DAILY BRIEFING

By Bob Lewis       4 min read

A host of different factors mean that not all $1 million practices are worth the same amount. View story →

By Mike Downing       3 min read

For accountants and tax professionals working with clients age 50 and older, there are certain tax perks to recommend that could help boost savings for the future.  View story →

By Michael Cohn       2 min read

FASAB is looking for input on a proposed interpretation of the federal financial accounting standards for cancelled debt. View story →

By Greg Stohr       2 min read

The Biden administration urged the U.S. Supreme Court to turn away a New Hampshire lawsuit that challenges Massachusetts’ practice of taxing nonresidents who once worked in the state but now do their jobs from home. View story →

By Christopher Condon and Laura Davison       3 min read

President Joe Biden’s pick to lead the Treasury Department’s tax policy efforts pledged to work with lawmakers on a bipartisan basis and be a strong advocate for the Internal Revenue Service. Read story →

By William Horobin, Yuko Takeo and Tim Ross       4 min read

Finance ministers are due to begin meeting this week to home in on an accord that might feature both a minimum rate and encompass digital giants. Read story →

By Michael Cohn       5 min read

The Securities and Exchange Commission wants input from accountants on rules it is developing for disclosing climate risks and environmental, social and governance reporting. Read story →

By Ranica Arrowsmith       1 min read

LeaseCrunch Verify allows firms to add client accounts from one dashboard and enter and test a sample size of their leases. Read story →

By Roger Russell       3 min read

Even as they look to ramp up acquisitions, funds are worried about the potential impact of these much-discussed taxes. Read story →