IRS WATCH

IRS struggles to fill jobs, deal with backlog through difficult tax season

By Michael Cohn       4 min read

The Internal Revenue Service is having a hard time hiring enough staff to help it get through this year’s extended tax season and overcome its backlog of unprocessed tax returns. Read story →

House committee advances retirement savings bill

By Michael Cohn       3 min read

The Ways and Means Committee approved bipartisan legislation Wednesday to expand automatic enrollment, among other things. Read story →

The post-COVID tax practice: What preparers will keep doing

By Jeff Stimpson       3 min read

One thing they’ll definitely keep: not seeing every client in person. Read story →

FloQast releases accounting coloring book ahead of Tax Day

By Michael Cohn       2 min read

The company's creative ways for accountants and tax pros to relax before the hectic deadline also include guided meditations. Read story →

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Square now offers ACH Payments

Learn how your business can benefit from using ACH payments with Square. Read more →

IRS to warn eligible EAs to renew

By Jeff Stimpson       1 min read

Enrolled Agents who need to re-up during the current cycle should receive a letter soon. Read story →

What you need to know about employee retention credits and government shutdown orders

By Ian Williams, Jason Melillo       3 min read

The Employee Retention Tax Credit has been a welcome lifeline to many struggling businesses and those most significantly impacted by the economic uncertainty around the COVID-19 pandemic.  Read story →

Taxing virtual currencies: A new technology challenge

By Amanda Wilkie       5 min read

Firms need to prepare themselves to handle the tax and reporting challenges surrounding their clients' crypto-assets. Read story →

Trump has lost key defense in tax return fight, Dems argue

By David Yaffe-Bellany       2 min read

A court filing by House Democrats says that their subpoena should no longer be held to the same legal standards that applied when Trump was president. Read story →

What every candidate needs to know about the updated CPA exam

By Nina Dorata       4 min read

The revised CPA exam will reward digital mindsets, data analytics and IT confidence. Read story →

IRS increases HSA amounts for inflation for 2022

By Michael Cohn       2 min read

The Internal Revenue Service is adjusting the limits for health savings accounts and high deductible health plans for inflation in new guidance Monday. Read story →

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WEB SEMINAR

Mastering lease accounting and ASC 842 implementation

Thursday, May 20, 2021 2:00 PM EDT

The ASC 842 lease accounting standard for non-public companies will be required beginning in 2022.  Learn More →

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What is the new finance technology stack for SaaS companies?

Wednesday, June 16, 2021 2:00 PM EDT

Quickly reporting on your SaaS metrics, and forecasting your cash, billings, and revenue, are the holy grail to scaling your SaaS business. But what is the right finance stack to put in to produce the data faster and more consistently? Learn More →

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How mid-sized accounting firms are scaling with technology

Tuesday, June 8, 2021 12:00 PM EDT

Learn how mid-sized accounting firms are scaling their businesses and providing higher quality tax services with technology initiatives. Panelists from EisnerAmper and Orion Innovation will share their experiences. Learn More →

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