Choosing the scheduled tax season
After my last column about spreading out the tax season, several readers contacted me to share their experiences about making busy season more sane.
Settle up. Shining a light on the late payment scandal
Small businesses are the heroes of our economy. Yet they are not well defended when it comes to late payments, which cost UK businesses an estimated £1.6 billion in 2023.* The problem is politely called ‘late payment’ which makes it sound like a legitimate business practice. But it’s not. Late payments can drown small businesses. …
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IRS issues FAQ on Clean Fuel Production Credit
Notice 2024-49 and a new set of frequently asked questions from the Internal Revenue Service offer more clarity around the credit.
Intuit plans to replace 1,800 employees
The laid-off workers will be replaced by specialists in engineering, product, and customer-facing roles as part of Intuit’s larger AI plans.
Founder Files: The reluctant entrepreneur
Orumé Hays, founder of Hays CPA, wanted to make sure her future was never in someone else’s hands.
PwC starts mass China layoffs
Following an exodus of major clients, Big Four firm PricewaterhouseCoopers is cutting at least a hundred employees in China.
Dean Dorton acquires SaaS solutions provider
The acquisition will expand the Top 100 Firm’s portfolio of specialized accounting software and ERP solutions, particularly in manufacturing and distribution.
Rich people freeze themselves, and fortunes, for future revival
Estate attorneys are creating revival trusts aimed at extending wealth until people who get cryonically preserved can be revived, even if it’s hundreds of years later.
In the blogs: All the news that fits
The rich and the audits; after Beryl; just ask; and other highlights from our favorite tax bloggers.
Rehmann merges in Walker, Fluke & Sheldon
The Top 50 Firm is expanding in Western Michigan.