

Accounting Insight

MARCH 3, 2023

As digital transformation continues to accelerate the evolution of tax and accounting, the players who expedite their embrace of these six tech trends will have an early mover advantage. The EU will require green energy and carbon footprint financial reporting in 2023, and the US will require it by 2026.

Tax

ThomsonReuters

MARCH 9, 2023

Tax and Accounting professionals, listen up! Aren’t you tired of spending countless hours pouring through textbooks and internet searches trying to find the latest tax laws? Enter: Thomson Reuters Tax Season Toolkit. And then having to decipher them into easy-to-understand nuggets that work for your clients?

Tax

Menzies

MAY 11, 2023

Menzies LLP - A leading chartered accountancy firm. You have identified the new piece of equipment your business needs, it’s worth pausing to consider the best way to structure the purchase and tax can play an important role in the determining the best option for your business. – Should surplus cash be used?

Manufacturing

Inform Accounting

NOVEMBER 18, 2022

The leaked and previously announced tax increases are still going ahead…. Corporation tax from April 1 2023 to increase to 25% for companies with profits over £250,000. Companies with profits under £50,000 will be taxed at 19%. Companies with profits between £50,000 and £250,000 will be taxed between 19% and 25%.

Tax

CPA Practice

JUNE 13, 2024

The Tax Cuts and Jobs Act of 2017 (TCJA) brought about substantial changes to the tax landscape, significantly increasing the lifetime estate and gift tax exemption amounts ($13.61 This strategy balances the benefits of current tax law with the need for financial flexibility and security. million for individuals and $27.22

Real Estate

Accounting Today

JULY 3, 2025

She deposited the refund check into a trust bank account and immediately transferred most of the balance to a separate bank account, both of which she controlled. Edelman pleaded guilty to 10 felony counts: conspiracy to defraud the United States, seven counts of tax evasion and two counts of making a false statement.

Tax

Shay CPA

NOVEMBER 13, 2024

What’s changing If nothing changes and the TCJA expires on January 1, 2026, taxation across the country will change in a number of ways. Changes that impact your personal taxes The bulk of TCJA corporate tax provisions aren’t set to expire with the Act at the end of next year. SALT deduction cap expiration. We can help.

Tax