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By Julio Gonzalez 4 min read |
The IRS needs to clarify that service firms qualify for the credits, writes Julio Gonzalez. Read story → |
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| | By Jeff Stimpson | The service has released its annual list of the 12 worst tax scams. Read story → |
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| | By Michael Cohn 5 min read | The Internal Revenue Service ended a strategy for examining high-income taxpayers in 2017 and switched to another strategy that brought in far less tax revenue in the next few years. Read story → |
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| | By Michael Cohn 2 min read | Over 500 government entities improperly applied for advance payments of employer tax credits last year during the COVID-19 pandemic and needed to repay them, according to a new report. Read story → |
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| Streamline your firm, increase your ROI and create a conected client experience with a full suite practice management software. LEARN MORE → |
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| | By Michael Cohn 4 min read | The Internal Revenue Service agreed to grant tax-exempt status to Christians Engaged, a nonprofit that urges Christians to pray for elected officials and vote, after coming under pressure from conservatives. Read story → |
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| | By Michael Cohn 3 min read | The Internal Revenue Service is planning to host events this weekend in a dozen cities to help people who usually don’t file a tax return register for monthly Advance Child Tax Credit payments. Read story → |
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| | By Michael Cohn 3 min read | The Internal Revenue Service posted new rules Friday for multiemployer qualified retirement plans that have run into funding problems and need extra financial help from the Pension Benefit Guaranty Corporation. Read story → |
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| | By Scott Carpenter 3 min read | The former Microsoft CEO was cited in a ProPublica story that showed how billionaires use ownership of sports teams to lower their tax obligation. Read story → |
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| | By Michael Cohn 6 min read | KPMG has been increasing its efforts to provide environmental, social and governance services to clients through a new initiative called KPMG Impact. Read story → |
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| | By Michael Cohn 9 min read | Nearly one out of five accountants who identified as LGBTQIA left the accounting profession because of a lack of diversity, equitable treatment or inclusion, according to a recent study. Read story → |
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| | | | | | RESOURCES | | WEB SEMINAR | | Wednesday, July 21, 2021 2:00 PM EDT | Adoption of ASC 842 was challenging enough. No company implemented new lease accounting software expecting to replace it just a couple of years later. But many are doing just that. Learn More → | SPONSOR CONTENT FROM COSTAR | | WEB SEMINAR | | Thursday, August 12, 2021 2:00 PM EDT | Customers, investors, regulators and other stakeholders’ expectations of bankers are rapidly evolving, and disruptive competitors are targeting our most profitable customers. Learn More → | SPONSOR CONTENT FROM MOODY'S ANALYTICS | | EBOOK | | | A new survey reveals which changes accounting firms made to their businesses in 2020—and which will be permanent. Download Now → | SPONSOR CONTENT FROM RIGHT NETWORKS | More resources → |
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