| By Ben Worrell 3 min read | Economic development credits and incentives programs traditionally are applied to two areas: new investment and new jobs. Read story → |
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| | By Laura Davison, Erik Wasson and Josh Wingrove 4 min read | After months of focusing on proposals to increase tax rates on income and capital gains, Democrats are exploring alternatives to fund President Joe Biden’s social spending expansion. Read story → |
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| | By Laura Davison and Erik Wasson 4 min read | Congressional Democrats are at odds over both the tax and spending sides of a bill to enact the bulk of President Joe Biden’s economic agenda, even as party leaders aim to have an outline of a deal by the end of the week. Read story → |
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| | By Laura Davison and Erik Wasson 3 min read | The spending package could still include a measure to expand or temporarily remove the cap on the deduction on state and local taxes. Read story → |
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| What are the biggest challenges of the latest lease accounting standards? Learn more → |
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| | By Shaun Hunley 3 min read | Under the 2017 Tax Cuts and Jobs Act, R&E expenses paid or incurred after 2021 must be capitalized and amortized over five years (15 years if research is performed overseas). Read story → |
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| | By Laura Davison 4 min read | Lawmakers are rejiggering the proposal after a wave of criticism by Republicans and bank lobbyists. Read story → |
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| | By Jeff Stimpson 3 min read | South Dakota’s new industry; a little clarity on contractors; the IRS and collections; and other highlights from our favorite tax bloggers. Read story → |
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| | By Michael Cohn 3 min read | The Internal Revenue Service has been extending tax relief to Americans affected by natural disasters like hurricanes and wildfires, but recent legislation could make it easier to qualify for federal tax relief. Read story → |
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| | By Roger Russell 3 min read | Trade groups and Republicans in Congress are marshalling arguments based on privacy, constitutionality and other concerns. Read story → |
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| | By Michael Cohn 2 min read | The deal expands the reach of the tax compliance software company into real and personal property taxes. Read story → |
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| Follow Accounting Today in real time. More ways to get the most trusted industry news and analysis. |
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| | | | | | RESOURCES | | WEB SEMINAR | | Thursday, October 21, 2021 2:00 PM EDT | Many professionals would agree that the last two tax seasons have been challenging, with both federal and state government entities implementing new pandemic-related legislation and extending filing deadlines. Learn More → | SPONSOR CONTENT FROM WOLTERS KLUWER | | WEB SEMINAR | | Wednesday, November 17, 2021 2:00 PM EST | Compliance with the lease accounting standards applies to every organization subject to the rules of the Financial Accounting Standards Board (FASB) and Governmental Accounting Standards Board (GASB), regardless of size. Learn More → | SPONSOR CONTENT FROM LeaseAccelerator | | WEB SEMINAR | | Thursday, November 18, 2021 2:00 PM EST | This webinar will look at everything from technology to staffing to marketing to help tax pros make sure they’re prepared. Learn More → | SPONSORED BY Right Networks | More resources → |
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