The hiring of accounting graduates by CPA firms has declined 30 percent in recent years, and Illinois CPA Society president and CEO Todd Shapiro hopes to reverse that trend. CPA firms' hiring of accounting grads down 30% | By Michael Cohn 7 min read | The hiring of accounting graduates by CPA firms has declined 30 percent in recent years, and Illinois CPA Society president and CEO Todd Shapiro hopes to reverse that trend. | |
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| | Trump’s payroll tax deferral on hold without IRS guidance | By Laura Davison and Allyson Versprille 3 min read | The U.S. Treasury Department still has yet to tell companies how to handle President Donald Trump’s order delaying the due date for employee payroll taxes, leaving major employers like Walmart Inc. in the lurch. | | Billionaire Robert Smith fighting U.S. criminal tax inquiry | By David Voreacos and Neil Weinberg 10 min read | The matter hinges largely on whether Smith was actually the beneficial owner of Caribbean entities that received proceeds from his company’s first private equity fund, according to people familiar with the case. | |
Trump fight over delay of subpoena for taxes set for Sept. 1 | By Erik Larson 2 min read | A federal appeals court set a hearing for Sept. 1 to consider President Donald Trump’s emergency request to put on hold a judge’s ruling that cleared the way for the Manhattan District Attorney to enforce a subpoena for his tax returns and other financial records. | | |