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May 19, 2021

Prepared for Voornaam

Remote nexus scores final victory in last holdout state

By Roger Russell       3 min read

The last of the ‘Wayfair dominoes’ falls with Missouri’s new legislation. View story →

White House releases tax returns for Biden, Harris

By Jennifer Epstein       5 min read

Both the president's and the vice president's incomes View story →

RELATED

GOP senators see possible infrastructure deal after Biden talks →

Republican senators say they’re encouraged about the prospects for a deal with President Biden on his $2.25 trillion infrastructure proposal after an Oval Office meeting but want to exclude any move to roll back the 2017 tax cuts to help pay for the package.

4 things you should know about ‘DeFi’

By Sean Stein Smith       3 min read

The next step in the evolution of cryptoassets and blockchain technology, ‘decentralized finance’ is here to stay. View story →

EU eyes new tax framework going beyond current global plans

By William Horobin       3 min read

A proposal to create a more coherent tax regime for the bloc would require unanimity among its 27 member states. View story →

With advisor fees no longer deductible, paying them comes with tax tradeoffs

By Lynnley Browning       4 min read

Pulling the costs directly out of clients’ IRAs can blunt the sting, but it shrinks the pot of tax-deferred retirement assets. View story →

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Women have proven they can lead: Give them the chance

By Avani M. Desai       5 min read

The pandemic has only heightened the profession's risk of losing women leaders. View story →

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In the blogs: Coping and hoping

By Jeff Stimpson       3 min read

The ARP and local aid; advocating for higher taxes; a question of dependency; and other highlights from our favorite tax bloggers. View story →

BlackLine releases intelligent AR product

By Ranica Arrowsmith       2 min read

The new accounts receivable software uses real-time data and analytics to help controllers understand their customers’ financial behavior. View story →

How to prepare for the next crisis

By Jasen Stine       4 min read

As tax and accounting professionals, we not only need to prepare ourselves and our business, but also our clients. View story →

Yellen pitches corporate tax hike to business skeptics

By Saleha Mohsin       1 min read

Higher taxes on companies can fund infrastructure investments that will boost profits, she tells the U.S. Chamber of Commerce. View story →

N.J. residents pay the most in lifetime taxes, W. Virginians the least

By Laura Davison       2 min read

The average American will pay $525,037 in taxes over their whole lives. Read story →

Expanded Child Tax Credit to start mailing July 15

By Jeff Stimpson       2 min read

The IRS will launch the monthly payments just a couple of weeks after its preliminary deadline. Read story →

Firm registrations declining at PCAOB

By Daniel Hood       2 min read

The board’s 2020 Annual Report reveals an ongoing drop in registrees, as well as how it responded to COVID-19. Read story →

Mass. Society awards $145.5K in scholarships

By Sean McCabe       1 min read

Thirty-two local students will receive funds from the program for aspiring to be the "next generation of CPAs." Read story →

Tax Day arrives late, with IRS behind on millions of returns

By Laura Davison       3 min read

This season may be just a harbinger of difficult tax seasons to come. Read story →

RESOURCES

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Mastering lease accounting and ASC 842 implementation

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Tuesday, June 15, 2021 2:00 PM EDT

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