Category Archives: News

News and current events

House votes to raise minimum wage to $15

The legislation would gradually raise the minimum wage by 2025 from its current level of $7.25 but is unlikely to advance in the Senate. Source: Payroll News

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Internal auditors must keep pace with demands for transparency

Internal auditors can’t have a positive reputation in such a carefully scrutinized field unless they provide the information needed to make well-informed decisions. Source: Payroll News

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Tax Fraud Blotter: The taxman goeth

Grass and guns; you owe bigtime; crazy schemes; and other highlights of recent tax cases. Source: Payroll News

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7 ways to take advantage of a summer slowdown at your firm

Summer is a blissful time of year, but it can also be a tough season to be an accountant. Source: Payroll News

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Global economic confidence fell in Q2 for accountants

The level of confidence in global economic conditions dropped in the second quarter, especially in the U.S., according to a new survey by the ACCA and IMA. Source: Payroll News

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Host Analytics names new CEO after acquisition

Grant Halloran takes over from Dave Kellogg, who stepped down earlier this year when Host Analytics was acquired by Vector Capital. Source: Payroll News

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More questions about how Jeffrey Epstein got island-owning rich

In the short term, the judge and the government need a full accounting of Epstein’s wealth as part of the bail determination. Source: Payroll News

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U.S., France sidestep tax feud for now after G-7 confrontation

The U.S. and France agreed to push ahead with creating a global digital tax system at a Group of Seven meeting, papering over a feud on the matter that still has Washington dangling threats of tariffs. Source: Payroll News

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Sex toys allowed, not massages, in fine print of Trump tax break

Liquor stores can’t claim a hot new U.S. tax break designed to create jobs in poor communities. One of the biggest property developers for marijuana ventures says it can. Source: Payroll News

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House vote to repeal Obamacare tax shows health care tension

The House voted overwhelmingly to repeal a tax Wednesday intended to fund the Affordable Care Act, preserving tax breaks for employer-sponsored insurance plans favored by large corporations. Source: Payroll News

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