DAILY BRIEFING

By Alexis Leondis       3 min read

The uber-rich are already using a trick to avoid paying the higher taxes proposed by Democrats, but it won’t work for the moderately.  View story →

By Kaustuv Basu, Alexander Ruoff and Erik Wasson       2 min read

Lawmakers are seeking to extend the recently expanded tax break through 2025, endorsing a key component of the president’s social safety net plan. View story →

By Daniel Hood      

Becker's Tim Gearty shares insights on why and how accountants are getting involved in sustainability and environmntal, social and governance disclosures. View story →

By Jeff Stimpson       1 min read

The service is reminding taxpayers that they can pay for at-home tests with their FSAs, MSAs, and Archer MSAs.  View story →

By Michael Cohn       3 min read

The IRS's strategy for examining claims for the Earned Income Tax Credit are falling short, according to a new report. Read story →

By Michael Cohn       4 min read

The Small Business Administration is increasing the cap for COVID Economic Injury Disaster Loans from $500,000 to $2 million. Read story →

By Ben Worrell       3 min read

Planning should involve consideration of economic credits and incentives, which focus on future savings and future growth goals. Read story →

By Clayton Weir      

Not only do accountants have to tackle daily tasks with antiquated technology, but they have to find ways to make this tech meet the modern demands of today’s financial industry. Read story →

By Christopher Anstey       2 min read

Two senior Democratic senators proposed the tax in an effort to boost investment and reduce what they termed 'tax avoidance.' Read story →