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February 2, 2022

Prepared for Voornaam

The top SALT stories of 2021

By Roger Russell      

From PTE tax regimes and telework, to changes in the tax mandate, these 10 developments were critical. View story →

IRS update: A focus on communications

By Roger Russell       3 min read

The service is working on text bots and chat bots to improve access, and managing issues around the ACTC and EIPs.  View story →

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In the blogs: Wasting no time →

What to concentrate on; Ready Return rejection; cases dismissed; and other highlights from our favorite tax bloggers.

Roth conversion? Why to gamble on one this tax filing season

By Lynnley Browning       6 min read

Here are four core moves that advisors are considering right now for clients as they gear up to file their federal tax returns.  View story →

Accounting for crypto assets? Here’s what you need to know

By Jennifer Hull       5 min read

Everyone has called for binding accounting requirements for digital assets. Yet as of this writing, no U.S. GAAP standards are in development. View story →

Marcum merges in RotenbergMeril

By Michael Cohn       2 min read

The Top 20 Firm is expanding its presence in New Jersey. View story →

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Withum adds Martini Partners

By Michael Cohn       2 min read

The Top 25 Firm has merged in a firm in the Encino neighborhood of Los Angeles . View story →

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FEI teams with NABA to develop future Black finance execs

By Michael Cohn       2 min read

In the first step in a multiphase agreement, NABA members will receive a subscription to a community and content hub for career development.  View story →

Small businesses added jobs, increased wages at record pace in January

By Michael Cohn       3 min read

Paychex monthly report shows that despite the Omicron variant, more businesses have been hiring and giving raises to workers. View story →

In the blogs: Wasting no time

By Jeff Stimpson       3 min read

What to concentrate on; Ready Return rejection; cases dismissed; and other highlights from our favorite tax bloggers. View story →

India finally warms to crypto with tax, digital currency

By Suvashree Ghosh and Vrishti Beniwal       2 min read

India took a step closer to adopting cryptocurrencies after years of wavering on its stance, as the country seeks to keep up with the global move toward digital assets.  View story →

International Public Sector Accounting Standards Board releases leases standard

By Michael Cohn       2 min read

The International Public Sector Accounting Standards Board has issued its own leasing standard for the public sector.  Read story →

IRS releases new FAQs on Child Tax Credit

By Michael Cohn       2 min read

The service issued a set of frequently asked questions Monday for filing season, with new material added on the expanded Child Tax Credit. Read story →

PCAOB revives outside advisory groups for investors and others

By Michael Cohn       4 min read

The Public Company Accounting Oversight Board is once again forming an Investor Advisory Group and starting a new Standards and Emerging Issues Advisory Group after the old board came under sharp criticism for scrapping its outside advisory groups. Read story →

IRS managers defend automated penalty notices

By Michael Cohn       7 min read

A group representing managers at the service is pushing back against demands to stop sending automated tax notices to taxpayers. Read story →

Tax pros see social impact from work

By Michael Cohn       5 min read

Tax professionals feel a strong sense of purpose and a positive impact on their communities in helping clients deal with their taxes, according to a new survey. Read story →

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