Benefits May 29, 2026
Don’t Forget About Tax on Social Security Benefits
Seniors can lower their PI via capital losses, annuities, growth stocks, life insurance, or IRA contributions.
Accounting July 24, 2023
Watchdog Agency Wants More Regulations on Use of AI in Lending
The CFPB has already taken steps to stamp out abuses. The agency last month proposed a rule for home appraisals computed by algorithms.
Taxes July 24, 2023
IRS Ends Unannounced Visits by Agents
Effective immediately, unannounced visits will end except in a few unique circumstances and will be replaced with mailed letters to schedule meetings.
Accounting July 24, 2023
Atlanta Businessman Sentenced to 5 Years for Bribery and Tax Evasion
The man was sentenced to five years in prison for paying bribes to two city of Atlanta officials in exchange for steering city business worth millions of dollars to his company.
Taxes July 24, 2023
Vertex Indirect Tax Determination Solution is Now an SAP Endorsed App on SAP Store
Endorsed Apps are selected by SAP for the value they provide to their customers and the proven ability to deliver desired outcomes.
Payroll July 23, 2023
Colorado Businessman Gets 15 Months for $737K Employment Tax Evasion
A Colorado man has been sentenced to 15 months in prison for evading the payment of more than $700,000 in employment taxes he owed to the IRS.
Taxes July 21, 2023
Pop Star Shakira to Face Second Tax Fraud Probe in Spain
The singer will soon stand trial for allegedly failing to pay 14.5 million euros ($13.9 million) in taxes between 2012 and 2014.
Taxes July 20, 2023
SALT Shakes Up House Republican Tax Package Discussions
House Republicans pushing to force relief from the $10,000 state and local tax cap could be a major challenge to GOP leadership.
Accounting July 20, 2023
Centri Business Consulting Hosts Community Collaboration Day
The Community Collaboration Day saw the Centri team donate 637 hours of time and over $20,000 to local nonprofits across the company’s footprint in Boston, Denver, New York City, Philadelphia, Raleigh, Tampa and Tysons Corner.
Taxes July 19, 2023
Bipartisan House Efforts on Child Tax Credit Start to Take Shape
The Problem Solvers Caucus, a group of GOP and Democratic lawmakers, plans to work on issues associated with the credit.
Taxes July 19, 2023
Tax Issues When Selling a House After a Divorce
What are the tax consequences regarding a home sale if you and your spouse split up or divorce?
Payroll July 19, 2023
FAFSA Changes Rules on 529 Plans, Making It Easier for Grandparents and Others to Help Students
Previously, any money that grandparents gave a grandchild for college had to be reported as student untaxed income on the FAFSA, potentially lowering the student’s eligibility for financial aid.
Taxes July 18, 2023
State and Local Taxes Changing At Rapid Pace
Over the past 60 years, in times of adverse economic cycles, sales taxes have provided a more resilient method of funding relative to income and property taxes.