Thomson Reuters Tax & Accounting News

SEC Fines Deloitte China for Audit Failures

The U.S. Securities and Exchange Commission on Sept. 29, 2022, charged Deloitte Touche Tohmatsu Certified Public Accountants LLP in China …

Ohio Sets Interest Rates for 2023

by Raquel M. Mazarin Each year, the Ohio Tax Commissioner must certify the interest rate that will apply to overdue …

Improperly Forgiven PPP Loans Are Taxable Income

The IRS Chief Counsel’s Office issued an Advice Memorandum confirming that improperly forgiven paycheck protection loans are taxable income. The IRS urges …

Federal Employment Tax Deadlines for October

We have listed the October payroll tax deposit deadlines for semi-weekly and monthly depositors below. Semi-weekly depositors. Semi-weekly depositors must …