Democrats are courting progressive-minded Americans by calling for a tax on Wall Street trades. If the party succeeds, the mom-and-pop investors they’re wooing could bear the brunt.
 
 
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Jul 15, 2016
 
 
 
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Democrats Assail Wall Street with Plan That May Hit Mom and Pop
by DECLAN HARTY AND ANNIE MASSA
 
Democrats are courting progressive-minded Americans by calling for a tax on Wall Street trades. If the party succeeds, the mom-and-pop investors they’re wooing could bear the brunt.
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Clinton Aims Party's 'Wall Street' Tax at Flash Boys, Not Banks
by LYNNLEY BROWNING
 
The Democratic Party’s proposed 2016 platform supports “a financial transaction tax on Wall Street”—but presumptive nominee Hillary Clinton is focused on a narrower approach that isn’t likely to target big banks.
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Muni Tax Exemption Risks Becoming Target as Ownership Narrows
by MARTIN Z. BRAUN
 
Municipal bonds are becoming concentrated in a fewer number of hands and that may not be good for bondholders and states and local governments.
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Recruiting and Retaining Talent
 
Employees see wealth management as a valuable addition to a tax or accounting practice if it’s offered the right way. Watch this video to learn what employees are looking for.
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House Conservatives Launch Bid to Impeach IRS Chief Koskinen
by BILLY HOUSE
 
House conservatives launched an effort Thursday to force a vote to impeach the IRS commissioner, but action on the motion could be delayed until September.
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BDO Sees Worries over 'Tech Unicorns'
by MICHAEL COHN
 
Investment bankers are concerned there may be big corrections on the way for “tech unicorns,” private companies valued at over $1 billion, according to a new survey by BDO USA.
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PCAOB Outlines Priorities for 2016 Audit Firm Inspections
by MICHAEL COHN
 
The Public Company Accounting Oversight Board released two documents Thursday describing what its staff is looking for this year when inspecting auditors of public companies and broker-dealers.
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Simple Solutions to Retention
 
Simple Solutions to Retention
 
Upward Spiral Partnership managing director Martin Bissett explains in this video how to retain quality staff members by providing them with a viable career path.
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Senator Seeks to Revive First-Time Homebuyer Tax Credit
by MICHAEL COHN
 
A tax credit that helped prop up the housing market in the wake of the 2008 mortgage crisis could be set for a comeback.
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Cadillac Tax: What You Need to Know Now
 
Cadillac Tax: What You Need to Know Now
by ROGER RUSSELL
 
The Cadillac tax is a 40 percent excise tax on “high cost” health plans set in place by the Affordable Care Act. However, despite the familiarity tax professionals have with its name, the details surrounding the Cadillac tax can be complicated and confusing.
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Xero Forms Partnership With TSheets
by RANICA ARROWSMITH
 
Xero and TSheets have partnered to form a direct integration between Xero’s cloud accounting and payroll software and TSheets’ time tracking and scheduling software.
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5 Questions to Ask Before Moving into Advisory Services
by AMY VETTER
 
Increasingly, firms are turning to advisory services as a way to differentiate and generate new revenue.
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Dixon Hughes Goodman donates nearly 600K lbs. of food during 5th annual 'Count the Cans' campaign
by SEAN MCCABE
 
Dixon Hughes Goodman (DHG) announced on Thursday that their fifth annual Count the Cans campaign saw 593,464 pounds of donated food and more than 1,150 service hours to hunger-relief organizations across 12 states over two weeks. This year's donations bring Dixon Hughes' five-year total to 3,795,814 of food donated
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Corporate Inversions Spur State Tax Haven Legislation
 
Corporate Inversions Spur State Tax Haven Legislation
by MICHAEL COHN
 
Diane Tinney, a senior product manager at Bloomberg BNA, discusses in this podcast how corporate tax inversions, in which companies move their tax addresses abroad, are forcing states to pass their own tax haven legislation.
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NYU School of Professional Studies announces 2016 Summer Institute in Taxation
by SEAN MCCABE
 
The NYU School of Professional Studies (NYUSPS) announced on Thursday that the University will host its 2016 Summer Institute in Taxation July 18-29, at The Westin New York in Times Square. The two-week Institute will feature national and international tax experts leading in-depth sessions ranging from state and local taxation, partnerships, consolidated returns, trusts and estates, wealth planning, and international taxation.
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NYU School of Professional Studies announces 2016 Summer Institute in Taxation
by SEAN MCCABE
 
The NYU School of Professional Studies (NYUSPS) announced on Thursday that the University will host its 2016 Summer Institute in Taxation July 18-29, at The Westin New York in Times Square. The two-week Institute will feature national and international tax experts leading in-depth sessions ranging from state and local taxation, partnerships, consolidated returns, trusts and estates, wealth planning, and international taxation.
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Slideshows
 
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10 Tips on Amending a Tax Return
 
The IRS shares some advice on fixing a return
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CPAs and Tax Pros Gone Wrong
 
Some of our favorite examples of professionals breaking bad
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Three Steps to Growing Your Bottom Line - Without Hiring More Staff
 
In the past, advances in technology have primarily helped accountants perform client engagements faster and easier.
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10 Questions You Must Ask Before You Sign
 
It doesn