After competing for the lowest tax rates for years, 132 countries holding 90% of the world’s GDP have agreed to a framework for a global minimum tax on corporations. The plan, described in an OECD Statement, is a two-pillar package... Read More
The SBA and lenders originated over 11.7 million loans totaling nearly $800 billion in relief to over 8.5 million small businesses. Now they have made it easier to get forgiveness of PPP loans of $150,000 or less. The SBA has... Read More
Ransomware is the #1 cyber risk of 2021 with estimates that 50% of all businesses have been hit. In this episode of Culture of Compliance, Sabrina Serafin interviews Skeet Spillane of Pillar Technology Partners about the magnitude of the problem... Read More
The congressional tax-writing committees are considering bipartisan legislation that would provide an unprecedented boost in retirement savings. The far-reaching proposals are being billed as the “SECURE 2.0 package”, an extension to the 2019 SECURE Act, which increased the age for... Read More
Changing work environments and work cultures due to the pandemic impacted how everyone sees their careers. Amii Barnard-Bahn, Executive Coach and former Fortune Global 50 executive, returns to discuss the impact of the pandemic on promotability. Download Amii’s free Promotability... Read More
Data analytics is transitioning from a “consideration” to an “expectation.” As your team explores data analytics tools, it is important to know how each tool is set up and what it can be used for. Watch data analytics experts explain... Read More
President Biden’s proposal to increase the capital gains tax has generated tremendous discussion. Looking at this proposed change in the context of past changes shows that both Democratic and Republican presidents have signed legislation with retroactive tax provisions. A retroactive... Read More
The U.S. Department of Labor (DOL) has withdrawn a rule put in place by the Trump Administration that would have treated workers in the gig economy as independent contractors instead of employees under federal labor law. In early 2021, under... Read More
The UK government recently issued a white paper aimed at restoring trust in audit and corporate governance. Pete Hine, Frazier & Deeter’s Lead Audit Partner in the UK, provides a perspective on the publication. In particular on ‘UK SoX’ and... Read More
Taxpayers who did not take deductions in 2020 because of the IRS’s earlier position on forgiven PPP loans may be able to take the deductions in 2021, according to new IRS guidance. In the early days of the PPP program,... Read More
