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Congress Passes One Big Beautiful Bill – President to Sign on July 4

Withum

Thomas Massie of Kentucky and Brian Fitzpatrick of Pennsylvania, voting with the Democrats. Therefore, PTET deductions for both Specified Service Trades or Businesses (SSTBs), such as accounting and law firms, as well as all trades or businesses that utilize the 199A deduction, are allowed to be deducted for federal income tax purposes.

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Special Report: 2025 Readers’ Choice Awards

CPA Practice

From tax prep to asset management, invoicing and portals, and auditing to remote CFO functions, the services the accounting and tax pros provide are dependent on the technologies they use. The awards highlight the most useful technology for firms and clients.

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Tax Fraud Blotter: Boundless energy

Accounting Today

Pennsylvania: CPA Michael A. Liptrot, along with being a police officer, was owner and president of Liptrots Tax Services, where he fraudulently obtained two PPP loans in the name of "Liptrots Tax." All rights reserved. New York: CPA Kimberly Johnson, Bronx, indefinite from Nov. 14, 2024, and CPA George O.

Tax
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On the move: Whitley Penn names global talent partner

Accounting Today

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.

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Mastering U.S. Federal Payroll Compliance

CPA Practice

million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions. million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions.

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Pennsylvania Institute of Certified Public Accountants Issues 2023 State of Pennsylvania Public Accounting Firms Study

CPA Practice

The Pennsylvania Institute of Certified Public Accountants , the largest CPA association in Pennsylvania with over 20,000 members, has issued its latest Insights report. The report’s deep dive provides the latest data on compensation across titles, technology adoption, billing model breakdowns, M&A and more.

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What's new in state sales and use taxes

TaxConnex

Pennsylvania is changing how taxpayers e-file sales and use and excise returns, make payments and renew licenses, among other services. Texas sales tax revenue for the three months ending May 2022 was up 15.7% Sales tax is the largest source of state funding for the state budget, accounting for 59% of all tax collections.