States Eye Plans for Accelerated Sales Tax Collection
For decades retailers have held onto the sales taxes they collect from consumers for weeks before sending those funds to state revenue agencies. States are becoming increasingly impatient with this pr...
29 Jul 202122min
Deloitte Partner Defies Accounting’s Diversity Gap
Thalia Smith, a partner at Deloitte, is using her experience as a Black woman in the Big Four to help students looking to break into accounting. Smith, an audit and assurance partner, is leading Deloi...
22 Jul 202123min
Rep. DelBene on the New Monthly Child Tax Credit
Tens of millions of families across the U.S. this week received their first monthly advance on the child tax credit from the IRS. The new monthly payments, which launched Thursday, are the result of a...
15 Jul 202112min
Audit Regulator Could Be in Leadership Limbo for Months
The U.S. audit regulator is slated to get fresh leadership after a turbulent few years that culminated in the removal of its chairman last month. But it could take months for a new slate of leaders to...
8 Jul 202118min
European Tax Reporting Rule Has Multinationals on Edge
Large multinational corporations have for a few years now been required to report to the EU how much they pay in taxes to each European country they operate in. But now, after an agreement last month,...
1 Jul 20219min
Digital Advertising Profits Entice State Tax Collectors
Pandemic-related budget fears have prompted states to search for new sources of tax revenue. Lawmakers across the country are beginning to look toward social media as a mother lode of untapped corpora...
24 Jun 202125min
G7 Tax Agreement Was Big, But Now Comes the Hard Part
After years of grueling negotiations, the world's wealthiest countries reached an agreement on how—and how much—to tax multinational corporations. Now comes what could be a heavier lift: Getting buy-i...
17 Jun 202111min
Inside the Frenzied Launch of the PPP Loan Program
The first loan approved through the Small Business Administration's Paycheck Protection Program went out the door just one week after the program was created last spring. At the time, with the pandemi...
10 Jun 202120min
