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Congrats to Xero’s 2022 NABA Scholarship recipient

Xero

I am originally from Naperville, Illinois and I’m currently a senior studying accounting and business analytics at the Tippie College of Business at the University of Iowa. I plan to pursue the five year Masters of Accountancy program that will allow me to qualify for the CPA exam.

Iowa 70
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Southern Illinois University Wins 21st Annual Deloitte FanTAXtic National Case Study Competition

CPA Practice

A team of students from the Southern Illinois University, Carbondale, claimed victory at the Deloitte FanTAXtic national case study competition by presenting the best analysis on a complex, issues-driven business tax case.

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Chief Tax Writers Working to Broaden Appeal of Tentative $70 Billion Package

CPA Practice

By Caitlin Reilly, CQ-Roll Call (TNS) A bipartisan, bicameral $70 billion tax agreement taking shape on the Hill is drawing mixed reviews, pointing to potential challenges ahead for Senate Finance Chair Ron Wyden and Ways and Means Chairman Jason Smith. There’s a lot of businesses depending on us to get our job done here.”

Tax 98
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Why Idaho Senator Mike Crapo Largely Controls Bipartisan Tax Bill’s Fate

CPA Practice

Some progressive Democrats, on the other hand, say the child tax credit expansion doesn’t go far enough and the business tax cuts benefit major corporations. Chuck Grassley, R-Iowa, told reporters at the Capitol on Wednesday that parents receiving checks ahead of November’s election could favor the incumbent.

Idaho 49
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Some Republicans Crack Open Door to Child Tax Credit Deal

CPA Practice

An impasse on if or how to bolster the benefit has now held up tax negotiations for a year. While Democrats are demanding a child credit boost in any bipartisan tax package that also revives lapsed business tax breaks, some lawmakers in Republicans’ narrow House majority are also naming it a top concern.

Tax 52