| Several accounting firm leaders shared their thoughts about the riot in the U.S. Capitol Building in Washington, D.C. | IRS blesses tax breaks on forgiven PPP loans after law change → | | By Laura Davison and David Hood 3 min read | | The Internal Revenue Service will allow businesses that got their Paycheck Protection Program loans forgiven to write off expenses paid for with that money, shifting policy after Congress passed new legislation last month. | |
| Deloitte deal makes Tax Analysts’ law library public → | | By Jeff Stimpson 1 min read | | The library includes the Internal Revenue Code; rules for accountants and others practicing before the IRS; proposed, final and temporary regs; IRS guidance and private rulings; and much more. | |
| Hedge fund founder charged in $1.6B Danish Cum-Ex tax probe → | | By Frances Schwartzkopff, Morten Buttler and Ellen Milligan 2 min read | | Sanjay Shah, who founded a London hedge fund that specialized in controversial Cum-Ex trades, was charged by Danish prosecutors in a 9.6 billion-krone ($1.6 billion) tax-fraud probe, according to a person familiar with the case. | |
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