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6 Key Areas of Paid Tax Preparer Regulation Highlighted in AICPA Letter to Congress

(JofA) - The Biden administration says the IRS should be given the authority to regulate paid tax return preparers who are currently unregulated, and the AICPA offers its recommendations in six key areas.


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IRS Issues Guidance on Taxability of Dependent Care Assistance Programs 
(CPA Practice Advisor) - Notice 2021-26 clarifies for taxpayers that if these dependent care benefits would have been excluded from income if used during taxable year 2020 (or 2021, if applicable), these benefits will remain excludible from gross income and are not considered ...

No, You Are Not Imagining It. Prices For A Lot Of Things Did Jump In April 
(NPR) - Consumer prices surged 4.2% in April from the depressed levels of a year earlier when the global economy was hit hard by the coronavius pandemic, according to the Labor Department on Wednesday.

Guy Would Rather Play Pickleball Than Spend One More Minute Working at Deloitte 
(Going Concern) - Working at the Big 4 has gotten so bad that one auditor, Zane Navratil, decided to become a professional pickleballer instead of continuing his public accounting career at Deloitte.

Is There Really Such a Thing as a "Bad" Client? 
(Accounting Web) - Billie Anne Grigg dives into the myth that some clients are simply impossible to work with in the first of a five-part content series.

Free resources to make 2021 better for you and your firm

If you can spare just a bit of time during the tax season, wouldn't it be great to use it to plant the seeds for making your entire 2021 a little better? LEARN MORE


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