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AICPA News – June 2023

CPA Practice

The coalition includes the following organizations: AICPA Latino Tax Pros National Association of Black Accountants, Inc. NSBCPA) National Society of Tax Professionals (NSTP) Padgett Business Services The Diverse Organization of Firms (DOF) H&R Block Prosperity Now. Michael Paul Donnelly, Jr.

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AICPA Recognizes Top 2022 CPA Exam Performers with Elijah Watt Sells Award

CPA Practice

Justin Briggs (Texas), a graduate of The University of Texas at Dallas with a Bachelor of Science in accounting and a Master of Science in accounting, is employed with Capital One in Plano, TX. Michael Paul Donnelly, Jr.

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Year-End, Capital Gains Tax and Iffy Choices

inDinero Tax Tips

Before we bid this abysmal year farewell, let’s talk taxes. Do you think tax rates will go up in 2021? If Democrats win both Georgia Senate seats in January, and. If the US House, Senate, and president all agree to raise (cap gains) taxes in 2021, and. We certainly don’t know and there are numerous ifs to consider.

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More Than a Loophole: Delaware Sales Tax and Other Benefits of Incorporation in DE

inDinero Tax Tips

Incorporation is a critical legal matter that impacts more than your company’s tax responsibilities for doing business. Delaware is considered “the place” to establish your corporate entity as there’s no Delaware sales tax. Delaware is considered “the place” to establish your corporate entity as there’s no Delaware sales tax.

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Friday Footnotes: EY Cancels Christmas; A Very Sucky PwC Report; Should We Tax Robots? | 12.23.22

Going Concern

Michael Burry, who started Scion Asset Management and predicted the financial crisis of 2008, said in December auditors who work with crypto firms are “learning on the job.”. IRS delays Form 1099-K $600 reporting threshold [ Journal of Accountancy ]. Should we tax robots? [ placed a tax on robots? MIT News ].

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Friday Footnotes: A World Without Accountants; GAO Finds a Big Mistake; ‘Fazbie’ | 8.5.22

Going Concern

Meet the accountants who may become the new power brokers of taxes. [ Meet the accountants who may become the new power brokers of taxes. [ needs full access to Chinese company audit papers to resolve accounting dispute -watchdog [ Reuters ] The U.S. dOnt GEt a RaISe YoU’LL pAy 30% tAx!!!!

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Shrinking the Delaware Tax Loophole: Other U.S. States to Incorporate Your Business

inDinero Tax Tips

Incorporation is a critical legal matter that impacts more than your company’s tax responsibilities for doing business. Delaware does tax companies. In 2011, Delaware garnered $860 million in taxes and fees from out-of-state business entities incorporated under its laws. With so few taxes, how does Delaware rake it in?