BEST

KPMG launches relaxed work policies to combat remote work fatigue

By Sean McCabe       2 min read

The Big Four firm utilized employee feedback during the COVID-19 pandemic to launch new initiatives aimed at decreasing stress. Read story →

Lawmakers introduce tax deduction fix for RV trailers

By Michael Cohn       2 min read

New legislation would equalize the tax breaks for different types of recreational vehicles, including travel trailers and campers.  Read story →

The best cities for accountants in 2021

By Daniel Hood      

Now that we can all work from anywhere, this may be some most attractive places to build a career in accounting. Read story →

IRS disburses billions more in Economic Impact Payments, plus-up payments

By Michael Cohn       2 min read

The Internal Revenue Service disbursed more than 1.8 million additional Economic Impact Payments totaling over $3.5 billion under the American Rescue Plan in the past two weeks. Read story →

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IRS tests secure transcript technology for tax pros

By Michael Cohn       2 min read

The Internal Revenue Service has been pilot testing new technology allowing for secure tax transcript retrieval that can integrate with an accounting firm’s practice management system. Read story →

Tax Strategy: Planning for the American Families Plan

By Mark A. Luscombe      

The Biden administration proposal contains many, but not all, of the tax provisions the president campaigned on. Read story →

SEC reaches out to accountants on ESG disclosures

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 →

IRS is trying to catch stimulus payment fraud, but billions may have been paid

By Michael Cohn       6 min read

The Internal Revenue Service issued more than 4.4 million Economic Impact Payments last year totaling more than $5.5 billion to potentially ineligible people, according to a new report. Read story →

New interpretation of debt cancellation proposed for federal accounting

By Michael Cohn       2 min read

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

Biden tax hikes hitting resistance among Democrats

By Nancy Cook and Laura Davison       4 min read

Signs are mounting that anxiety among congressional Democrats will significantly temper any increases that manage to pass Congress. Read story →

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GASB 87: Capture, collect and comply

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