Accounting

The submitted recommendations will simplify filing for taxpayers and practitioners, reduce the administrative burden on the IRS

Inflation is still pushing consumers to reduce their discretionary spending, a new Fiserv report shows.

Small businesses are about to face a tax hike that will hurt workers and weaken communities if Congress does not take action.

Section 4501(a) was enacted as part of the Inflation Reduction Act of 2022 and provides that a covered corporation is subject to “a tax equal to 1 percent of the fair market value of any stock of the corporation which is repurchased by such corporation during the taxable year.”

Total retail sales, excluding automobiles and gasoline, were up 0.47% seasonally adjusted month over month and up 3.42% unadjusted year over year in June, according to the Retail Monitor.

Hosts Randy Johnston and Brian Tankersley, CPA, discuss a newly-formed relationship between QuickFee and Knuula.

These additions mark Andersen’s first valuation service offerings in Africa, adding to the firm’s global valuation service offerings in North America, Europe, Latin America, the Middle East, and Asia.

Aprio is the latest firm to jump on the private equity gravy train, as Charlesbank Capital Partners has agreed to buy a stake in the firm.