BEST

IRS adds more guidance on CTC payments

By Michael Cohn       3 min read

The service has updated the information on its FAQ page for the CTC and advance CTC payments. Read story →

Treasury says be ready for frustration this tax season

By Laura Davison       3 min read

When filing season begins in two weeks, taxpayers should be prepared for delays as returns and refunds are processed, and for difficulties in reaching the IRS. Read story →

IRS targets your side hustle in crackdown on transactions over $600

By Jenny Surane       3 min read

Starting this month, users selling goods and services through such popular sites as Venmo, Etsy and Airbnb will begin receiving tax forms if they take a payment of more than $600.  Read story →

CBIZ and Mayer Hoffman McCann acquire Marks Paneth

By Michael Cohn       4 min read

The megadeal will add an expected $138 million to CBIZ’s annual revenue. Read story →

SPONSOR CONTENT

Advances in Technology

Learn about the newest technology innovations advancing the accounting community. Advances in Tech brings together some of the top technologies that are helping the industry move forward. Explore the Demos →

Taxpayer Advocate warns of tax refund delays this season

By Michael Cohn       5 min read

National Taxpayer Advocate Erin Collins expressed deep concerns Wednesday about the upcoming tax filing season in her annual report to Congress on the 2021 filing season. Read story →

AICPA’s Melancon concerned about IRS bottlenecks

By Michael Cohn       12 min read

Barry Melancon is warning that the backlog at the service threatens to make this tax season a difficult one for tax professionals and their clients. Read story →

KPMG says it misled U.K. audit watchdog over Carillion

By Katharine Gemmell       2 min read

Six former employers at the auditing giant are accused of acting “with a lack of integrity in dishonestly or recklessly misleading the regulator.”  Read story →

Jackson Hewitt charging $25 for DIY tax prep

By Michael Cohn       3 min read

The tax prep chain is looking to compete in the online tax prep space against H&R Block and Intuit. Read story →

Tax season to start on Jan. 24

By Michael Cohn       5 min read

The IRS will begin processing and accepting 2021 returns on Monday, Jan. 24, with a filing deadline of Monday, April 18. Read story →

A grandparents’ guide to funding college

By Roger Russell       3 min read

Understanding how gifted money will impact the student’s FASFA is critical. Read story →

Follow Accounting Today in real time. More ways to get the most trusted industry news and analysis.

Twitter

Facebook

LinkedIn

RESOURCES

WEB SEMINAR

Recruiting and retention in 2022

Wednesday, January 19, 2022 2:00 PM EST

Long before the rest of the economy faced the Great Resignation, the accounting profession found itself in a massive war for talent, struggling to find and keep staff. Learn More →

SPONSORED BY PAYCHEX

WEB SEMINAR

Best practices for IT security

Thursday, March 10, 2022 2:00 PM EST

The pandemic saw security breaches and hacking skyrocket, turning an already-serious issue into an actual emergency. This webinar will explore the best ways for firms to keep themselves and their clients’ data safe in a world that’s more dangerous than ever. Learn More →

SPONSORED BY Right Networks

REPORT

Lease accounting adoption – market snapshot

In this report, learn where your peers stand on implementation and plans for achieving compliance with ASC 842 & GASB 87. Learn More →

SPONSOR CONTENT FROM EZLease

More resources →