Priya PatelLet’s see what’s in the news today.
IRS collects $1B from millionaires
An important element of the initiative is to counter a widespread impression that people can get away without paying their taxes, according to Commissioner Werfel.
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Top Remote Accountants of the Week
Here’s a sneak peek of Accountingfly’s top candidates available this week. you can gain full access to all top candidates with Always-On Recruiting. No up-front cost and no risk for you – just the best candidates sent to you weekly.
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SEC Allows Some Exceptions to Crypto Accounting Compliance (1)
The SEC has opened a path for banks and brokerages to avoid reporting their customers’ crypto holdings on their balance sheets. But companies must offset risks those assets pose in order to bypass controversial crypto accounting guidance that has become a target of Congress.
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Anti-PE Firms Talk About How to Compete When Everyone Else is Selling Out
Said one managing partner, “I have not enjoyed the vulture-esque approach of many of the PE firms – total turnoff.”
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JPMorgan profit jumps on higher investment banking fees, accounting gain
(Reuters) – JPMorgan Chase’s profit rose in the second quarter, buoyed by rising investment banking fees and an $8 billion accounting gain from a share exchange deal with Visa.
The largest U.S. bank’s profit…
The largest U.S. bank’s profit…
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