The top five states in our ranking combined had more than 99 million tax returns filed, both business and individual, in 2021. The combined gross collections in these states was more than $1.5 trillion.
Scroll through to see which states were in the top 20 and how they fared.
Source: IRS SOI Tax Stats
The cuts include roughly 240 employees in RSM's consulting businesses, and come as demand for the profession's consulting services wanes.
Rev. Proc. 2019-48 lays out the new rates for taxpayers who don't want to substantiate their actual expenses.
The Treasury's Financial Crimes Enforcement Network has created an online toolkit to help small businesses comply with the new beneficial ownership reporting requirements.
The International Accounting Standards Board has begun a public consultation on proposed amendments to IFRS to account for investments in associates and joint ventures.
The unexpected demise of an audit firm proved to be a boon for many small auditors.
Plus, Workday announces new initiatives, investments and a wellness solution; and other accounting technology news.
