| The Internal Revenue Service hasn’t been pursuing cases involving hundreds of billions of dollars in income from individuals and businesses whose income has been showing up in Form 1099-K information returns, but has been otherwise unreported. | IRS overlooks billions in potential taxes from nonfilers | | By Michael Cohn 3 min read | | The Internal Revenue Service hasn’t been pursuing cases involving hundreds of billions of dollars in income from individuals and businesses whose income has been showing up in Form 1099-K information returns, but has been otherwise unreported. | |
| Your 2021 to-do list | | By Daniel Hood | | Here are 12 tasks — one for each month — that accounting firm leaders can use to improve their practices all year long. | |
| IRS ups fees for private letter rulings | | By Michael Cohn 2 min read | | The Internal Revenue Service is increasing many of the fees for requests for private letter rulings by 26.7 percent, starting Feb. 4. | |
| Tax planning amid political uncertainty | | By Elizabeth Urish, Traci Rutter 4 min read | | Given the size and number of tax changes proposed by the Biden administration, it’s no wonder advisors face challenges in helping clients prepare for the year ahead. | |
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