The Internal Revenue Service released guidance Monday for employers claiming the employee retention credit for 2020 and how it relates to eligibility for the Paycheck Protection Program. Art of Accounting: Email etiquette → | By Edward Mendlowitz | While email is the most expeditious way to communicate, we have to be mindful and thoughtful about what we choose to share before clicking send. | | Myth-busting: The move to advisory → | By Daniel Hood | Will Hill and Paul Miller of "The Pulse of the Practice" podcast correct some of the accounting profession's biggest misconceptions around the shift to value-added services. | |
Ensure they’re insured → | By John P. Napolitano 7 min read | CPA financial planners should play a major role in giving life insurance advice to their clients. | |
Democrats shelve minimum wage tax to speed stimulus → | By Steven T. Dennis and Erik Wasson 4 min read | Senate Democrats are jettisoning a proposal to penalize corporations that don’t raise the minimum wage for their lowest-paid workers in an effort to keep President Biden’s broader stimulus plan on track. | | U.S. drops digital tax demand, opening door to global deal → | By Birgit Jennen, Saleha Mohsin and William Horobin 2 min read | The U.S. has dropped a key demand in negotiations over digital taxation of technology companies such as Alphabet Inc.’s Google and Facebook Inc., lifting a barrier that had raised transatlantic trade tensions and prevented an international deal. | | |