Many taxpayers want to pay less themselves — but want others to pay more. IRS adjusts tax item amounts for 2021 due to inflation | By Michael Cohn 3 min read | The Internal Revenue Service issued its annual inflation adjustments Monday for tax year 2021, revising more than 60 tax provisions, including tax rate schedules, standard deduction amounts and more. | | IRS union sues Trump over civil service executive order | By Michael Cohn 3 min read | The National Treasury Employees Union has filed a lawsuit to block an executive order signed by President Trump last week that threatens to remove civil service protections from much of the federal workforce. | |
BDO merges in Hertzbach | By Michael Cohn 2 min read | The deal expands BDO’s presence in the Baltimore, Northern Virginia and Washington, D.C., area. | | WEB SEMINAR | Tax Planning for 2021 – Heading Into the Unknown | Join us for a 60 minute presentation led by Mark Luscombe, J.D., LL.M., CPA and Principal Analyst for Wolters Kluwer Tax & Accounting and Chuck Moss, Solutions Architect for Wolters Kluwer Tax & Accounting as they delve into some of the tax planning scenarios for 2021. Luscombe is the senior tax expert on the editorial and analyst staff, and is a key member of the Tax Legislation team that tracks, reports and analyzes tax legislation before Congress. | |
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