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KPMG U.S. announces compensation and benefits enhancements

By Sean McCabe       2 min read

KPMG U.S. chair and CEO Paul Knopp outlined a wide range of upgrades to employee benefits in a LinkedIn post. Read story →

Accountants’ favorite apps: 2021 edition

By Ranica Arrowsmith      

Our readers picked a mix of accounting and finance apps that work particularly well with central accounting software; as well as other apps that keep accountants sane in their off hours.  Read story →

Biden proposes new tax surcharges of 5%-8% on millionaires

By Lynnley Browning       4 min read

The latest proposal underscores a fierce fight in Congress over ways to pay for Biden's slimmer social-spending agenda. Read story →

Waiting on reconciliation: The final stage?

By Roger Russell       5 min read

Potential new provisions could create a seismic shift in tax. Read story →

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Tax Strategy: Year-end planning amid tax uncertainty

By Mark A. Luscombe      

As Congress wrangles, advisors are struggling to figure out how to help clients. Read story →

Taxpayer Advocate Service faced delays helping taxpayers with stimulus payments

By Michael Cohn       3 min read

The Internal Revenue Service’s Taxpayer Advocate Service helped thousands of taxpayers last year with economic impact payments under the CARES Act, but it took months to start addressing them, often with the wrong cases. Read story →

New taxes — without new laws

By Roger Russell       3 min read

West Virginia didn’t need to change the laws to begin taxing streaming services. Read story →

Mnuchin warns of unintended consequences in billionaire tax plan

By Ben Bartenstein and Yousef Gamal El-Din       2 min read

The former Treasury secretary is concerned about the potential knock-on effects of a proposed levy on the super-wealthy. Read story →

Private cos. still playing catchup on lease accounting

By Michael Cohn       6 min read

The majority of private companies have yet to implement the new lease accounting standard entirely, even though the effective date is fast approaching. Read story →

5 steps to prevent fraud

By Brandy Keller      

While no one wants to believe fraud is occurring at their organization, unfortunately, it can and does.  Read story →

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