Close

Blog Articles & Video Uncategorized

On the move: MarksNelson adds new partner

Shari Fox Shari Fox of Tax Fox Consulting joined MarksNelson, Kansas City, as a partner. Ted Dickman, CEO at BKD, Springfield, received a 2021 Glassdoor Employees’ Choice Award, recognizing the Top CEOs for the past year, based on the site’s anonymous and voluntary employee reviews. Rubin Brown promoted: Matt Hefti

Read More »

New bill would crack down on conservation easement tax abuses

Congress reintroduced legislation to prevent abuses of the charitable conservation easement tax break that’s supposed to protect public lands, but is often used as a tax shelter. Rep. Mike Thompson, D-California , who chairs the House Ways and Means Subcommittee on Select Revenue Measures introduced the Charitable Conservation Easement Program

Read More »

IRS releases data on activities during COVID

The Internal Revenue Service released a Data Book Thursday highlighting the IRS’s activities this past fiscal year, particularly in response to the pandemic. During the COVID-19 pandemic, the IRS developed new technology and furnished the equipment needed to allow thousands of its staff to work from home, enabling the IRS

Read More »

Wipfli makes good on expansion plans

Wipfli’s latest merger is bringing the Midwest-based firm to California, but since the pandemic, it has been able to recruit talent around the world. Earlier this month, the Milwaukee-based Top 20 Firm announced a deal to merge in Mueller Prost, a St. Louis-based firm that also has offices in Irvine,

Read More »

H&R Block’s Wave unit plans new AR abilities

H&R Block’s financial technology innovation arm, Wave, is adding new accounts receivable features to its small-business bookkeeping software. In July, Wave plans to add new AR management features, including an invoice list view for identifying customers with unpaid invoices. A new customer list view will let users see how much

Read More »

Global minimum tax on corporations faces pushback

The Biden administration’s proposal to impose a global minimum tax on corporations has been provoking opposition in Congress, with Republicans advocating user fees instead to pay for infrastructure improvements. A bipartisan group of senators has proposed indexing the gas tax for inflation as a way to pay for an infrastructure

Read More »

Biden rebuff on gas tax casts doubt on infrastructure deal

The White House reiterated President Joe Biden’s opposition to indexing the gasoline tax to inflation to help pay for an infrastructure plan, raising new questions about the viability of a bipartisan compromise emerging in the Senate. “After the extraordinarily hard times that ordinary Americans endured in 2020 — job losses,

Read More »

SEC reportedly investigating former PCAOB chair Duhnke

The Securities and Exchange Commission is reportedly probing William Duhnke, the recently fired chair of the Public Company Accounting Oversight Board. The Wall Street Journal reported Thursday that the SEC is investigating whether Duhnke violated any rules relating to the handling of internal complaints at the PCAOB. Duhnke was abruptly

Read More »

Firms slowly return to offices while giving employees flexibility

Accounting firms, like many businesses, are reopening their doors as the COVID-19 pandemic recedes thanks to wide availability of vaccines in the U.S., but they’re trying to avoid alienating staff. Firms have been welcoming back employees who have been working from home for over a year, but giving them options

Read More »