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Feud between GOP, pro-business groups explodes into view after spat over infrastructure bill

Feud between GOP, pro-business groups explodes into view after spat over infrastructure bill

After being closely aligned for decades, it appears that Republicans and top business lobbying groups are having a very public falling-out over conservative lawmakers' lack of support for a bipartisan infrastructure deal currently languishing ...

The Day the Lights Went Out on Facebook

The Day the Lights Went Out on Facebook

For many folks, the blip—as short as it was—was a reminder about how dependent we can be on social media for our communication. That’s true in the tax and accounting world—especially during the pandemic—as ...

Why some payments through cash apps will need to be reported to the IRS

Why some payments through cash apps will need to be reported to the IRS

The American Rescue Plan includes a new law that requires cash apps like Venmo and Cash App to report payments of $600 or more to the IRS. Kemberley Washington explains what you need to ...

Yellen confident U.S. Congress will pass minimum global corporate tax

Yellen confident U.S. Congress will pass minimum global corporate tax

WASHINGTON, Oct 10 (Reuters) - Treasury Secretary Janet Yellen said on Sunday she was confident the U.S. Congress would approve legislation to implement the global corporate minimum tax agreed by 136 countries.

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A 'Big Four' firm will allow 40,000 employees to work from home

A ‘Big Four’ firm will allow 40,000 employees to work from home

PricewaterhouseCoopers, the accounting and consulting giant, will allow all its 40,000 US-based service employees to work virtually from anywhere in the United States, the company confirmed to CNN Friday. The company said this is ...