Highlights of the findings from Accounting Today's annual survey of accounting firms' plans for the next 12 months.
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Tax Practice
December 1, 2020
Upcoming Events December 1, 2020
The Year Ahead: 2021 in numbers
By Daniel Hood
Highlights of the findings from Accounting Today's annual survey of accounting firms' plans for the next 12 months.
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Senate runoffs complicate year-end tax planning
By Michael Cohn     11 min read
The outcomes of two elections in Georgia that are scheduled for Jan. 5 are expected to determine the balance of power in the Senate and may also have an impact on the kind of tax planning that accountants should be advising their clients to do.
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Tax Fraud Blotter: Sticky situations
By Jeff Stimpson     5 min read
Island girls; five-year mission; nurse malpractitioner; and other highlights of recent tax cases.
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Axway offers Sovos tax software with enterprise e-invoicing services
By Ranica Arrowsmith     1 min read
Amplify plus Sovos creates a solution for business users to manage all their global invoice compliance tasks.
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House Democrats call for IRS funding to pursue wealthy tax evaders
By Michael Cohn     3 min read
A group of 25 Democrats in the House wrote to congressional leaders asking them to provide $12.1 billion in funding for the Internal Revenue Service, including $5.2 billion for enforcement, with an eye toward cracking down on high-income tax cheats.
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Art of Accounting: Reducing tax season workload compression
By Edward Mendlowitz     4 min read
Workload compression is a ubiquitous drain on our energies. It appears that staff tax season hours still increase every year.
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Managing Your Firm in a Post-COVID World
Think beyond the pandemic with exclusive resources to help you build a thriving virtual practice.
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In the blogs: Blunt truths
By Jeff Stimpson     3 min read
Changes for the year; partnerships’ reporting; building your brand; and other highlights from our favorite tax bloggers.
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A more mobile workforce generates tax policy issues
By Roger Russell     3 min read
The pandemic has forced states to consider where to tax work, but the rules remain tangled.
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AICPA prods Congress to allow PPP expense deductibility
By Michael Cohn     3 min read
With a CARES Act fix stalled along with stimulus legislation, the institute is urging CPAs to put pressure on their representatives.
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PwC chair calls for start to Biden transition as COVID-19 fears grow
By Michael Cohn     4 min read
Concerns are increasing over the growing spread of COVID-19 and the preparedness of the incoming administration to deal with vaccine distribution and other critical issues.
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RESOURCES
WEB SEMINAR
Total firm management: Trends and technology for 2021 and beyond
Get a head start on 2021! Many firms had to abruptly change directions this year, but it’s never too early to start planning for next year. Find out what trends are influencing accounting firm technology strategies and how firms are looking to innovation to become more resilient and agile.
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