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Accounting Methods Insights

WEBINAR: Tax Reform 2.0 The Sequel – The Made in American Tax Plan

This one-hour course covered key aspects of the Made in America Tax Plan described in the Whitehouse Whitepaper and most recently, in the Presidents proposed budget for fiscal year 2022. We reviewed the proposals and accounting impact of the Senate Finance Committee proposal, along with discussions on tax items by the OECD. We reviewed the financial reporting impact of these tax plans, if enacted, under ASC 740 Accounting for Income […]

July 28, 2021

Narrowing the “Tax Gap”: Treasury & the IRS Target “High-Income Taxpayers” and Cryptocurrency Transactions

The Biden Administration has identified the “tax gap” as a priority issue for 2021 with the Treasury Department suggesting that the tax gap could total $7 trillion over the next ten years and noting that the beneficiaries of that tax gap are wealthy taxpayers and the corporations they own.  During the Senate Finance Committee hearing on the Biden budget proposals, Chair Wyden (D-OR) expressed concern about the recent leak of […]

June 30, 2021

TPC is a Great Place to Work® Best Workplaces in Chicago™

We are honored to appear on the Great Place to Work® Best Workplaces in Chicago™ 2021 List!  “Our people make working at True Partners Consulting a truly special experience every day,” said CEO Tim Costello. We celebrate and thank them for all they do to earn this incredible honor.”  The Best Workplaces in Chicago list is highly competitive. Great Place to Work, the global authority on workplace culture, selected the […]

May 20, 2021