| By Michael Cohn 4 min read | The Internal Revenue Service has begun offering online Tax Pro Accounts that practitioners can use for submitting an authorization request to an individual client’s own taxes online with the IRS. Read story → |
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| | By Michael Cohn 6 min read | The IRS and the Treasury started disbursing advance monthly payments Thursday of the expanded Child Tax Credit in a program that aims to lift millions of families out of poverty. Read story → |
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| | By Michael Cohn 3 min read | Intuit has decided to leave the Free File Alliance after coming under criticism for making it difficult to access a truly free version of TurboTax. Read story → |
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| | By Michael Cohn 6 min read | The Senate Finance Committee chairman's legislation would streamline the 199A deduction for qualified business income, allowing accountants, lawyers, doctors and others to qualify, but phasing out above $400,000. Read story → |
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| Lease accounting software from CoStar analyzes and classifies leases for new lease accounting requirements Watch here → |
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| | By Michael Cohn 2 min read | The Internal Revenue Service’s Office of Chief Counsel posted a memorandum on cost-sharing agreements with reverse clawback provisions and their implications for transfer pricing arrangements and stock-based compensation. Read story → |
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| | By Colin Wilhelm 2 min read | The bill would expand eligibility for the “pass-through” deduction to lawyers, accountants or doctors making above certain income thresholds. Read story → |
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| | By Michael Cohn 2 min read | The Israeli technology company is advised by former IRS officials and current PwC execs. Read story → |
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| | By Jeff Stimpson 5 min read | Rage against the Machine; property casualty; herbal remedy; and other highlights of recent tax cases. Read story → |
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| | By Michael Cohn 2 min read | Auditors don’t put much emphasis on work-life balance, but the quality of their audits tends to suffer if that balance is absent, according to a recent study. Read story → |
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| | By Lynnley Browning 5 min read | Securities-based lending is up sharply as wealthy investors leverage gains in their stock portfolios into low-interest loans for pricey purchases. Read story → |
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| | | | | | RESOURCES | | WEB SEMINAR | | Wednesday, July 21, 2021 2:00 PM EDT | Adoption of ASC 842 was challenging enough. No company implemented new lease accounting software expecting to replace it just a couple of years later. But many are doing just that. Learn More → | SPONSOR CONTENT FROM COSTAR | | EBOOK | | | Discover the challenges, benefits, and framework to optimize your financial close in five steps with this comprehensive eBook. Download Now → | SPONSORED BY ADRA BY TRINTECH * | | REPORT | | | Trintech conducted a global survey of 486 financial professionals to assess their biggest challenges and their plans for future innovation. Learn More → | SPONSORED BY ADRA BY TRINTECH * | More resources → |
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