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November 29, 2021

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IRS proposes tax rules related to COVID-19 testing

By Michael Cohn       2 min read

The Internal Revenue Service released proposed regulations that can help taxpayers, employers and insurers navigate the complex tax rules surrounding COVID-19 testing and health insurance coverage. View story →

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Accounting Today

Editorial Team

On the move: MACPA sponsors annual CPA swearing-in ceremony

By Danielle Lee      

KSPCA elects 2021-22 officers, directors and trustees; Somerset CPAs promotes five to senior manager; and more CPA news.  View story →

RELATED

On the move: CBM turns 100 →

A major milestone for a Maryland firm; a host of new appointments from the FAF; awards from the AICPA; and more.

Even Ted Lasso makes mistakes

By Daniel Hood       3 min read

The hit shows offers a host of positive management lessons -- but also some to avoid View story →

Why it’s important to thank your team

By Amy Vetter       3 min read

Almost 80% of people who recently cited a job cited lack of appreciation as a reason. View story →

Warren Averett gets investment from Wealth Partners Capital Group

By Michael Cohn       6 min read

Warren Averett became the latest accounting firm to receive capital from a private equity or investment firm, but in this case the money will go to the firm’s asset management subsidiary, which hopes to make future deals with other CPA firms to acquire their wealth management practices. View story →

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Software survey: A sea change in sales tax

By Ted Needleman       9 min read

The repercussions of the Wayfair decision continue to ripple outward, and one major area of impact is in compliance software. View story →

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Accountants can help small businesses meet sustainability goals

By Michael Cohn       4 min read

Accounting groups released a playbook Wednesday to help accountants and their SMB clients reach their sustainability goals.  View story →

Automation won’t replace CPAs. It will enhance them

By Snehal Shinde       4 min read

AI is going to change accounting, but not in the ways that you think.  View story →

Tax Fraud Blotter: Ill repute

By Jeff Stimpson       6 min read

Bouncy bouncy; PPP penalty; doughnut try this at home; and other highlights of recent tax cases. View story →

Biden bill has tax cut for mere millionaires, hike for mega rich

By Laura Davison       3 min read

Whether a rich person will pay more or less in taxes largely depends on just how much income they get, and how it’s earned. View story →

Billionaire in tax case has worsening Alzheimer’s, doctor says

By David Voreacos and Neil Weinberg       2 min read

Prosecutors have argued that Robert Brockman, charged in the largest evasion case in U.S. history, has been exaggerating his condition.  Read story →

Accountants press IRS for faster refunds and responses

By Michael Cohn       4 min read

The National Society of Accountants has sent a letter asking the IRS to speed up the refunds for 2019 and 2020 tax returns and communicate better. Read story →

In the blogs: The good inflation

By Jeff Stimpson       3 min read

Coming brackets; rising expatriations; meeting behavior and aftermaths; and other highlights from our favorite tax bloggers. Read story →

Kansas Society of CPAs names Women to Watch

By Sean McCabe       2 min read

The state society honored emerging and experienced leaders across the state. Read story →

PCAOB’s new board approves 2022 budget

By Michael Cohn       3 min read

The Public Company Accounting Oversight Board is regrouping with a slate of new board members recently appointed by the Securities and Exchange Commission, and it approved its fiscal year 2022 budget during a rare open meeting on Tuesday. Read story →

RESOURCES

WEB SEMINAR

Using Salesforce to automate the exemption certificate life cycle

Tuesday, November 30, 2021 2:00 PM EST

Most businesses engage in exempt sales, including sales for resale. As tax and finance managers, you may be all too familiar with the complexity of managing exemption certificates within or independently of your Salesforce environment. Learn More →

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Myths & risks of using spreadsheets for lease accounting

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REPORT

Boutique firm must-haves to enable growth in 2022

As a boutique firm owner, learn what it takes to continue enabling your growth in 2022. Covering topics around hiring top talent, customer service, consistent cash flow, security and more. Learn More →

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