| By Jeff Stimpson 1 min read | Among other things, the service is requiring many entities to update their applications. Read story → |
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| | By Michael Cohn 4 min read | Two lawmakers in the House reintroduced bipartisan legislation Wednesday to change a provision in the Tax Cuts and Jobs Act that makes it difficult for performers to deduct business expenses. Read story → |
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| | By Michael Cohn 10 min read | The Biden administration and G-20 leaders are agreeing on the need for more revenue. Read story → |
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| | By Michael Cohn 3 min read | Employers can claim tax credits equivalent to the wages paid for providing paid time-off to employees to take a family or household member or certain other individuals to get vaccinated for COVID-19. Read story → |
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| Whether you’re looking for an all-in-one audit solution, or you want to transform your audit processes, Inflo can help shape your firm and how you serve your clients for decades to come. Learn More → |
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| | By Laura Davison and Genevieve Douglas 2 min read | The bipartisan infrastructure bill would end a tax break Congress crafted to help businesses struggling during the pandemic but relatively few companies have claimed. Read story → |
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| | By Roger Russell | NCCPAP’s Stephen Mankowski offers news about the IRS Office of Promoter investigations, Forms 940X and 941, and more. Read story → |
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| | By Michael Cohn 3 min read | Despite strong efforts by the service, the pandemic claimed dozens of its employee, according to a TIGTA report. Read story → |
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| | By Laura Davison, Joe Light and Allyson Versprille 4 min read | A Senate proposal to ramp up IRS surveillance over cryptocurrency transactions claims it will $28 billion in tax revenue. Read story → |
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| | By Michael Cohn 3 min read | The Securities and Exchange Commission charged Ernst & Young, one of its current partners, and two of the firm’s former partners Monday with violating auditor independence rules and improper professional conduct. Read story → |
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| | By Lynnley Browning 5 min read | Using RMDs to pay the taxes due on a rollover can ease the psychological pain of forking over money to the IRS. Read story → |
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| Follow Accounting Today in real time. More ways to get the most trusted industry news and analysis. |
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