Tax and Audit Guru, Proud Dad & GF; CPA; Lawyer, Frequent Speaker; Prolific Writer; Gym Rat.
New York, USA
Joined July 2009
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The 3.6 percent COLA is the headline today. The 2027 wage base is the number that changes payroll. SSA set the 2027 SS wage base at $192,300, up $7,800 from $184,500. The 6.2 percent OASI tax now applies to the first $192,300 of wages. That puts the maximum at $11,922.60
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Read my latest on the increasing importance of sales and use taxes (SUT) for small businesses as states and localities increasingly rely on SUTs for funding.
Sales and use tax once sat at the back of the small business tax conversation. It now has taken a seat in the front row. Mark Friedlich @mfriedlich explains why. bit.ly/3PqVIVf #tax #SmallBusiness
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Check out my latest article: The IRS Just Rewrote the First 30 Minutes of Every Tax Debt Call linkedin.com/pulse/irs-just-… via @LinkedIn
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After four years of delays and reversals, the 1099-K threshold is back where it started.
Read my article in today's @AccountingToday
accountingtoday.com/opinion/…
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Can the IRS Pull Off The 2026 Tax Season?
Former IRS Commissioners Rettig and Werfel weigh in.
Read my article @AccountingToday for the details.
accountingtoday.com/opinion/…
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Tax pros face unique challenges in the coming year. Read my latest article in @AccountingToday for insight and guidance.
accountingtoday.com/opinion/…
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I break it all down here. Practical and legal implications and what is next following the Court's decision.
The Supreme Court heard oral arguments this month in a case that will determine whether presidents may use emergency powers to levy broad tariffs. The issues concern the constitutional division of taxing power, the potential role of Congress in determining trade rules, and the immediate costs to businesses and households, writes Mark Friedlich @mfriedlich. bit.ly/44hwDjF #tariffs #SCOTUS
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The 9/30 deadline for the move from paper to digital of federal payments Is fast approaching. Read my article for how this shift will affect tax preparers, taxpayers, and especially unbanked and underbanked populations. I break down the latest status here: sprou.tt/1Mm5Ubqhhvm
BREAKING NEWS…IRS will announce the opening date for the 2025 tax filing season for individual returns will be January 27th.
Opinions are my own.
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Deadline looms for millions of businesses subject to CTA filing | Wolters Kluwer wolterskluwer.com/en/news/po… via @Wolters_Kluwer
SEC's evolving stance on climate disclosures has implications for auditors. Please read my latest in Accounting Today describing what this means for auditors and the public companies they audit.accountingtoday.com/opinion/…
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Is a billionaire minimum tax in the cards if VP Harris’ is elected? See CNN’s Katie Bolosco’s article hear…including my comments.
news.lee.net/partners/cnn/ig… via @LeeEntNews
Elections have consequences...for those considering retirement, read @Yaël Bizouati-Kennedy's insightful article,
including my comments.
finance.yahoo.com/news/4-rea…
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Read my latest article where I analyze today's important guidance from FinCEN.
New BOI reporting guidance issued for short-lived entities and foreign companies @accountingtoday @wktaa accountingtoday.com/opinion/…
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Read my article in today's @AccountingToday for ✅ Cutting-edge audit best practices in assessing credit losses, including ✅ AI-powered tools revolutionizing accuracy and efficiency ✅ Strategies to navigate complex credit loss estimates
Assessing credit losses is a critical focus in financial statement #audits. With evolving standards and economic shifts, auditors face growing challenges. Discover insights, best practices, and emerging trends in credit loss auditing from @mfriedlich in this @AccountingToday article: bit.ly/3TalbRh
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Pleased to be named a member of the Harvard Business Review Advisory Council @HarvardBiz #hbr
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