With the passage of so much tax legislation over the past several years, there is tremendous opportunity.
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Tax Pro Today
March 30, 2021
Upcoming Events March 30, 2021
Top 5 tax-planning and tax-saving strategies for real estate owners
By David Fabian
With the passage of so much tax legislation over the past several years, there is tremendous opportunity.
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Small-business owners brace for possible tax hikes under Biden
By Lynnley Browning     4 min read
Advisors are urging clients to make tax-planning moves this year to preserve the preferential capital gains rate and turbocharge business deductions.
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Biden plans effort to reverse decades of disparity
By Christopher Condon and Payne Lubbers     4 min read
More than a half century after Lyndon Johnson’s war on poverty, the new administration plans a mass expansion of government spending and a revamp of the Tax Code.
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Democrats take aim at step up in basis
By Laura Davison     2 min read
A group of senators has drafted legislation that would eliminate the long-standing tax break.
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Art of Accounting: Some relaxation during tax season
By Edward Mendlowitz     3 min read
Take a little time out from busy season with Ed's nonbusiness blogs.
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The SALT outlook for 2021
By Roger Russell
10 major developments, from the pandemic and Wayfair to sin taxes, that are all likely to play major roles.
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Learn about top technology innovations advancing the accounting community.
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IRS teams with other countries to detect tax fraud among fintechs
By Michael Cohn     4 min read
The Internal Revenue Service’s Criminal Investigation division is partnering with tax authorities abroad to ferret out signs of tax fraud, targeting financial technology companies and cryptocurrency.
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PPE is deductible, says IRS
By Jeff Stimpson     1 min read
Announcement 2021-7(1) lets taxpayers deduct money spent on masks, wipes and other supplies in certain circumstances.
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4 nanny tax mistakes to avoid this tax season
By Guy Maddalone
Household employment has nuances that may catch accountants and families off guard, cause noncompliance, and cost your clients money.
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Renewable-energy backers want 10-year tax credit extension
By Ari Natter     4 min read
The clean energy industry is rushing to hitch a ride on President Joe Biden’s emerging infrastructure plan, which could top $3 trillion.
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RESOURCES
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ASC 842 – it’s time to get ready
During this webinar, our experts discuss the first step toward leasing automation and how to go beyond spreadsheets to meet your compliance goals quickly.
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A people-driven approach to finance automation  →
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