Taxes December 9, 2025
Chicago Mayor Tweaks Head Tax Plan to Target Bigger Companies
Mayor Brandon Johnson proposed a new version of his head tax Tuesday, now pushing a $33-per-employee monthly tax on companies with over 500 Chicago employees.
Taxes December 19, 2023
IRS: Collection Notices Are Coming Back in 2024
The IRS has hit the restart button on sending out automated collection notices, ending a two-year hiatus because of the COVID-19 pandemic.
Firm Management December 19, 2023
Embracing AI: 7 Keys for a Modern Accounting Firm
In an era where AI, particularly generative AI, is reshaping industries, small accounting firms stand at a crossroads.
Firm Management December 19, 2023
Aprio Merges in Texas Accounting Firm Ridout Barrett & Co.
Aprio has gained more than 50 partners and professionals from RBC, which has offices in San Antonio and Austin.
Firm Management December 19, 2023
PwC Buys Surfaceink
San Jose, CA-based Surfaceink is known for being a key hardware engineering partner for Apple after Steve Jobs' return as CEO.
Taxes December 19, 2023
New York Considers New Taxes on Guns and Ammunition
Firearms and ammunition are already subject to New York sales tax. If New York State Senate Bill 7733 is enacted, it will place an additional excise tax on the sale of firearms and ammunition.
Accounting December 19, 2023
FASB Issues One Last Proposed ASU to Close Out the Year
The proposed rules issued by the FASB on Dec. 19 focuses on induced conversions of convertible debt instruments.
Accounting December 19, 2023
FASB Makes 2024 GAAP and SEC Taxonomies Available
Taxonomies on GAAP financial reporting, SEC reporting, and DQC rules were released by the FASB on Dec. 18.
Firm Management December 19, 2023
Calvetti Ferguson Adds Dallas CPA Firm Gummer Group
With the acquisition of Gummer Group on Dec. 1, Calvetti Ferguson's headcount in its Dallas office increased by 25%.
Small Business December 19, 2023
The Benefits of Delayed Business Filings
In the complex world of small business finance and accounting, the strategic timing of business filings can be a game-changer.
Taxes December 19, 2023
Hunter Biden Faces Jan. 11 Arraignment on Tax Charges
Hunter Biden must respond to federal charges that he failed to pay taxes on millions of dollars he received from foreign businesses.
Taxes December 19, 2023
New State and Local Taxes – Dec. 2023
The start of a month typically brings some number of tax-related changes. Some of the standouts for December 2023 are described below.
Accounting December 19, 2023
Quadient Integrates with Xero for Automated SMB Accounting
Quadient AP eliminates the need for manual data import or export, reducing the risk of human error, accelerating cash flow and giving businesses a clearer understanding of their AP status.