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Blog Articles & Video Scott Aber

QuickBooks Payroll Subscription – An Ultimate Guide To Do

QuickBooks payroll subscription allows users from all fields to automate payroll operations and achieve efficiency and effectiveness. In addition, users can access numerous benefits from QB payroll with multiple options to suit various needs. This detailed guide will explain everything about QB payroll subscription and other crucial details. Payroll is

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FASB weighs feedback on crypto asset standard

The Financial Accounting Standards Board has been receiving comments on its proposed accounting standard for crypto assets as it works to impose the first rules ever for how companies should report on their cryptocurrency holdings. FASB released the exposure draft in March and is still accepting comments through June 6

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Lawmakers introduce bill to expand Affordable Housing Tax Credit

Members of the Senate and House introduced bipartisan legislation to expand the Affordable Housing Tax Credit. The Affordable Housing Credit Improvement Act, introduced Friday, would increase housing credit allocations by restoring the 12.5% cap increase that expired in 2021 and further increase resources by 50% to help meet the growing

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Senate probes pharma cos.’ tax avoidance

The Senate Finance Committee examined the impact of the Tax Cuts and Jobs Act on pharmaceutical makers’ taxes and found the law enabled some of the biggest companies to lower their tax bills by shifting profits abroad. A memo released Thursday from Senate Democrats’ staff found the 2017 tax overhaul

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IRS to safeguard employee names

The Internal Revenue Service is taking steps to reduce the likelihood of harm to its employees by removing their first names from correspondence, but their last names and phone numbers will still appear.  A report released Thursday by the Treasury Inspector General for Tax Administration revealed that during walkthroughs at

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Tax Fraud Blotter: Secret ways

Pearl jam; that’s a whole lot of shingles; rocking their world; and other highlights of recent tax cases. New York: Amir Bruno Elmaani, of Martinsburg, West Virginia, founder of the cryptocurrency Oyster Pearl, has pleaded guilty to tax offenses. Elmaani admitted that he had secretly minted and sold for his

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PwC bets big on AI, climate and audit tech

PricewaterhouseCoopers is investing $1 billion in artificial intelligence technology like ChatGPT while also pouring money into geospatial technology to track rising sea levels and other signs of climate change as well as predictive analytics auditing technology, virtual reality and more. PwC demonstrated several of the products it’s been developing, and

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