A Biden proposal to change the tax deduction for contributions to a tax credit could have serious implications. The risks of tax season → | By Roger Russell 5 min read | Practitioners face malpractice issues right from the start of filing, and this year may be even worse than usual. | |
BDO buys digital marketing firm → | By Michael Cohn 2 min read | The Top 10 Firm is bolstering its tech services by acquiring DemandGen International Inc., a digital marketing strategy and technology services agency. | | Karbon raises $10M → | By Daniel Hood 1 min read | A strategic investment will help the practice management software developer support its growth worldwide. | |
Small-business wages grew in February → | By Michael Cohn 4 min read | Hourly earnings and weekly hours worked at small businesses improved last month, according to payroll giant Paychex, while hiring dipped slightly during the pandemic. | | In the blogs: Turning over a new relief → | By Jeff Stimpson 3 min read | To delay or not delay; three questions about a digital tax; nonprofits and theft; and other highlights from our favorite tax bloggers. | |
Donor asks IRS to open fraud investigation into WE charity → | By Danielle Bochove and Natalie Obiko Pearson 4 min read | A U.S. donor to Canada’s WE Charity said he has asked the Internal Revenue Service to open a fraud investigation into the organization after testifying that it took down a plaque on a Kenya school built to honor his dead son and replaced it with that of another donor. | | |