Taxes June 26, 2026
Controversial Billionaire Tax Will Appear on November Ballot in California
A one-time 5% tax on California billionaires’ assets is headed to the November ballot, pitched as a way to backfill Trump administration healthcare cuts.
February 4, 2022
How CPA Firms Can Combat Talent Crisis Trends
In just under two years' time, the pandemic has touched every aspect of business life and working environments. Intermittent outbreaks and lockdowns are forcing companies to innovate alternatives to the typical “commute to the 9-5 office” routine...
February 4, 2022
IRS Warns of Scammers During and After Tax Season
These schemes can involve text message scams, e-mail schemes and phone scams. This tax season, the IRS also warns people to watch out for signs of potential unemployment fraud.
February 4, 2022
Massachusetts Society of CPAs Urges State to Update Tax Code
The Massachusetts Society of CPAs (MassCPAs), the professional association of certified public accountants representing over 11,000 members, just announced that it has released a whitepaper that supports Governor Baker’s proposal to update the ...
February 4, 2022
AICPA Releases Statement on IRS Plans to Reassign Staff to Address Backlog
American Institute of CPAs (AICPA) president and CEO, Barry Melancon, CPA, CGMA, released a statement following reports of the Internal Revenue Services (IRS’) plans to reassign staff to address the current backlog:
February 3, 2022
DHG Becomes Authorized CMMC 3rd Party Assessor Organization (C3PAO)
To become an Authorized C3PAO, DHG underwent an assessment of adherence to the requirements of the CMMC framework. Once the CMMC Assessment Process (CAP) is finalized by the Department of Defense and the CMMC Accreditation Body, DHG’s team will be able to
February 3, 2022
Ledgible Announces Crypto Staking Tax Options in Light of Developments in Lawsuit Against the IRS
Ledgible, a professional platform for tax and accounting of crypto assets, has announced upcoming reporting options for staking rewards in light of the recent announcement concerning the lawsuit against the IRS over staking rewards, released by the Proof of Stake Alliance (POSA). “As there still remains differing positions around how staking rewards are taxed, Ledgible...…
February 3, 2022
Baker Tilly Acquires IT Services and Consulting Firm Orchestrate Healthcare
The accounting advisory CPA firm Baker Tilly US, LLP (Baker Tilly) has acquired Orchestrate Healthcare, an award-winning healthcare IT professional services and consulting firm, seamlessly improving performance within the processes and systems, ...
February 3, 2022
BPM Receives Best of Accounting Award from ClearlyRated
The Best of Accounting award follows a streak of recognition for the firm that recently included being named to Forbes’ list of America’s Best Tax and Accounting Firms for the third consecutive year.
February 3, 2022
Xero Adds McAndrews to Board of Directors
Accounting technology provider Xero Limited has announced the appointment of Brian McAndrews as an independent non-executive director to its Board, effective February 2, 2022. Based in Seattle, Washington, Brian is a professional director who brings extensive experience from his career as an executive and CEO driving growth and innovation for leading technology, software-as-a-service and cloud-based...…
February 2, 2022
State-by-State Sales Tax Holidays for 2022
A sales tax holiday is a limited time period during which some normally taxable products are exempt from sales tax. Approximately 17 states provide one or more sales tax holidays each year; the precise number fluctuates because some states adopt new ...
February 2, 2022
5 Time Management Tips to Stay Sane During Busy Season
Pairing constantly changing tax laws with the stress of an increased workload can negatively affect your concentration and effectiveness. In fact, studies show that it can take more than twenty minutes to get back on task after an interruption.
February 2, 2022
DeVan & Lowery, PA to Merge into E. Cohen and Company, CPAs
This merger will allow clients to benefit from the expanded industries already offered by the larger E. Cohen, which serves groups such as biotechnology, construction, high-net-worth individuals, government contractors, nonprofit associations, real ...