3 key elements for successful remote auditing
adminJump to: Firms that have been introducing and experimenting with remote audits are finding it easier to embrace and collaborate with clients through cloud audit tools. As offices vanish or…
What is a CAF Number and How To Get One: Step-By-Step Guide
If you are looking to start offering tax resolution services, there’s a few things you’ll need to take care of first. One of those things is getting a CAF Number.…
Inheritance tax has been serving the nation since 1694, and needs to do so for a lot longer
According to a Sunday Times article published last night and now covered by others, including The Observer, Rishi Sunak is considering cutting inheritance tax. Whether this will be before the…
ERC Moratorium – What Does That Mean?
The IRS announced on September 14, 2023 a processing moratorium on new employee retention credit (ERC) claims. This means that it will not process any newly filed ERC claims until…
Framework for Income Taxation (BEFIT)
On 12 September, the European Commission released a proposal called “Business in Europe: Framework for Income TaxA tax is a mandatory payment or charge collected by local, state, and national…
Will McCarthy Need Help From House Democrats?
The GOP’s struggle to avoid a government shutdown could force a different deal. Politico reports that a group of centrists in the House are holding backroom talks with allies of…
What is Crowdfunding and How Does It Impact My Taxes?
Following COVID and natural disasters over the more recent years, you may have heard a lot about or participated in crowdfunding campaigns to raise money to help someone in need.…
2023 state legislatures break even on efforts to tax sports wagering
With the recent start to the NFL season, sports wagering is a popular topic of conversation among football fans. It’s also been a popular topic of debate in state legislatures.…
AI is Here — Should Your Firm Embrace It?
There's no doubt that the accounting industry is changing at a rapid clip. The integration of technology, specifically artificial intelligence (AI) and automation, means that accounting professionals must adapt and…
Labour tribalism and and the illogical belief that Starmer’s party is anything but deeply neoliberal
I got an interesting insight into the mindset of a surviving Labour Party member yesterday. My old friend, as that is what the person I was talking to is, might…