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favicon cnbc.com —  1+ hour, 37+ min ago

Gas outages hitting Southeast are getting worse amid panic buying

https://www.cnbc.com/2021/05/12/gas-outages-hitting-southeast-are-getting-worse-amid-panic-buying.html

The pipeline is a vital link between the Gulf Coast refiners and the Eastern Seaboard, spanning more ... biggest fuel pipeline in the country, run by Colonial Pipeline, in Tampa, Florida, U.S., May 12, 2021 ... Officials have tried to stem the panic buying, noting that the Colonial Pipeline has said it plans to ... In South Carolina and Georgia 43% of stations are dry. ... Get stock picks, analyst calls, exclusive interviews and access to CNBC TV. ... ...

favicon cnbc.com —  2+ hour, 44+ min ago

At least 11 states ending unemployment benefits early. Gig workers may be able to keep them

https://www.cnbc.com/2021/05/12/at-least-11-states-ending-federal-unemployment-benefits-early.html

They include Alabama, Arkansas, Idaho, Iowa, Mississippi, Missouri, North Dakota, South Carolina, Tennessee ... National Employment Law Project. ... Brad Little (right) and former vice president Mike Pence at the White House on July 16, 2020. ... , which established the program, according to a National Employment Law Project letter sent Tuesday to ... Labor Secretary Marty Walsh. ... ...

favicon accountingtoday.com —  3+ hour, 40+ min ago

Manchin, other Democrats back Biden plan to end carried interest

https://www.accountingtoday.com/articles/manchin-other-democrats-back-biden-plan-to-end-carried-interest

Senators Tammy Baldwin of Wisconsin and Sherrod Brown of Ohio joined with West Virginia's Manchin to ... focused American Families Plan released last month. ... such as Senate Majority Leader Chuck Schumer. ... to pad their pockets rather than invest in workers and Main Street," Brown, chair of the Senate Banking ... By Laura Davison May 12, 2021, 12:38 p.m. ... ...

favicon accountingtoday.com —  3+ hour, 55+ min ago

Biden beats first GOP bids to block stimulus ban on tax cuts

https://www.accountingtoday.com/articles/biden-beats-first-gop-bids-to-block-stimulus-ban-on-tax-cuts

District Court, Southern District of Ohio (Cincinnati). ... In the Ohio case, Yost argued that the tax mandate added by Senate Majority Leader Chuck Schumer was ... EDT 2 Min Read The Biden administration can enforce a congressional ban on tax cuts by states that ... Other states that have sued include Alabama, Tennessee and Kentucky, whose legislature is controlled ... Ohio Attorney General Dave Yost's press secretary, Steve Irwin, didn't immediately have a comment when ... ...

favicon accountingtoday.com —  4+ hour, 32+ min ago

The unknown science behind tax credits and incentives

https://www.accountingtoday.com/opinion/the-unknown-science-behind-tax-credits-and-incentives

By Ben Worrell May 12, 2021, 11:46 a.m. ... Archimedes' science and credits and incentives practices both employ an essential tool to achieve optimal ... However, if CPA firms pursue credits and incentives for their clients, they are reaping significant tax ... The ultimate mystery behind credits and incentives lies with the discretionary nature of these tax tools ... To maximize credits and incentives then, one must secure credits and incentives before a growth project ... ...

favicon accountingtoday.com —  5+ hour, 25+ min ago

IRS needs more than audits to find tax cheats, former chief says

https://www.accountingtoday.com/articles/irs-needs-more-than-audits-to-find-tax-cheats-former-chief-says

Charles Rossotti, former commissioner of the Internal Revenue Service, speaks during a Senate Finance ... Senator Chris Van Hollen, a Maryland Democrat, and Representative Cindy Axne, an Iowa Democrat, released ... IRS Commissioner Chuck Rettig, who was appointed by former President Donald Trump, told the Senate Finance ... Senator Mike Crapo of Idaho, the top Republican on the Finance Committee, asked Rettig on Tuesday for ... John Thune of South Dakota, the No. 2 Senate Republican, said he wanted to ensure that the IRS could ... ...

favicon accountingtoday.com —  6+ hour, 6+ min ago

Amazon wins fight to throw out $303M EU tax bill

https://www.accountingtoday.com/articles/amazon-wins-fight-to-throw-out-303m-eu-tax-bill

tax dodging," said Chiara Putaturo, a tax expert with Oxfam EU. ... EDT 4 Min Read Amazon.com Inc. won its bid to topple a 250 million-euro ($303 million) tax bill in ... authority in violation of state-aid rules, the EU General Court ruled on Wednesday. ... By Stephanie Bodoni May 12, 2021, 10:12 a.m. ... another blow to European Union competition chief Margrethe Vestager's crackdown on preferential fiscal ... ...

favicon cnbc.com —  7+ hour, 13+ min ago

MoneyGram to let cryptocurrency traders cash in their investments

https://www.cnbc.com/2021/05/12/moneygram-to-let-cryptocurrency-traders-cash-in-their-investments.html

The logo of MoneyGram seen at a sore in San Ramon, California, on March 26, 2019. ... Securities and Exchange Commission charged Ripple with conducting a $1.3 billion illegal securities offering ... MoneyGram and Western Union are two of the most popular wiring services in the U.S. ... model by building a bridge with Coinme to connect bitcoin to local fiat currency," Alex Holmes, MoneyGram's ... Meanwhile, Tesla, Square and MicroStrategy are among the firms that have adopted the unusual strategy ... ...

favicon accountingtoday.com —  7+ hour, 18+ min ago

Marketing your firm: The digital strategy imperative

https://www.accountingtoday.com/opinion/marketing-your-firm-the-digital-strategy-imperative

This shift has created a digital strategy imperative. ... By David M. Toth May 12, 2021, 9:00 a.m. ... What does that mean for your digital strategy? ... portion of the client experience, the prospect-to-client journey you create (read: your digital strategy ... Opportunities generated through a broad, sophisticated digital strategy will create an output of higher ... ...

favicon thetaxadviser.com —  8+ hour, 13+ min ago

6 key areas of paid tax preparer regulation highlighted in AICPA letter to Congress

https://www.thetaxadviser.com/news/2021/may/aicpa-applauds-biden-proposal-to-regulate-paid-tax-preparers.html

Tax Executive Committee Chair Christopher Hesse, the AICPA said that it "applauds the proposal" to take ... In a _May 11 letter_ to congressional tax leaders, signed by AICPA President and CEO Barry Melancon and ... Ron Wyden, D-Ore., introduced in 2019, known as the Taxpayer Protection and Preparer Proficiency Act, ... IRS the authority to regulate paid tax preparers who are currently unregulated. ... , would accomplish those goals. _-- Dave Strausfeld, J.D., ([email protected]_) is ... ...



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