President Biden’s American Families Plan would provide tax credits for families and low-income workers, but eliminate a popular tax break for inheritances and raise taxes on capital gains.
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April 30, 2021
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Biden calls for raising taxes on capital gains and wealthy
By Michael Cohn      8 min read
President Biden’s American Families Plan would provide tax credits for families and low-income workers, but eliminate a popular tax break for inheritances and raise taxes on capital gains.
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3 ways to capture opportunity in disruptive times
By Susan S. Coffey      4 min read
Accountants have come a long way during the pandemic — but they can go ever further.
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Create shareholder value through good corporate citizenship
By Alex Amezquita      3 min read
Having a positive impact on society is more than just making the world a better place; it also makes good business sense.
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CBIZ acquires Berntson Porter
By Michael Cohn      2 min read
CBIZ is expanding to the Pacific Northwest, with its subsidiary CBIZ Accounting, Tax & Advisory of Washington buying the non-attest assets of Berntson Porter & Co., a firm in Bellevue, Washington.
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IESBA revamps auditor independence ethics rules
By Michael Cohn      3 min read
The International Ethics Standards Board for Accountants has revised its ethics standards to safeguard auditor independence for non-assurance services and associated fees.
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Tax Fraud Blotter: Thank you for your service
By Jeff Stimpson      5 min read
Convoy con; now needs counsel; third time’s the charm; and other highlights of recent tax cases.
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Biden offers a vision of unity with rich paying ‘fair share’ of taxes
By Justin Sink and Alex Wayne      6 min read
The president declared the U.S. has turned the corner on a pandemic that’s killed more than half a million Americans.
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Biden dares Democrats to shift tax burden to wealthy
By Justin Sink      6 min read
The president called for higher taxes on the rich to fund a massive investment in the nation’s social safety net.
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Biden $400K tax-hike threshold may hit couples
By Josh Wingrove      1 min read
The proposal won’t affect couples with incomes below $400,000 — but could impact couples who together exceed that threshold.
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SEC enforcement chief resigns days after taking job
By Ben Bain and Matt Robinson      2 min read
Alex Oh abruptly resigned Wednesday, citing a complication in a case from her prior legal career.
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