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Firms Adapt to Changed Landscape for Clients, Revenue

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Promotions Continue, Even During Pandemic

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Dynamic Audit Solution: Transforming Audits

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NYS Enacts Recreational Cannabis Legalization

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Latest Articles

As Infrastructure Negotiations Enter Home Stretch, Deal Comes Under Attack From Both Left and RIght

By:

Chris Gaetano
|
Jul 16, 2021

The bipartisan infrastructure deal is experiencing some bipartisan pushback as both the left and the right threaten to tank the package for different reasons.
Expanded Child Tax Credits Begin Today

By:

Chris Gaetano
|
Jul 15, 2021

The Treasury Department and the IRS announced that the first wave of expanded child tax credits were sent out today.
Study Grades Most States a 'C' or Worse in Financial Literacy

By:

Chris Gaetano
|
Jul 15, 2021

Financial literacy in most U.S. states ranges from mediocre, at best, to downright abysmal, according to a recent study by the American Public Education Foundation.
Senate Democrats Propose Bill Federally Legalizing Cannabis

By:

Chris Gaetano
|
Jul 15, 2021

Senate Democrats are in the process of drafting a bill that would end federal prohibition of cannabis products.
TIGTA: Over 500 Govt. Entities Erroneously Received Pandemic Aid

By:

Chris Gaetano
|
Jul 14, 2021

The Treasury Inspector General for Tax Administration (TIGTA) reported that the IRS accurately processed the majority of Forms 7200, Advance Payment of Employer Credits Due to COVID-19, but it also identified a total of 317 potentially fraudulent claims that slipped through the verification process, as well as over 500 government entities that erroneously received the credits.
Tax Preparer Found Guilty of Not Filing Own Taxes, Was Adherent of 'Sovereign Citizen' Movement

By:

Chris Gaetano
|
Jul 14, 2021

A tax preparer in Virginia has been found guilty of not filing his own taxes for many years. This was not due to him being so devoted to his clients that he forgot to take care of himself but, rather, his belief that he doesn't need to pay taxes due to being a sovereign citizen.
Fitch: U.S. Political Divide Could Be Credit Risk

By:

Chris Gaetano
|
Jul 14, 2021

While ratings agency Fitch retained its AAA outlook for the United States, it warned that rising levels of political division could present a risk in the future that would lead it to downgrade the country's credit.
SEC Alleges Corporate Name Change Part of Insider Trading Scheme

By:

Chris Gaetano
|
Jul 13, 2021

Why would a company that used to make nothing but iced tea and other beverages almost overnight switch and become a blockchain company? According to the Securities and Exchange Commission (SEC), it was to enact an insider trading scheme.
Consumer Prices Spike, Led Mostly by Used Cars

By:

Chris Gaetano
|
Jul 13, 2021

Inflation continued its sudden rise, with consumer prices reaching heights not seen since 2008, much of them associated with industries, such used cars, that were particularly affected by the pandemic.
Survey Shows Slight Majority Oppose Vaccine Mandates at Work

By:

Chris Gaetano
|
Jul 13, 2021

A recent poll has found that a slight majority of working people are against vaccine mandates in workplaces.

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