Leaders of the House Ways and Means Committee and accounting groups are calling for extending the tax deadline to give the IRS, taxpayers and tax professionals an extra three months.
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March 9, 2021
Upcoming Events March 9, 2021
Daily Briefing
Momentum builds for delaying tax deadline
By Michael Cohn      3 min read
Leaders of the House Ways and Means Committee and accounting groups are calling for extending the tax deadline to give the IRS, taxpayers and tax professionals an extra three months.
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AICPA calls for later PPP deadline, revisions to guidance
By Michael Cohn      7 min read
Confusion around the program and other stimulus measures may be preventing small businesses from getting the help they need.
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IFRS Foundation moves ahead on international sustainability standards board
By Michael Cohn      5 min read
The International Financial Accounting Standards Foundation is pushing forward on a proposal to set up an international sustainability standards board it would oversee along with the International Accounting Standards Board.
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AICPA marks International Women's Day
By Sean McCabe      3 min read
The Association of International CPAs has shared a number of tips for firms to better support and advance female professionals.
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New ways to be an accountant
By Daniel Hood
Marjorie Adams of Fourlane discusses nontraditional careers in accounting, and why she's setting up a scholarship fund to encourage students to explore them.
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Art of Accounting: Managing client expectations
By Edward Mendlowitz      3 min read
Overpromising and missing deadlines is a guaranteed way to disappoint clients.
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FICPA appoints new president and CEO
By Michael Cohn      2 min read
The Florida Institute of CPAs has tapped association executive Shelly Weir as its new president and CEO.
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Biden nears big win as $1.9T stimulus goes to final vote
By Erik Wasson, Laura Davison and Steven T. Dennis      5 min read
President Joe Biden is on the cusp of his first legislative win with the House ready to give final passage to his $1.9 trillion COVID-19 relief plan. It includes a big expansion in the child tax credit and makes student loan forgiveness tax free.
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What’s in the $1.9T stimulus bill passed by the Senate
By Laura Davison      5 min read
Senate Democrats passed the latest version of the $1.9 trillion stimulus bill after a more than 24-hour voting session that included the longest single vote in the chamber’s history.
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SEC creates task force to enforce ESG disclosures
By Michael Cohn      4 min read
The Securities and Exchange Commission has formed a Climate and ESG Task Force in its enforcement division to identify misconduct in environmental, social and governance reporting.
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RESOURCES
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The COVID pandemic, along with many changes due to the rise of economic nexus, has increased the burden and complexity of managing sales tax compliance for many clients.
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