BEST

Oh my aching backlog: What tax pros tell clients about IRS delays

By Jeff Stimpson       5 min read

Processing delays at the Internal Revenue Service have practitioners scrambing to explain missing tax refunds. Read story →

The $1 million question of higher capital gains taxes under Biden, answered

By Lynnley Browning       4 min read

A Treasury Department spokesperson gave an answer that provides clarity for advisors with affluent clients. Read story →

IRS overlooked billions in taxes from S corp execs

By Michael Cohn       3 min read

The Internal Revenue Service has stepped up efforts to collect employment taxes from S corporation officers, but business owners are still getting away with avoiding billions of dollars in taxes. Read story →

Is it too hard to become a CPA?

By Daniel Hood       3 min read

With college so expensive and the exam turning off prospective candidates, should the profession rethink the barriers of entry to its premiere credential? Read story →

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Countdown to Lease Accounting Compliance

With so many lease accounting changes required to go in effect this year, these best practices will help you to simplify compliance with the FASB and GASB deadlines. Learn More →

Accounting profession having trouble with recruitment

By Michael Cohn       7 min read

Accounting firms are running into difficulties filling the pipeline with new accountants as they find themselves struggling to recruit talent. Read story →

More high-income earners suffer ‘marriage penalty’ under Biden tax plan — but there’s a potential fix

By Lynnley Browning       5 min read

The $1 million threshold at which the 23.8% capital gains rate would nearly double has sparked questions — and a strategy for some well-paid professionals. Read story →

IRS now taking applications for Compliance Assurance Process

By Jeff Stimpson       1 min read

The program helps companies resolve tax questions and issues before they file a return. Read story →

The infrastructure plan's potential impact on taxpayers

By Roger Russell       7 min read

Experts and leading practitioners are looking at ways to mitigate the possible affect of the legislation from a tax perspective.  Read story →

AICPA calls for expanding QBI deduction to accountants

By Michael Cohn       3 min read

The institute is asking Congress to expand the deduction to include accounting firms and other businesses excluded under the Tax Cuts and Jobs Act. Read story →

New risks are piling up for accountants

By Roger Russell       8 min read

Changes in practice and the business environment generated by the pandemic have broadened the areas of liability for accountants.  Read story →

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WEB SEMINAR

A diagnostic deep dive

Tuesday, September 7, 2021 2:00 PM EDT

As the saying goes, an ounce of prevention is worth a pound of cure. That prevention comes in the form of powerful diagnostics, for auditors who use a Knowledge Coach solution.  Learn More →

SPONSOR CONTENT FROM WOLTERS KLUWER

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Tax planning for 2022

It’s never too early to start thinking about the end of the year, and the moves clients should make to be in the best position for the 2022 filing.  Learn More →

SPONSORED BY Wolters Kluwer

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ASC 842 lease accounting: 10 best practices for day two and beyond

Wednesday, September 22, 2021 2:00 PM EDT

Adoption of ASC 842 lease accounting guidance is challenging, and most companies that have worked on compliance just want to get to a finish line.  Learn More →

SPONSOR CONTENT FROM CoStar

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