To best serve your clients, and your own firm, these are the top items to closely monitor in the year ahead.
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Tax Pro Today
February 25, 2021
Upcoming Events February 25, 2021
5 regulatory issues to watch in 2021
By Mike Trabold
To best serve your clients, and your own firm, these are the top items to closely monitor in the year ahead.
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A Trump tax break kicked off a race to redraw U.S. Census maps
By Noah Buhayar and Lydia O'Neal     11 min read
Maneuvers played out across the country as census tract boundaries were changed to accommodate wealthy investors whose projects fell outside the lines of roughly 8,700 opportunity zones. About 140 tracts grew in size.
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Tax Strategy: Issues for the 2021 tax filing season
By Mark A. Luscombe     6 min read
A host of developments promise to complicate this year's run-up to April 15.
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Tax Court: You have to be 'away from home' to take lodging deduction
By Roger Russell     2 min read
The Tax Court added its voice to the dilemma facing many taxpayers working remotely due to the pandemic.
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IRS faces obstacles uncovering noncompliance of tax-exempt groups
By Michael Cohn     4 min read
The Internal Revenue Service is confronting some barriers in detecting improper conduct by tax-exempt organizations that abuse the federal tax laws.
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4 things to know about the federal solar power tax credit
By Jayson Waller
More and more accountants are recommending their homeowner clients consider solar panels. Here’s why.
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SPONSOR CONTENT
Managing Cash Flow– a Critical Factor to Small Business Success
Your small business clients are a key pillar of the U.S. economy, providing growth and innovation to the communities in which they serve.
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In the blogs: Fun times ahead
By Jeff Stimpson     3 min read
Delaying filing; inbox anxiety; a new voice; and other highlights from our favorite tax bloggers.
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Congress asks IRS to help ID theft victims with stolen unemployment benefits
By Michael Cohn     3 min read
Leaders of the House Ways and Means Committee want the Internal Revenue Service to assist taxpayers who are getting information returns in the mail for unemployment benefits they never received.
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Global tax leaders see extra risks from pandemic
By Michael Cohn     5 min read
Governments around the world are confronting budget deficits due to the COVID-19 pandemic and corporate tax leaders are worried about higher tax assessments, double taxation, penalties, interest and surcharges.
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2021 is already presenting early complications for next tax season
By Shaun Hunley     3 min read
Right out of the gate, this year has provided some intriguing storylines that undoubtedly will have ripple effects when tax pros sit down with their clients next winter.
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RESOURCES
WEB SEMINAR
Case Study in Growth: More Profitable Sales Tax Services
The COVID pandemic, along with many changes due to the rise of economic nexus, has increased the burden and complexity of managing sales tax compliance for many clients.
Learn More
WEB SEMINAR
The 2020 EY and LeaseAccelerator global lease accounting survey results →
EBOOK
Automate your practice: A guide for accounting and bookkeeping practices →
More Resources →
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