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Biden plan would give IRS authority to regulate tax preparers

By Michael Cohn       4 min read

The American Families Plan includes provisions that would expand Internal Revenue Service oversight of tax preparers. Read story →

Expect a ‘more aggressive’ compliance landscape for taxpayers

By Roger Russell       5 min read

After a pause during COVID, experts predict an increase in tax controversies. Read story →

House committee advances retirement savings bill

By Michael Cohn       3 min read

The Ways and Means Committee approved bipartisan legislation Wednesday to expand automatic enrollment, among other things. Read story →

IRS speeds creation of tax pro accounts due to COVID

By Michael Cohn       2 min read

The service plans to offer online Tax Pro Accounts in the third quarter of this year, on a timeline accelerated by the pandemic.  Read story →

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Michael Jackson estate wins smaller tax bill in court

By Michael Cohn       4 min read

The estate of the late singer prevailed on the valuation of his name and likeness and the taxes owed to the IRS in a long-awaited Tax Court ruling. Read story →

Practice Profile: Democratizing the CPA firm

By Danielle Lee       6 min read

Dark Horse CPAs is accelerating the path to ownership for its staff. Read story →

IRS to fix its confusing tax ‘error’ on new 10-year rule for inherited retirement plans

By Lynnley Browning       4 min read

Heirs of IRAs and 401(k)s won't need to take annual distributions before cashing out within a decade of receiving the plans, the agency says. Read story →

FloQast releases accounting coloring book ahead of Tax Day

By Michael Cohn       2 min read

The company's creative ways for accountants and tax pros to relax before the hectic deadline also include guided meditations. Read story →

AICPA intros data analytics certification

By Michael Cohn       2 min read

The program aims to train CPAs and financial professionals in how to apply the technology. Read story →

Is a sea change in capital gains tax in the offing?

By Roger Russell       4 min read

Biden administration proposals could radically reshape how wealthy Americans are taxed. Read story →

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