Millionaires would pay up under Biden, study shows

Millionaires could see much bigger tax bills if Democrat Joe Biden is elected president in November, but levies on most households below the top income brackets would stay about the same as under President Donald Trump, an outside analysis shows.

Millionaires would pay up under Biden, study shows


Just keep leading

Now is the time to redouble your efforts, not to rest on your laurels.

Just keep leading


IRS updates per diem rates for 2020-2021

The Internal Revenue Service issued the special daily rates that taxpayers can use to substantiate the amount of expenses they can deduct for lodging, meals and incidental expenses.

IRS updates per diem rates for 2020-2021


Common mistakes firms make in developing and executing their strategic plan

Strategic planning is misunderstood in most small and midsized CPA firms.

Common mistakes firms make in developing and executing their strategic plan


Fraud on the rise during coronavirus pandemic

Anti-fraud experts are seeing a rise in various types of fraud this year due in large part to the COVID-19 pandemic, according to a new report released Friday by the Association of Certified Fraud Examiners.

Fraud on the rise during coronavirus pandemic


Tax help available in more languages

Among other things, the IRS is providing the 1040 in Spanish for the first time.

Tax help available in more languages


Sustainability standard-setters pledge to work together on common goals

The Carbon Disclosure Project, the Climate Disclosure Standards Board, the Global Reporting Initiative, the International Integrated Reporting Council and the Sustainability Accounting Standards Board will work on a common set of disclosures.

Sustainability standard-setters pledge to work together on common goals


People & firms on the move: Wolcott & Associates transitions ownership, name to Aviation CPAs

IRS named deputy chief of criminal investigation; Belfint, Lynos & Shuman promotes five; and more CPA news.

People & firms on the move: Wolcott & Associates transitions ownership, name to Aviation CPAs


Armanino blockchain attestation tool gets real world use

In 2019, Armanino debuted TrustExplorer, an assurance platform that uses blockchain technology to provide continuous evidence collection and on-demand audit opinions.

Armanino blockchain attestation tool gets real world use


Major companies reject Trump’s payroll tax deferral

A month after President Donald Trump moved to shore up workers’ incomes by giving employers the option of deferring payroll taxes, the effort has failed to energize a U.S. economy still reeling from the coronavirus pandemic.

Major companies reject Trump’s payroll tax deferral