The Public Company Accounting Oversight Board plans to host a series of five in-person forums this year, with different members of the board visiting cities including Chicago, Los Angeles, Denver, Miami, and Jersey City. The forums will focus on auditing in the small business environment and on auditing broker-dealers. The initial forum will feature PCAOB
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US President Joe Biden gestures after speaking about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024.  Andrew Caballero-Reynolds | AFP | Getty Images The Biden administration has published its new student loan forgiveness proposal, putting it on the path to start clearing debt for millions of borrowers this
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Enjoy complimentary access to top ideas and insights — selected by our editors. You and your team have worked tirelessly to complete clients’ tax returns accurately and on time this past tax season. You’ve sifted through hundreds of scattered documents, statements and receipts. You’ve reviewed fact patterns and precedents and double-checked the Tax Code well
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Brittany Pietsch, a former account executive at Cloudflare, recently gained viral attention by sharing a nine-minute video of her termination on TikTok. Anticipating the termination after her colleague’s dismissal half an hour earlier, Pietsch titled the video, POV: You’re about to get laid off. Enjoy the trauma! 🙂 In the video, two company representatives who
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If you buy something through our links, we may earn money from our affiliate partners. Learn more. The emergence of direct-to-film (DTF) printing technology has provided a significant evolution in printing capabilities. DTF printers, renowned for their versatility and efficiency, offer a solution for business owners looking to elevate their product offerings and streamline their
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Americans Are Still Paying for the Trump-Biden Tariffs Skip to content Home • Blog • Americans Are Still Paying for the Trump-Biden Tariffs If reelected, President Trump would drastically escalate the trade war he started during his first term, with proposals for new 10 percent universal baseline tariffs and 60 percent tariffs on imports from
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The Internal Revenue Service is extending tax relief on required minimum distributions from retirement accounts not made in 2024 after providing similar relief in recent years. In Notice 2024-35, the IRS said Tuesday such relief was provided with respect to certain RMDs in 2021, 2022 and 2023, and is being extended now to certain RMDs
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For individuals, gross income is the total pre-tax earnings from wages, tips, investments, interest, and other forms of income and is also referred to as “gross pay.” For businesses, gross income is total revenue minus cost of goods sold and is also known as “gross profit” or “gross margin.” What Is the Importance of Gross
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Forward-thinking organizations and strategic CFOs are always on the hunt for ways to improve cash flow and optimize the finance function.  According to a recent Gartner survey, four out of the five top priorities for CFOs in 2023 involved bringing about significant strategic change within the finance function, particularly via new technology and data. These
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The Internal Revenue Service is waiving penalties to companies that fail to pay their estimated taxes for the first quarter for the corporate alternative minimum tax. In Notice 2022-33, the IRS said Monday the relief notice applies only for calculating the installment of estimated income tax of a corporate taxpayer that’s due on or before
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Few college admission cycles have been as hard on students as this one. National College Decision Day — the deadline most schools set to decide on a college — is just two weeks away. But many college hopefuls are still unsure of where they stand financially, as problems persist with the new Free Application for Federal Student Aid.
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The Internal Revenue Service reported stronger performance on Monday, April 15, as it concluded this year’s tax filing season, saying it had answered 1 million more phone calls from taxpayers and helped 170,000 people in person compared to last year. The IRS has been improving its technology and taxpayer service, thanks to the extra boost
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If you buy something through our links, we may earn money from our affiliate partners. Learn more. Small business owners and entrepreneurs in the personalized market are constantly seeking innovative ways to stand out and connect with their customers. One exciting tool in this endeavor is sublimation ink – a dynamic and versatile product that
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The Internal Revenue Service threw a late curveball at tax professionals scrambling to meet the April 15 deadline when, on April 9, it released a post-release change updating the 2023 Partner’s Instructions for Schedule K-1. This seemingly minor update packs a big punch, adding new compliance burdens for partnerships and their corporate partners. To start,
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