TAX PRO TODAY

The unknown science behind tax credits and incentives

By Ben Worrell       4 min read

In the world of accounting, economic credits and incentives have been shrouded in mystery for some time. Read story →

Will Biden’s IRS be coming after your clients?

By Alexis Leondis       3 min read

Most at risk are taxpayers whose earnings aren’t reported to the IRS by an outside source like an employer or brokerage firm. Read story →

Biden-GOP optimism on infrastructure tempered by tax divide

By Jordan Fabian, Jennifer Epstein and Josh Wingrove       5 min read

The president and Republican congressional leaders see a narrow opening for compromise on infrastructure spending yet significant obstacles remain, particularly on tax increases. Read story →

Manchin, other Dems back Biden plan to end carried interest

By Laura Davison       2 min read

Three Democratic senators introduced legislation that would stop the tax breaks used by private equity money managers and others.  Read story →

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Biden beats first state bids to block stimulus ban on tax cuts

By Erik Larson       2 min read

Ohio and Missouri judges deny injunctions because those states haven’t yet suffered any harm. Read story →

Amazon gets $303M EU tax bill thrown out in court

By Stephanie Bodoni       4 min read

European regulators failed to show that the U.S. online retailer was given special treatment by Luxembourg’s tax authority in violation of state-aid rules. Read story →

Social and political factors driving company financial plans

By Michael Cohn       3 min read

Financial executives are eyeing tax changes expected in the Biden administration, demands for more environmental, social and governance reporting, and diversity efforts. Read story →

Democrats reintroduce corporate tax transparency bill

By Michael Cohn       4 min read

Congressional Democrats have reintroduced legislation in the House and Senate to shed more light on the use of corporate tax havens and incentives for outsourcing jobs abroad. Read story →

In the blogs: Last-minute fun

By Jeff Stimpson       3 min read

What they think of you; mistaken death and taxes; small-biz bounce back; and other highlights from our favorite tax bloggers. Read story →

3 ways HNW investors can manage Biden's tax hikes

By Lynnley Browning       4 min read

Affluent clients can use wealth and retirement strategies to blunt the impact of the administration’s proposals, which include a higher capital gains rate. Read story →

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WEB SEMINAR

Mastering lease accounting and ASC 842 implementation

Thursday, May 20, 2021 2:00 PM EDT

The ASC 842 lease accounting standard for non-public companies will be required beginning in 2022.  Learn More →

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Myths and risks of using spreadsheets for lease accounting

In this guide, see how spreadsheets increase risk and why a purpose-built application matters. Download Now →

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What clients expect from their accountants

As businesses across different industries work to improve experiences, U.S. consumers have increasingly high expectations of service, attention to detail, and convenience. So we commissioned an independent survey of U.S. taxpayers in order to get a better understanding of how the experience economy is affecting the expectations taxpayers have about their experience preparing taxes with an accountant. Learn More →

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