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Intuit has openings on the Intuit QuickBooks Accountant Council for positions starting in June. The software…
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Explore how accounting firms are embracing remote solutions, leveraging cloud technology, and enhancing client trust in the evolving digital landscape.
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Explore recent developments in the R&D Tax Credit and how they impact businesses investing in innovation and technology.
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Explore the latest shifts in U.S. tax legislation and their implications for tax compliance. Discover…
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Explore how the shift toward digital commerce impacts sales tax compliance and the strategies businesses use to navigate these evolving regulations.
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Patrick O’Leary, Associate Publisher, PMG360 recently sat down with Jerome Kaiser, CPA and CFO of…
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If South Dakota, Colorado, and Connecticut are any indication, states are starting to publicize common…
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Explore how leadership dynamics in accounting firms are changing due to technology and diversity trends, with insights into modern strategies and tools shaping the industry's future.
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How AI Is Reshaping Payroll: What Every Business Needs to Know The 2025 Payroll Special Report explores how artificial intelligence is revolutionizing payroll—transforming it from a back-office function into a strategic powerhouse. Discover how AI is enabling greater efficiency, accuracy, and compliance while unlocking real-time insights and cost-saving automation. With insights from industry leaders at ADP, Paychex, KPMG, and more,…
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Small businesses should be able to efile the form required for electing S corporation status, according to the American Institute of CPAs. The AICPA issued a comment letter to the Internal Revenue Service that said efiling Form 2553 would provide immediate, verifiable assurance of S election status and that currently the IRS's inability to verify that tne form has been filed results in delayed processing of S corp tax returns.
The AICPA said efiling would remove doubt about when a form was filed and acknowledged by the government. The organization also recommended the form be modified to identify each type of shareholder and how the stock is held. It also wants to ensure that the name, address and taxpayer identification number of each shareholder is not disclosed to every other shareholder who has to sign the form.
In celebration of National Small Business Week, ADP recently gathered…
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