One of the largest accounting firms in Canada struck a deal with Deloitte to acquire a significant portion of Deloitte’s business in Canada, by March 1. | Surprise tax bills await in pandemic-affected IRS filing season → | | By Laura Davison 4 min read | | The U.S. federal tax-filing season that begins Friday will be among the most consequential in recent history, as households face potential surprises — both negative and positive — sorting through pandemic-related measures at a time of high unemployment and depressed consumer confidence. | |
| House panel clears $1,400 stimulus payments, family tax credits → | | By Laura Davison 3 min read | | The House Ways and Means Committee advanced legislation that would infuse households with hundreds of billions of dollars of cash through direct payments and tax credits, a key plank of President Joe Biden’s COVID-19 relief package. | |
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