| By Roger Russell 4 min read | Vertex's annual Mid-Year Report reveals the COVID-19-driven differences in the way jurisdictions are approaching rates. Read story → |
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| | | By Kaustuv Basu and Billy House 2 min read | House Democrats are considering a two-year repeal as one of their potential paths to undoing the $10,000 cap on the federal deduction for state and local taxes. Read story → |
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| | | By Amanda L Gordon 3 min read | The progressive Democratic congresswoman Alexandria Ocasio-Cortez used the Met Gala to make a political statement by wearing a dress with the message splashed across the back. Read story → |
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| | | By Nancy Cook and Mike Dorning 5 min read | President Joe Biden’s push to ramp up taxes on the wealthy is getting diluted by his Democratic allies in Congress, undermining his chances of fully delivering on his 2020 campaign pledge to curb America’s widening inequality. Read story → |
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| | | By Lynnley Browning 5 min read | While Biden isn’t getting some of his proposed tax increases on the wealthy, some surprising new hikes may be in the works. Read story → |
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| | | By Michael Cohn 13 min read | The bipartisan infrastructure bill includes requirements for brokers to report their customers’ cryptocurrency gains to the Internal Revenue Service, but exactly what constitutes a broker is stirring controversy. Read story → |
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| | | By Alexis Leondis 3 min read | The uber-rich are already using a trick to avoid paying the higher taxes proposed by Democrats, but it won’t work for the moderately. Read story → |
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| | | By Kaustuv Basu, Alexander Ruoff and Erik Wasson 2 min read | Lawmakers are seeking to extend the recently expanded tax break through 2025, endorsing a key component of the president’s social safety net plan. Read story → |
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| | | By Kaustuv Basu, Billy House and Erik Wasson 2 min read | Their package of tax increases falls short of President Joe Biden’s ambition, however. Read story → |
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| | | By Michael Cohn 3 min read | The IRS's strategy for examining claims for the Earned Income Tax Credit are falling short, according to a new report. 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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| | | | | | | | | | | RESOURCES | | | WEB SEMINAR | | Tuesday, September 21, 2021 2:00 PM EDT | A look at the most popular third-party apps for accountants, including how practitioners use them to boost their efficiency and profitability. Learn More → | SPONSORED BY RIPPLING | | | REPORT | | | Learn how to protect client collaboration workflows and avoid cyber threats targeted at remote, or semi-remote, teams. Learn More → | SPONSOR CONTENT FROM Right Networks | | | REPORT | | | This annual report on the best workplaces in the accounting profession includes benchmarking data, qualitative analysis of what makes a great accounting practice, and profiles of the top firms. Learn More → | SPONSORED BY | More resources → |
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