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Ohio becomes first state to accept bitcoin for tax payments
Starting Monday, businesses in Ohio will be able to pay their taxes in bitcoin — making the state that’s high in the middle and round on both ends the first in the nation to accept cryptocurrency officially.
Palmer Latko Ledas Page Holds Annual Turkey Drive
Palmer Latko Ledas Page (PLLP) in Avon recently held its annual turkey drive. Senior Partners Rick Farina and Gary Palmer, along with the employees of PLLP, were proud to make a donation of 18 turkeys and a check for $200.00 to Foodshare in...
blumshapiro volunteers lead Thanksgiving food campaign for Christian Community Action
The community wide, hands-on program collects non-perishable food items and financial contributions, and provides volunteers to help bag all donated items for distribution to families and seniors right before Thanksgiving Day.
FASB Issues Narrow-Scope Improvements to Credit Losses Standard
The Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) that amends the transition requirements and scope of the credit losses standard issued in 2016. “Since issuing the credit losses standard, the...
New tax law allows small businesses to expense more, expands bonus depreciation
The Internal Revenue Service today reminded small business taxpayers that changes to the tax law mean they can immediately expense more of the cost of certain business property. Many are now able to write off most depreciable assets in the year...
2019-2022 Fiscal Accountability Report Released
The Office of Fiscal Accountability report was released on November 15; the report covers fiscal years 2019 to 2022. Read the full report.
FVS Eye on Fraud
This enewsletter, issued by AICPA FLS Fraud Task Force, has some great advice and information.
Keep your inbox from running your workday
Before you hit reply, read this: A recent survey found that knowledge workers spend an average of 17 hours each week sending and answering business emails. And all that email is taking a toll.
Lamont promises national executive search for administration
Back from an orientation seminar for new governors, Gov.-elect Ned Lamont outlined an approach Monday to finding “the best and brightest” for his new administration, hinting that some top appointees would be executives from outside politics who...
Report: CT’s debt costs likely will grow faster than its revenues
Despite a 12-month surge in state tax receipts, Gov. Dannel P. Malloy’s budget office warned Thursday that Connecticut’s pension obligations and other debt will grow faster than revenues in the coming years. The administration’s Fiscal...

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