Two members of Congress teamed up Friday to introduce a bipartisan bill that would offer tax credits for income from tips to beauty salon owners and workers. Rep. Suzan DelBene, D-Washington, and Darin LaHood, R-Illinois, together introduced the Small Business Tax Fairness and Compliance Simplification Act, which would offer tax
TurboTax now includes a software integration with Credit Karma Money, Credit Karma’s U.S. checking account solution. Taxpayers who file through TurboTax can now opt to open a Credit Karma Money Spend account and have their tax refund sent there directly. The Intuit Inc. TurboTax application is displayed on an Apple
Uber’s forthcoming acquisition of alcohol delivery service Drizly and Vivino’s recent round of funding signal seismic shifts for alcohol sellers and marketplace facilitators. A potent mash of alcohol regulations, tax obligations and marketplace facilitator laws is brewing as the industry adjusts to living with the COVID-19 pandemic. Together, these could
We’ve all heard the old saying, “The sum is greater than the parts.” That holds true for many things, including marketing strategies. While one marketer is good, two or more working toward a common goal is even better. When you think about the connection between partnerships and growth, it makes
The CPA Consultants Alliance held its annual meeting online to discuss challenges confronting the accounting profession from COVID-19 and elect a new slate of officers for this year. The group is readying a new season of its “Big Ideas!” podcasts in which CPACA members will discuss some of the challenges
A few days ago I received an email from a friend at a Top 500 accounting practice. He is the firm’s founder and senior partner and just wanted to touch base. He said something that I think is very important and I want to share it with you. He gave
MNP, one of the largest accounting firms in Canada, struck a deal Friday with Deloitte to acquire a significant portion of Deloitte’s business in Canada by March 1. As part of the deal, approximately 70 Deloitte partners and senior leaders, nearly 900 team members and close to 25 offices will
Expensify announced it is looking to award $100,000 in matching funds to ten grassroots movements that help create a “fairer, more inclusive, and just world.” Submissions are welcome through April 30, 2021. Expensify asks that submissions focus on one or more of the following five areas: climate, housing, hunger, reentry,
Off the top; bad Solutions; and we quote; and other highlights of recent tax cases. Final opportunities New Windsor, New York: Preparer Eversley Barrett, owner of the prep business Eversley Tax, has been sentenced to six months in prison after pleading guilty to charges of preparing false and fraudulent individual
With blacked out or blank television screens, front pages and web portals, Poland’s private media companies protested against plans to implement a new advertising tax they say is a disguised government attempt to muffle criticism. During the protest on Wednesday, the U.S. embassy in Warsaw tweeted that a “free media