FEI Daily: Have any states temporarily suspended or modified rules governing the treatment of remote workers’ earnings due to the COVID-19 pandemic?
Emilie Burnette : Yes, while our survey doesn’t cover individual income taxes, several states, such as Georgia, have issued guidance indicating that they will not tax income earned by employees temporarily teleworking in a state. I would expect more guidance from the states to be forthcoming as they grapple with all the tax ramifications of the coronavirus
In case you are keeping track:
Adams Brown named a Top 200 accounting firm in the U.S.
GREAT BEND — The certified public accounting firm of Adams, Brown, Beran & Ball was recently recognized as one of the top 200 accounting firms in the U.S. by INSIDE Public Accounting.
Ranking in the top 200 consecutively for six years, the firm rose two spots from 165 in 2019 to 163 this year. In 2020, firms ranked between 101 and 200 range in size from $20 million to $39.4 million in revenue.
Companies rank among top construction accounting firms - Grand Rapids Business Journal
Three firms with a West Michigan presence were named among the 50 best U.S. accounting practices that serve the construction industry.
Chicago-based Crowe LLP , Southfield-based Plante Moran and Troy-based Rehmann were ranked at No. 2, No. 8 and No. 32 on the second annual Top 50 Construction Accounting Firms published in the July/August issue of Construction Executive (CE), the Washington, D.C.-based magazine of the Associated Builders and Contractors.
COVID-19 pandemic reinforces benefits of outsourced accounting | Accounting Today
It's no secret that the rapid outbreak of COVID-19 throughout the world has had a drastic impact on the economy and overall business environment within the U.S.
For many businesses, small and large, the measures taken to help stem the spread of the pandemic have led to shifting workplaces, declining revenues and, in some cases, workforce reductions, among other effects of varying scale. While some of these impacts are temporary, others will have long-term implications.
And here's another article:
Frazier & Deeter Recognized as a Best Accounting Firm for Equity in Leadership
Frazier & Deeter, a nationally ranked public accounting and advisory firm, was named one of the 2020 Accounting MOVE Project Best CPA Firms for Equity Leadership. Frazier & Deeter received this honor for the 6th time since 2014. Frazier & Deeter is the only accounting firm based in the Southeast to receive this recognition six times.
Quindsland further explained, "As a firm, we have made it a priority to build and sustain an environment where everyone feels welcome and supported."
Grant Thornton faces appeal on fraud and negligence lawsuit | Accounting Today
Grant Thornton LLP is awaiting a ruling from an appeals court that's expected to decide in the next few weeks on a case involving a manufacturing company owner who sued the firm for fraud, negligence and other claims after the firm failed to advise him of a tax strategy that potentially could have saved him over a million dollars and then allegedly tried to cover up the error.
The case, which was dismissed on technical grounds by a circuit court last October, involves Arrowhead Systems Inc., a small Wisconsin company that makes items such as pallet and conveyor belt systems, owned by sole shareholder Thomas Young. Grant Thornton had been preparing tax returns and auditing financial statements for Arrowhead for a number of years, and Young asked the firm to provide tax planning and tax strategies.
Bainbridge student wins national title in accounting | Bainbridge Island Review
Accounting Rulemakers Ask Whether New Standards Are Working
The Financial Accounting Standards Board on Tuesday said it has created an online portal for public feedback on some of the most significant new accounting standards in years.
Happening on Twitter
Rishi Sunak says they're doing 'everything they can' to help the vulnerable in this pandemic. He's lying. Googl… https://t.co/Z10cJZbQS1 scotwilliams (from London) Wed Aug 12 10:13:19 +0000 2020
Judges, Wall, vets choice, tax cuts, dereg, rebuilt military, beat ISIS, tough on China, & on "I delivered on eve… https://t.co/SgkpTCbW0t LizRNC (from 🇺🇸🇺🇸🇺🇸) Tue Aug 11 16:54:26 +0000 2020
@SykesCharlie And corruption and extorting various companies. And racism counts too. Incessant lying too. Putting k… https://t.co/MexdR2qg8Z JRubinBlogger (from Washington DC) Tue Aug 11 15:27:26 +0000 2020
I honestly can't believe @realdonaldtrump — the world's most obvious conman — has worked his magic THIS well. Come… https://t.co/cIxy4msUwU jeffpearlman (from California) Mon Aug 10 18:52:27 +0000 2020
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