Many taxpayers want to pay less themselves — but want others to pay more.
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Best of the Week
October 31, 2020
Upcoming Events October 31, 2020
Election 2020: What preparers and clients say about candidates’ tax plans
By Jeff Stimpson      4 min read
Many taxpayers want to pay less themselves — but want others to pay more.
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Election 2020: Trump vs. Biden on employment, health care and energy taxes
Top 10 Firm Crowe has put together an at-a-glance guide to the candidates' positions.
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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.
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At the expense of its partners’ neutrality, Expensify boosts Biden
By Blake Oliver     4 min read
Blake Oliver asks whether the company CEO should have hit 'Send' on a controversial email.
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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.
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SEC awards record $114M to whistleblower
By Danielle Lee     2 min read
The award is the highest in the history of the congressional program.
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The election will create headaches for tax pros, regardless of who wins
By Shaun Hunley     4 min read
As the country looks to make its choice between two decidedly different candidates, tax preparers are watching the race play itself out from a unique vantage point.
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Tax Strategy: More than the usual year-end tax planning
By Mark A. Luscombe     7 min read
As 2020 approaches its finale, there are a number of unusual wrinkles for tax pros to consider.
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4 key guidelines for young accountants
By Wes Bricker     4 min read
PwC's Wesley Bricker offers great advice for those entering the profession in the 'new normal.'
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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.
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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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