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NY Dept Taxation Finance

December 9, 2019 

New York Sets Confusing, Retroactive Sales Tax Policy

The January 2019 notice provided an exception for small remote sellers. Businesses with no physical presence in New York need to collect New York sales tax only if, in the immediately preceding four sales tax quarters ...

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December 9, 2019 

South Florida Philanthropic Leaders Join Forces to Maximize Charitable Giving

The Community Foundation of Broward, Jewish Community Foundation of Broward County and United Way of Broward County joined forces to present the 18th Annual Joint Tax and Estate Planning Seminar at Nova Southeastern University in the Rose and Alfred Miniaci Performing Arts Center on December 4. As South Florida’s premier tax and estate planning event, the...…

IRS_logo

December 9, 2019 

IRS Interest Rates to Stay the Same for Q1 2020

Under the Internal Revenue Code, the rate of interest is determined on a quarterly basis. For taxpayers other than corporations, the overpayment and underpayment rate is the federal short-term rate plus 3 percentage points.

crystal-ball-predictions-pan-1_11542373

December 6, 2019 

In Firm: 2020 IT Predictions and 2019 Results

With technology evolving at an increasingly breakneck pace and impacting literally every aspect of today’s accounting practice, it has never been more difficult to separate the tech hype from the reality of workable solutions.

Roman Kepczyk

flags world

December 6, 2019 

IRS Issues Final Regs on Foreign Tax Credit

Additionally, the TCJA changed how taxable income is calculated for purposes of the Foreign Tax Credit limitation by disregarding certain expenses and repealing the use of the fair market value method for allocating interest expense.

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December 6, 2019 

Forms W-2, W-3 Due by Jan. 31, 2020

Certain Forms 1099-MISC, Miscellaneous Income, filed with the IRS to report non-employee compensation to independent contractors are also due at this time. Such payments are reported in box 7 of this form.

BDO

December 6, 2019 

BDO Network Announces FY19 Global Revenue of $9.6 Billion

BDO, one of the world’s leading global networks of independent public accounting firms, today announced its global revenue for all BDO Member Firms (including the exclusive members of Member Firms’ Alliances) at $9.6 billion for the fiscal year ended Sept