Tax professionals share the strangest misconceptions their clients have about taxes.
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February 11, 2021
Upcoming Events February 11, 2021
The wrong idea: Clients’ wacky notions about taxes
By Jeff Stimpson      3 min read
Tax professionals share the strangest misconceptions their clients have about taxes.
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Surveillance capitalism and the new economic order
Join us live in the Leaders forum on Friday, February 12 at 3:00PM EST for an exclusive event with Mark Weinstein, founder & CEO of the rapidly expanding high integrity social network, MeWe. Sign up today.
Register here
 
 
Polish media-tax plan sparks protest and U.S., EU criticism
By Marek Strzelecki     2 min read
With blacked out or blank television screens, front pages and web portals, Poland’s private media companies protested against plans to implement a new advertising tax they say is a disguised government attempt to muffle criticism.
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Biden will have to deal with tax revenue shortfall from COVID-19
By Paul McVoy     3 min read
Claims for the R&D tax credit may be coming under closer scrutiny from the IRS.
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Senators propose to make Work Opportunity Tax Credit permanent
By Michael Cohn     2 min read
A bipartisan group of Senate lawmakers has introduced legislation to make the Work Opportunity Tax Credit a permanent part of the Tax Code.
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Immigration reform taxes could help states with post-COVID recovery
By Tabassum Ali     3 min read
Public debates over immigration reform often suffer from scarce and erroneous information about the tax contributions of undocumented immigrants, particularly at the state level.
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In the blogs: Into the weeds
By Jeff Stimpson     3 min read
CP21Cs and long memories; all smiles; Romney’s proposal; and other highlights from our favorite tax bloggers.
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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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Democrats reintroduce bill with tax breaks for green energy
By Michael Cohn     2 min read
The GREEN Act would encourage residential investments in green energy and energy efficiency, and incentivize greater adoption of zero-emission vehicles, among other things.
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Lawmakers request help for taxpayers victimized by unemployment fraud
By Michael Cohn     4 min read
Republicans are asking the Biden administration to assist taxpayers who are receiving tax forms for unemployment benefits claimed by identity thieves.
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Ex-banker put on Interpol most wanted list in Cum-Ex tax probe
By Karin Matussek     3 min read
Former investment banker Paul Mora is the first Cum-Ex suspect placed on Interpol’s public list of most-wanted suspects as Germany launched an international search for him in an escalation of its vast tax-evasion probe.
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Child-poverty crisis spurs stepped-up tax efforts in Congress
By Catarina Saraiva and Laura Davison     4 min read
Lawmakers have introduced several measures that would expand the so-called child tax credit, which currently provides parents $2,000 per child annually.
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Accounting Today’s Top 100 Firms and Regional Leaders present a host of information on the profession’s most successful practices, and this session will dig deep into that data to share some of the secrets behind their achievements, including trends in service offerings, staffing and more; their growth strategies; their biggest concerns; new approaches to M&A; and more.
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