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Cottage Digital Media and ERTC specialist accountants have launched a partnership to help restaurant and bar owners across Philadelphia and surrounding areas claim the maximum credit. New amendments to the Employee Retention Tax Credit (ERTC) program have allowed previously excluded employers to claim rebates. Gallatin,United States – September 23, 2022 /PressCable/ — The new partnership […]

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PwC’s global leader is doubling down on the firm’s commitment to its multi-service business model, but will be watching closely to see how competitor Ernst & Young’s restructuring could alter demand for its offerings and staff. “We’re staying together,” Bob Moritz, PwC’s global chairman, told Bloomberg Tax in discussing the firm’s double-digit revenue growth from […]

For many crypto investors, keeping track of capital gains and losses is an uphill task, as they engage in several profitable transactions monthly. Crypto trading skyrocketed in 2021, with several newcomers obtaining and trading cryptocurrency. Like real estate and stocks, the IRS categorizes cryptocurrency holdings as property. However, your crypto is not taxable at all […]

A legal dispute pitting Tennessee taxpayers against the IRS over how cryptocurrency tokens are taxed has been dismissed by a Tennessee district court, because the refund sought by the taxpayers had already been issued and the dispute rendered moot. Joshua and Jessica Jarrett initiated the closely watched lawsuit over Tezos tokens created by Joshua through […]

03 October 2022 While most contractors in the UK received at least some help on elements of tax, there were differences between Personal Service Company (PSC) and umbrella contractors, according to research from IFF Research. The HMRC commissioned IFF Research to conduct research into contractors and disguised remuneration tax avoidance schemes. The majority, or 92%, […]