| By Roger Russell 5 min read | A failure to use tax data may represent a major missed opportunity, however. Read story → |
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| | | By Erik Wasson, Laura Litvan and Billy House 5 min read | Senate Democrats moved closer to an agreement on President Joe Biden’s economic agenda on Monday, but some House lawmakers raised doubts about the terms of the deal being discussed and whether differences could be resolved in the next few days. Read story → |
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| | | By Steven T. Dennis 2 min read | Senate Republican leader Mitch McConnell ridiculed a Democratic tax plan targeting the unrealized capital gains of the ultra wealthy as a “harebrained scheme” that could have unintended consequences for the economy and markets. Read story → |
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| | | By Laura Davison 4 min read | President Biden will likely be unable to keep one of his key campaign promises because of unyielding resistance among even some in his own party to raise taxes. Read story → |
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| Have you learned how to leverage a hybrid workforce to build capacity for growth-focused firms in the present and the future? Learn more → |
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| | | 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 → |
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| | | By Erik Wasson and Laura Litvan 3 min read | Hikes in the top tax rates are off the table, although a “billionaire’s tax” on unrealized capital gains is under discussion. Read story → |
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| | | By Erik Wasson, Laura Litvan and Ari Natter 4 min read | There is increased momentum for an income tax on $1 billion or more in annual income, or three consecutive years of $100 million or more in income. Read story → |
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| | | By Michael Cohn 2 min read | The Internal Revenue Service issued guidance to assist employers who are rehiring retirees or retaining employees past retirement age as a way to find qualified workers in a tight labor market. Read story → |
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| | | By Michael Cohn 5 min read | The NCAA began allowing university athletes to earn money from their name, image and likeness this summer, and now they could find themselves owing taxes for the first time in their lives. Read story → |
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| | | By Iralma Pozo 4 min read | Here are some tips for accounting firms to advise their clients and internal teams to invest in employee wellness. 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, October 26, 2021 2:00 PM EDT | Lease accounting is a relatively new subject area for many financial leaders. Learn More → | SPONSOR CONTENT FROM EZLEASE | | | EBOOK | | | Internal auditors play a crucial role in reducing risks in their organization. Learn how data analytics can be used to assess, respond to, and analyse the risks encountered during a risk-based audit. Download Now → | SPONSOR CONTENT FROM CaseWare | | | WEB SEMINAR | | Tuesday, December 7, 2021 2:00 PM EST | Join industry thought leaders for a frank discussion about the latest in audit developments leading into 2022 that will affect you most. Learn More → | SPONSOR CONTENT FROM Wolters Kluwer | More resources → |
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