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Archives for 2021
Tax filing postponement doesn’t go far enough, AICPA says
The AICPA welcomed the IRS’s postponement of the April 15 income tax filing and payment deadline to May 17 but said the measure falls far short of needed taxpayer relief. After IRS Commissioner Charles Rettig, in a congressional hearing Thursday, sought to justify the Service’s limited postponement, AICPA President and CEO Barry Melancon pushed back, […]
Tax filing postponement doesn’t go far enough, AICPA says
The AICPA welcomed the IRS’s postponement of the April 15 income tax filing and payment deadline to May 17 but said the measure falls far short of needed taxpayer relief. After IRS Commissioner Charles Rettig, in a congressional hearing Thursday, sought to justify the Service’s limited postponement, AICPA President and CEO Barry Melancon pushed back, […]
IRS Announces Tax Filing Extension—and Many States Follow Suit
Have you heard the IRS’s latest announcement regarding the tax filing extension? Like last year, the IRS has extended the federal tax deadline to give taxpayers additional time to file and pay income taxes. But that’s not all—many states and localities are also updating their state and local income tax deadlines to match the IRS […]
Accounting heads confirm hybrid working adoption
Professional services firms aim to implement a hybrid office space as restrictions ease this spring but adopting this new working space will require a combination of client and employee needs, according to market participants. “There’s a real desire for hybrid,” says John Taylor, chief operating officer at RSM. “I don’t think most people want to […]
Loss of a Job: How to Survive the Emotional and Financial Devastation
The loss of a job is one of the most devastating things a person can go through. The results of a job loss can be long lasting and the implications go far beyond the financial. While losing your job will most likely put your financial life at risk, the emotional consequences can be just as […]
Real insights on how these franchisees made the COVID-19 year work for them
Starting and running your own business can be tough, even at the best of times. We’re proud, though, to introduce you to two franchisees’ who saw through 2020 with a refreshingly positive experience. Sumi Sivalingam of First Class Accounts in Doncaster, Victoria, and David Jennings of First Class Accounts in Albion, Brisbane, are both in […]
Amazon Pay Later – Amazon EMI Facility – How it works?
Amazon Pay Later is a facility for buying a product and paying money later. Amazon Pay later facility can also be converted to Amazon EMI Facility. You need to register for this facility before making use of it. This facility is offered by Capital Float or IDFC First bank. So, if you don’t have enough […]
What You Need To Know Now About Student Loan Debt
Tucked inside The American Rescue Plan signed into law earlier this month is a provision that makes forgiven student loan debt tax-free for the next five years. There is also a freeze on federal loan payments currently in effect. Now is the right time to review your finances and calculate where you might realize new […]
Brazil Covid variant detected in New York resident for the first time, Cuomo says
Nurses talk in front of the 28 de Agosto Hospital in Manaus, Amazon State, Brazil, on January 14, 2021, amid the novel coronavirus, COVID-19, pandemic. MICHAEL DANTAS | AFP | Getty Images Gov. Andrew Cuomo said on Saturday that a more contagious Covid-19 variant, originally identified in Brazilian travelers, has now reached New York. The strain was […]