article thumbnail

The state of the 'Big Beautiful Bill' and more

Accounting Today

As youve probably heard, theres a lot going on on the tax front in Washington, D.C., Its got a host of tax provisions and some other provisions that could affect their profession in it as well. But were just going to really talk about the tax provisions right now that affect that. All rights reserved. as we record this.

article thumbnail

Passion, vision and hard work: Inside Jeff Weiner's success

Accounting Today

I had worked my butt off for a year and I got an $800 raise, which if you do the math after taxes, its like $50 a week. Well, that was born out of necessity brought on by the 2008 financial crisis up until 2008. When the recession of 2008 hit, I sat down with my partner group and said, listen, businesses grow in two ways.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Inside GASB's far-reaching agenda

Accounting Today

Medicaid funding would also count, and substantial cuts are expected under the tax bill now being considered in Congress "Medicaid funding in particular is a really big part of state budgets, so the potential for them to be substantial at a state level at least exists and warrants consideration," said Black. All rights reserved.

article thumbnail

Swiss bank Pictet to pay $123M to end US tax case

Accounting Today

Federal prosecutors charged Pictet with conspiring to help taxpayers use 1,637 accounts to conceal assets and income from the IRS between 2008 and 2014.

Tax
article thumbnail

How Vinod Shah & Co is embracing cloud accounting to reach their paperless goal

Xero

After many years of the business going from strength to strength, Punita became a partner in 2008. He says: “I graduated around the financial crisis in 2008, and due to the state of the industry at the time I found it hard to get a graduate scheme for an accountancy firm. The journey to Making Tax Digital. Small business tips.

article thumbnail

Intuit Reinforces its Commitment to Fighting for Taxpayers’ Rights

Intuit

The conclusions of this study ignore facts, common sense, and what we know from our decades of helping millions of Americans file their taxes – taxpayers don’t want the tax collector, assessor, auditor, and enforcer also to be their tax preparer.

Tax
article thumbnail

The Chick-fil-A of Payroll Providers

Earmark Accounting Podcast

He discusses how his firm, HD Davis CPAs, evolved from a tax business to a full-service advisory firm and how they acquired small practices to grow. 00:00) - Preview: We want to be the Chick-fil-A of payroll providers (01:10) - Welcome and Tim's introduction (06:29) - What was your job when the 2008 financial crisis hit?