Donor-advised funds have been receiving more than half of their contributions from complex assets such as shares of public and private companies, real estate and cryptocurrency in the past five years, according to a new report. The report, released last week by the National Philanthropic Trust, which manages DAFs on
Private equity firm Vista Equity Partners today agreed to acquire global tax compliance player Avalara in an all-cash deal worth $8.4B. The Seattle-based cloud tax compliance platform was founded in 2004 and made a reputation for itself offering transactional tax compliance services, partnering with ERP, accounting, ecommerce and other financial
We’re in the middle of 2022. Have you made the changes necessary to go from a good partner to a great partner? The year is half over, and it’s time to push yourself to be the best leader possible. How? I’m going to share some insights into how you can
The Senate passed a landmark tax, climate and health-care bill, speeding a slimmed-down version of President Joe Biden’s domestic agenda on a path to becoming law after a year of Democratic infighting that the White House was unable to control. The vote on the bill was 51 Democrats in favor
All Bonadio Group offices were closed on Friday, as the CPA firm celebrated its fifth annual Purpose Day. This tradition encourages staff members to spend a day volunteering at various charitable organizations, and over 560 staff members participated across New York State. “Just as with our client relationships, the Bonadio
The American Institute of CPAs has sent comments to lawmakers in the House and Senate about the tax proposals in the Biden administration’s climate, tax and spending bill, which could be seeing a vote as soon as this weekend in the Senate. Last night, one key holdout senator, Kyrsten Sinema,
I recently wrote an article about how to implement conference lessons for lasting change. If you haven’t read that I would encourage you to do so, as this is somewhat related to that content. CPA firms are inundated with a large number of technology offerings on an almost daily basis.
The self-employed often come to CPAs for business advice, so why not retirement planning? As the number of entrepreneurs grows, CPA firms can grow with them by providing needed personal financial planning advice. There are about 16 million workers in the United States who consider themselves to be self-employed now, up
Opinions expressed by Entrepreneur contributors are their own. Bookkeeping is the foundation for all small business insight. If you’re running a small business, you’ve got to make it habitual. All too often, bookkeeping is put aside by small business owners to tackle the most pressing matter of the moment. If
One sentence at a time; comp con; D.A. cleared; and other highlights of recent tax cases. New Orleans: Two tax preparers have been sentenced for conspiring to defraud the federal government. Carlanda Isaac, sentenced to 40 months in prison, worked for Pelican Income Tax and Bookkeeping Services and later for
