Accounting Today
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Top Accounting Today News
WagesThe Internal Revenue Service and the Treasury issued a notice on labor requirements for enhanced tax benefits under the Inflation Reduction Act.See the Story
IRS offers guidance on wage and apprenticeship rules for green tax credits
100% Center coverage: 1 sources
TaxesThe National Association of Enrolled Agents is urging the Internal Revenue Service to use its increased funding to fix the Practitioner Priority Service.See the Story
Tax pros blast IRS's 'nearly nonexistent' priority phone service
100% Center coverage: 1 sources
The role of contingent labor in accounting firms set to expand in 2023
100% Center coverage: 1 sources
Latest News Stories
Business · WashingtonThe Internal Revenue Service failed to send $3.7 billion in monthly child tax credit payments to 4.1 million eligible taxpayers last year, according to an audit released Tuesday by the Treasury Inspector General for Tax Administration.See the Story
IRS sent over $1 billion in child tax credit payments to ineligible households: audit
72% Center coverage: 39 sources
US & Canada · ArlingtonCory Youmans, from Dallas, works in the financial world and there's no telling yet what the ball could be worth. Youmans was among the crowd of 38,832, the largest to watch a baseball game at the 3-year-old ballpark. Jimmy Bennicaso of Norwalk, Connecticut, caught a morning flight to Texas.See the Story
Home run hands! Dallas fan catches Judge's 62nd homer on fly
65% Center coverage: 110 sources
Corruption · Los AngelesTodd and Julie Chrisley were each sentenced to time in prison. The Chrisley Knows Best stars’ sentencing comes five months after a jury found the couple guilty of tax fraud.
See the Story
Todd Chrisley Sentenced to 12 Years in Prison for Fraud, Wife Julie Chrisley Sentenced to 7 Years
53% Center coverage: 111 sources
Business · New YorkMastercard is launching a program to let financial institutions offer cryptocurrency trading to their customers. The payment giant will serve as a bridge between banks and Paxos, a crypto trading platform. The news comes a week after rival Visa announced a "long-term global partnership" with the FTX exchange.See the Story
Mastercard Joins With Paxos to Help Banks Offer Crypto Trading
60% Center coverage: 10 sources
TaxesCongress returns to Washington Monday in an unsettled political environment that will serve as the backdrop for a robust year-end push. Republicans appear on course to gain a narrow House majority next year, putting Democrats under enormous pressure to finish fiscal 2023 spending bills. President Joe Biden wants to see the same-sex marriage bill, legislation bolstering federal electoral procedures, the annual defense policy bill and an energy permitting bill passed.See the Story
Congress Begins Its Year-End Push Gripped by Midterms Hangover
100% Center coverage: 1 sources
Nottingham, England · NottinghamAlexander Calder Financial, based in Worksop, offers a full range of services to its long-standing client base. Brearley & Co have been established for over three decades with offices in Swinton, Mexborough, Dinnington and Barnsley. Delivering individualised financial services and accountancy solutions will benefit everyone that needs them.See the Story
Worksop financial advisors are expanding thanks to new partnership with accountanting firm
100% Center coverage: 1 sources
TaxesA new tax created by Democrats to slow a record pace of stock buybacks has been largely shrugged off by corporations. The tax on publicly listed corporations was created in President Joe Biden's signature tax and climate plan. The desire to use free cash to buy back shares appears to be stronger than any deterrent.See the Story
Companies See Democrats’ New Tax on Stock Buybacks as Cost of Doing Business
Coverage: 2 sources
Wall StreetThe Securities and Exchange Commission said it has reached a settlement with 16 different Wall Street-based companies. The firms all exhibited patterns of routine off-channel communications through things like text messages on their personal devices. These communications, unlike say a work email, were not maintained or preserved, which is a violation of securities law.See the Story
SEC Charges 16 Wall Street Firms with Widespread Recordkeeping Failures
100% Center coverage: 1 sources
