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October 28, 2021

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'Billionaires Tax' on life support; lawmakers ponder new 3% levy on millionaires

By Lynnley Browning       3 min read

With stiff opposition to their call for billionaires' and $100 million earners to pay taxes on unrealized gains, lawmakers are moving to Plan B. View story →

Brown Edwards acquiring Mitchell Wiggins

By Michael Cohn       2 min read

The Top 100 Firm is expanding its presence in Virginia.  View story →

RELATED

GRI appoints PwC partner as new CEO →

The Global Reporting Initiative has confirmed Eelco van der Enden, a partner at PwC Netherlands, as its next CEO, starting Jan. 1, 2022.

RKL merges in Stoudt Associates

By Michael Cohn       2 min read

RKL LLP, a Top 100 Firm, is expanding its presence in Pennsylvania's Lehigh Valley region by adding Stoudt Associates, based in Allentown, effective Nov. 1. View story →

IRS extends tax deadlines for some Hurricane Ida victims in Mississippi

By Michael Cohn       3 min read

The Internal Revenue Service is giving victims of Hurricane Ida in some parts of Mississippi until Jan. 3, 2022 to file their individual and business tax returns, although the Nov. 1, 2021 deadline still applies to the rest of the state.  View story →

GRI appoints PwC partner as new CEO

By Michael Cohn       2 min read

The Global Reporting Initiative has confirmed Eelco van der Enden, a partner at PwC Netherlands, as its next CEO, starting Jan. 1, 2022. View story →

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2022 dates, location announced for Scaling New Heights

By Daniel Hood       1 min read

Woodard Events will be holding its flagship conference in Orlando in June next year. View story →

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Democrats’ billionaire tax plan would hit about 700 people

By Laura Davison       4 min read

Senate Democrats detailed their proposed levy on the ultra-wealthy, a new and logistically risky approach to taxation. View story →

Mnuchin warns of unintended consequences in billionaire tax plan

By Ben Bartenstein and Yousef Gamal El-Din       2 min read

The former Treasury secretary is concerned about the potential knock-on effects of a proposed levy on the super-wealthy. View story →

Accountants’ favorite apps: 2021 edition

By Ranica Arrowsmith      

Our readers picked a mix of accounting and finance apps that work particularly well with central accounting software; as well as other apps that keep accountants sane in their off hours.  View story →

Gusto acquires Remote Team

By Michael Cohn       2 min read

The deal will help small-business customers hire remote workers in other states and abroad. View story →

5 steps to prevent fraud

By Brandy Keller      

While no one wants to believe fraud is occurring at their organization, unfortunately, it can and does.  Read story →

In the blogs: Nonsense and sensibility

By Jeff Stimpson       3 min read

Practices’ problems, by firm size; remote tax obligations for services; hammering the basics; and other highlights from our favorite tax bloggers. Read story →

New taxes — without new laws

By Roger Russell       3 min read

West Virginia didn’t need to change the laws to begin taxing streaming services. Read story →

Choice architecture for interacting with clients

By Kyle Walters       4 min read

One of the biggest areas of friction between CPAs and their clients is in the area of document sharing. Here are some solutions. Read story →

New inflation fears rattle Wall Street, retirement planners

By Lynnley Browning       5 min read

With banks and the Federal Reserve now eyeing more lasting inflation, many financial advisors are adjusting things for their clients.  Read story →

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