BEST

Don’t hold your breath on expiring tax breaks

By Roger Russell       4 min read

A host of provisions will expire at the end of the year, and there's no telling whether they'll be renewed, says Wolters Kluwer's Mark Luscombe. Read story →

Backdoor Roths one step closer to demise; regular Roth conversions on 10-year leash for higher earners

By Lynnley Browning       4 min read

With Senate tax writers in agreement with the House to ban the favored tax-free strategy, wealth advisors have a narrow window to make moves.  Read story →

Clients confused over tax lawmaking

By Jeff Stimpson      

Tax pros share what aspects of the current tax legislation being considered in Congress brings the most questions from clients. Read story →

Biden aims to slash ‘time tax’ for Social Security, storm aid

By Justin Sink and Jennifer Jacobs       3 min read

Among his mandates: having the IRS call taxpayers back, rather than making them sit on hold. Read story →

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IRS spotlights charitable tax benefit expiring Dec. 31

By Danielle Lee       2 min read

The pandemic-related tax provision permits more people to deduct donations to qualifying charities on their 2021 federal income tax return. Read story →

New liability risks for the new year

By Roger Russell       6 min read

Accountants’ responses to the pandemic have, in many ways, opened them up to new liability risks in 2022. Read story →

The big comeback: Tax pros look at returning to the office

By Jeff Stimpson       4 min read

Whether and how to bring staff and clients back into one place elicits mixed feelings from practitioners. Read story →

Biden agenda risks delay into 2022

By Laura Litvan, Erik Wasson and Steven T. Dennis       4 min read

Negotiations seem to be faltering between the White House and West Virginia Sen. Joe Manchin. Read story →

Zero taxes, golf and beach houses create a crypto island paradise

By Francesa Maglione       8 min read

Puerto Rico is becoming a haven for crytocurrency investors looking to protect their gains. Read story →

SLAT is tax ‘acronym du jour’ for the married and wealthy: What you need to know

By Lynnley Browning       5 min read

Spousal lifetime access trusts are surging in popularity, but they aren’t as simple as some advisors or clients may think.  Read story →

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The audit tools many firms rely on today are inefficient and often lead to common missteps found in peer review.  Learn More →

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Payroll processing services: Providing insight and a pathway to growth

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Lease accounting: What your auditor wants to see

Thursday, January 20, 2022 2:00 PM EST

With audit season nearly here, you may be thinking about how you’ll show that your process for identifying, abstracting, classifying, properly accounting for your leases meets the latest lease accounting standards. Learn More →

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